Toplofikatsia-Burgas AD Balance Sheet Health
Financial Health criteria checks 5/6
Toplofikatsia-Burgas AD has a total shareholder equity of BGN47.1M and total debt of BGN10.0M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are BGN81.0M and BGN33.9M respectively. Toplofikatsia-Burgas AD's EBIT is BGN18.8M making its interest coverage ratio 34.9. It has cash and short-term investments of BGN4.8M.
Key information
21.1%
Debt to equity ratio
лв9.96m
Debt
| Interest coverage ratio | 34.9x |
| Cash | лв4.79m |
| Equity | лв47.15m |
| Total liabilities | лв33.87m |
| Total assets | лв81.01m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TPLB's short term assets (BGN42.4M) exceed its short term liabilities (BGN23.1M).
Long Term Liabilities: TPLB's short term assets (BGN42.4M) exceed its long term liabilities (BGN10.8M).
Debt to Equity History and Analysis
Debt Level: TPLB's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: TPLB's debt to equity ratio has increased from 0% to 21.1% over the past 5 years.
Debt Coverage: TPLB's debt is well covered by operating cash flow (78.9%).
Interest Coverage: TPLB's interest payments on its debt are well covered by EBIT (34.9x coverage).