Toplofikatsia-Ruse AD Balance Sheet Health
Financial Health criteria checks 2/6
Toplofikatsia-Ruse AD has a total shareholder equity of BGN-40.4M and total debt of BGN129.9M, which brings its debt-to-equity ratio to -321.8%. Its total assets and total liabilities are BGN320.0M and BGN360.4M respectively.
Key information
-321.8%
Debt to equity ratio
лв129.86m
Debt
| Interest coverage ratio | n/a |
| Cash | лв1.42m |
| Equity | -лв40.35m |
| Total liabilities | лв360.39m |
| Total assets | лв320.04m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TPLR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TPLR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TPLR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TPLR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TPLR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TPLR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41% per year.