Toplofikatsia-Burgas AD Balance Sheet Health
Financial Health criteria checks 5/6
Toplofikatsia-Burgas AD has a total shareholder equity of BGN41.0M and total debt of BGN11.3M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are BGN79.9M and BGN38.9M respectively. Toplofikatsia-Burgas AD's EBIT is BGN10.4M making its interest coverage ratio 21.9. It has cash and short-term investments of BGN3.4M.
Key information
27.5%
Debt to equity ratio
лв11.26m
Debt
Interest coverage ratio | 21.9x |
Cash | лв3.38m |
Equity | лв41.02m |
Total liabilities | лв38.88m |
Total assets | лв79.90m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TPLB's short term assets (BGN40.9M) exceed its short term liabilities (BGN29.7M).
Long Term Liabilities: TPLB's short term assets (BGN40.9M) exceed its long term liabilities (BGN9.2M).
Debt to Equity History and Analysis
Debt Level: TPLB's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: TPLB's debt to equity ratio has increased from 0% to 27.5% over the past 5 years.
Debt Coverage: TPLB's debt is well covered by operating cash flow (55.9%).
Interest Coverage: TPLB's interest payments on its debt are well covered by EBIT (21.9x coverage).