Toplofikatsia-Burgas AD Balance Sheet Health
Financial Health criteria checks 5/6
Toplofikatsia-Burgas AD has a total shareholder equity of BGN48.0M and total debt of BGN14.8M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are BGN80.7M and BGN32.7M respectively. Toplofikatsia-Burgas AD's EBIT is BGN11.5M making its interest coverage ratio 21.7. It has cash and short-term investments of BGN1.4M.
Key information
30.9%
Debt to equity ratio
лв14.82m
Debt
| Interest coverage ratio | 21.7x |
| Cash | лв1.35m |
| Equity | лв48.00m |
| Total liabilities | лв32.68m |
| Total assets | лв80.67m |
Recent financial health updates
No updates
Recent updates
Toplofikatsia-Burgas AD's (BUL:TPLB) Conservative Accounting Might Explain Soft Earnings
Nov 06
We Like The Quality Of Toplofikatsia-Burgas AD's (BUL:TPLB) Earnings
May 04Fewer Investors Than Expected Jumping On Toplofikatsia-Burgas AD (BUL:TPLB)
Apr 18A Piece Of The Puzzle Missing From Toplofikatsia-Burgas AD's (BUL:TPLB) 26% Share Price Climb
Oct 28Financial Position Analysis
Short Term Liabilities: TPLB's short term assets (BGN31.4M) exceed its short term liabilities (BGN18.7M).
Long Term Liabilities: TPLB's short term assets (BGN31.4M) exceed its long term liabilities (BGN14.0M).
Debt to Equity History and Analysis
Debt Level: TPLB's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: TPLB's debt to equity ratio has increased from 0% to 30.9% over the past 5 years.
Debt Coverage: TPLB's debt is well covered by operating cash flow (73.7%).
Interest Coverage: TPLB's interest payments on its debt are well covered by EBIT (21.7x coverage).