Bravo Property Fund REIT Balance Sheet Health
Financial Health criteria checks 2/6
Bravo Property Fund REIT has a total shareholder equity of BGN41.7M and total debt of BGN26.1M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are BGN70.1M and BGN28.4M respectively. Bravo Property Fund REIT's EBIT is BGN3.5M making its interest coverage ratio 3.9. It has cash and short-term investments of BGN3.0M.
Key information
62.7%
Debt to equity ratio
лв26.12m
Debt
Interest coverage ratio | 3.9x |
Cash | лв3.04m |
Equity | лв41.70m |
Total liabilities | лв28.38m |
Total assets | лв70.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BPF's short term assets (BGN3.7M) do not cover its short term liabilities (BGN27.5M).
Long Term Liabilities: BPF's short term assets (BGN3.7M) exceed its long term liabilities (BGN855.0K).
Debt to Equity History and Analysis
Debt Level: BPF's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: BPF's debt to equity ratio has increased from 0% to 62.7% over the past 5 years.
Debt Coverage: BPF's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: BPF's interest payments on its debt are well covered by EBIT (3.9x coverage).