Bulgarian Real Estate Fund REIT Balance Sheet Health
Financial Health criteria checks 2/6
Bulgarian Real Estate Fund REIT has a total shareholder equity of BGN133.0M and total debt of BGN30.8M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are BGN166.2M and BGN33.2M respectively. Bulgarian Real Estate Fund REIT's EBIT is BGN3.7M making its interest coverage ratio 3.9. It has cash and short-term investments of BGN4.2M.
Key information
23.1%
Debt to equity ratio
лв30.77m
Debt
| Interest coverage ratio | 3.9x |
| Cash | лв4.19m |
| Equity | лв133.02m |
| Total liabilities | лв33.17m |
| Total assets | лв166.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BREF's short term assets (BGN5.5M) do not cover its short term liabilities (BGN7.0M).
Long Term Liabilities: BREF's short term assets (BGN5.5M) do not cover its long term liabilities (BGN26.2M).
Debt to Equity History and Analysis
Debt Level: BREF's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: BREF's debt to equity ratio has increased from 8.6% to 23.1% over the past 5 years.
Debt Coverage: BREF's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: BREF's interest payments on its debt are well covered by EBIT (3.9x coverage).