Speedy AD Balance Sheet Health
Financial Health criteria checks 4/6
Speedy AD has a total shareholder equity of BGN102.9M and total debt of BGN95.1M, which brings its debt-to-equity ratio to 92.5%. Its total assets and total liabilities are BGN261.9M and BGN159.1M respectively. Speedy AD's EBIT is BGN52.0M making its interest coverage ratio 15.9. It has cash and short-term investments of BGN36.0M.
Key information
92.5%
Debt to equity ratio
лв95.10m
Debt
| Interest coverage ratio | 15.9x |
| Cash | лв35.97m |
| Equity | лв102.85m |
| Total liabilities | лв159.06m |
| Total assets | лв261.91m |
Recent financial health updates
Recent updates
We Think Speedy AD (BUL:SPDY) Can Manage Its Debt With Ease
Nov 14
Why We Like The Returns At Speedy AD (BUL:SPDY)
Oct 01We Think Speedy AD's (BUL:SPDY) Profit Is Only A Baseline For What They Can Achieve
Sep 06Speedy AD's (BUL:SPDY) Shareholders Might Be Looking For Exit
Apr 03Returns on Capital Paint A Bright Future For Speedy AD (BUL:SPDY)
May 23Financial Position Analysis
Short Term Liabilities: SPDY's short term assets (BGN96.7M) exceed its short term liabilities (BGN85.4M).
Long Term Liabilities: SPDY's short term assets (BGN96.7M) exceed its long term liabilities (BGN73.7M).
Debt to Equity History and Analysis
Debt Level: SPDY's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: SPDY's debt to equity ratio has increased from 37.3% to 92.5% over the past 5 years.
Debt Coverage: SPDY's debt is well covered by operating cash flow (77.2%).
Interest Coverage: SPDY's interest payments on its debt are well covered by EBIT (15.9x coverage).