Sirma Group Holding AD Balance Sheet Health
Financial Health criteria checks 6/6
Sirma Group Holding AD has a total shareholder equity of €44.2M and total debt of €5.3M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are €59.5M and €15.4M respectively. Sirma Group Holding AD's EBIT is €3.3M making its interest coverage ratio 7.9. It has cash and short-term investments of €4.4M.
Key information
11.99%
Debt to equity ratio
€5.30m
Debt
| Interest coverage ratio | 7.9x |
| Cash | €4.38m |
| Equity | €44.18m |
| Total liabilities | €15.36m |
| Total assets | €59.54m |
Recent financial health updates
Sirma Group Holding AD (BUL:SGH) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Does Sirma Group Holding AD (BUL:SGH) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...These 4 Measures Indicate That Sirma Group Holding AD (BUL:SKK) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent updates
European Regulatory Demand And Sector Expertise Will Support Long Term AI Opportunities
Catalysts About Sirma Group Holding AD Sirma Group Holding AD is a European technology group focused on AI enabled enterprise transformation, IT services, software and sector specific solutions. What are the underlying business or industry changes driving this perspective?Sirma Group Holding AD (BUL:SGH) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Sirma Group Holding AD (BUL:SGH) Stock Rockets 36% But Many Are Still Ignoring The Company
Despite an already strong run, Sirma Group Holding AD ( BUL:SGH ) shares have been powering on, with a gain of 36% in...Does Sirma Group Holding AD (BUL:SGH) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...A Piece Of The Puzzle Missing From Sirma Group Holding AD's (BUL:SGH) 26% Share Price Climb
Sirma Group Holding AD ( BUL:SGH ) shareholders have had their patience rewarded with a 26% share price jump in the...Sirma Group Holding AD (BUL:SGH) Is Looking To Continue Growing Its Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Sirma Group Holding AD (BUL:SGH) Is Reinvesting At Lower Rates Of Return
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Sirma Group Holding AD's (BUL:SGH) Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...These 4 Measures Indicate That Sirma Group Holding AD (BUL:SKK) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Has Sirma Group Holding AD (BUL:SKK) Got What It Takes To Become A Multi-Bagger?
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Financial Position Analysis
Short Term Liabilities: SIRM's short term assets (€19.7M) exceed its short term liabilities (€10.5M).
Long Term Liabilities: SIRM's short term assets (€19.7M) exceed its long term liabilities (€4.8M).
Debt to Equity History and Analysis
Debt Level: SIRM's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: SIRM's debt to equity ratio has reduced from 20.3% to 12% over the past 5 years.
Debt Coverage: SIRM's debt is well covered by operating cash flow (120.6%).
Interest Coverage: SIRM's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/19 18:23 |
| End of Day Share Price | 2026/06/19 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sirma Group Holding AD is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kai Kindermann | Montega AG |
| null null | Wood & Company |
| Pawel Wieprzowski | Wood & Company |