Petrol AD Balance Sheet Health
Financial Health criteria checks 1/6
Petrol AD has a total shareholder equity of BGN21.3M and total debt of BGN229.4M, which brings its debt-to-equity ratio to 1074.6%. Its total assets and total liabilities are BGN331.9M and BGN310.6M respectively. Petrol AD's EBIT is BGN963.0K making its interest coverage ratio 0.2. It has cash and short-term investments of BGN3.5M.
Key information
1,074.6%
Debt to equity ratio
лв229.38m
Debt
Interest coverage ratio | 0.2x |
Cash | лв3.46m |
Equity | лв21.35m |
Total liabilities | лв310.56m |
Total assets | лв331.90m |
Recent financial health updates
Does Petrol AD (BUL:PET) Have A Healthy Balance Sheet?
Feb 21These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Nov 08These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Jun 16Here's Why Petrol AD (BUL:PET) Has A Meaningful Debt Burden
Mar 17Petrol AD (BUL:PET) Takes On Some Risk With Its Use Of Debt
Jun 09Is Petrol AD (BUL:PET) Weighed On By Its Debt Load?
Jan 18Recent updates
Petrol AD (BUL:PET) Not Doing Enough For Some Investors As Its Shares Slump 28%
Jun 18Shaky Earnings May Not Tell The Whole Story For Petrol AD (BUL:PET)
Jun 09We Like These Underlying Return On Capital Trends At Petrol AD (BUL:PET)
May 24Petrol AD (BUL:PET) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Apr 18Does Petrol AD (BUL:PET) Have A Healthy Balance Sheet?
Feb 21These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Nov 08Petrol AD (BUL:PET) Shareholders Will Want The ROCE Trajectory To Continue
Aug 08These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Jun 16Here's Why Petrol AD (BUL:PET) Has A Meaningful Debt Burden
Mar 17Petrol AD's (BUL:PET) Returns On Capital Are Heading Higher
Nov 18Petrol AD (BUL:PET) Takes On Some Risk With Its Use Of Debt
Jun 09Returns Are Gaining Momentum At Petrol AD (BUL:PET)
Mar 15Is Petrol AD (BUL:PET) Weighed On By Its Debt Load?
Jan 18Is Petrol AD (BUL:PET) Weighed On By Its Debt Load?
Sep 28Is Petrol AD (BUL:PET) A Risky Investment?
Mar 25Is Petrol AD (BUL:5PET) Using Debt In A Risky Way?
Dec 09Financial Position Analysis
Short Term Liabilities: PET's short term assets (BGN103.0M) exceed its short term liabilities (BGN87.0M).
Long Term Liabilities: PET's short term assets (BGN103.0M) do not cover its long term liabilities (BGN223.6M).
Debt to Equity History and Analysis
Debt Level: PET's net debt to equity ratio (1058.4%) is considered high.
Reducing Debt: PET's debt to equity ratio has increased from 297.6% to 1074.6% over the past 5 years.
Debt Coverage: PET's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: PET's interest payments on its debt are not well covered by EBIT (0.2x coverage).