Speedy AD Balance Sheet Health
Financial Health criteria checks 6/6
Speedy AD has a total shareholder equity of BGN108.3M and total debt of BGN1.4M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are BGN277.7M and BGN169.4M respectively. Speedy AD's EBIT is BGN50.0M making its interest coverage ratio 16.8. It has cash and short-term investments of BGN48.2M.
Key information
1.2%
Debt to equity ratio
лв1.35m
Debt
| Interest coverage ratio | 16.8x |
| Cash | лв48.25m |
| Equity | лв108.30m |
| Total liabilities | лв169.41m |
| Total assets | лв277.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SPDY's short term assets (BGN122.9M) exceed its short term liabilities (BGN101.1M).
Long Term Liabilities: SPDY's short term assets (BGN122.9M) exceed its long term liabilities (BGN68.3M).
Debt to Equity History and Analysis
Debt Level: SPDY has more cash than its total debt.
Reducing Debt: SPDY's debt to equity ratio has reduced from 49% to 1.2% over the past 5 years.
Debt Coverage: SPDY's debt is well covered by operating cash flow (4910.3%).
Interest Coverage: SPDY's interest payments on its debt are well covered by EBIT (16.8x coverage).