Shelly Group AD Balance Sheet Health
Financial Health criteria checks 6/6
Shelly Group AD has a total shareholder equity of BGN117.3M and total debt of BGN1.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are BGN131.7M and BGN14.4M respectively. Shelly Group AD's EBIT is BGN41.7M making its interest coverage ratio 595.5. It has cash and short-term investments of BGN29.2M.
Key information
1.4%
Debt to equity ratio
лв1.65m
Debt
Interest coverage ratio | 595.5x |
Cash | лв29.22m |
Equity | лв117.27m |
Total liabilities | лв14.40m |
Total assets | лв131.67m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: SLYGD's short term assets (BGN111.9M) exceed its short term liabilities (BGN12.9M).
Long Term Liabilities: SLYGD's short term assets (BGN111.9M) exceed its long term liabilities (BGN1.4M).
Debt to Equity History and Analysis
Debt Level: SLYGD has more cash than its total debt.
Reducing Debt: SLYGD's debt to equity ratio has reduced from 14.1% to 1.4% over the past 5 years.
Debt Coverage: SLYGD's debt is well covered by operating cash flow (320.5%).
Interest Coverage: SLYGD's interest payments on its debt are well covered by EBIT (595.5x coverage).