Citi Properties REIT Balance Sheet Health
Financial Health criteria checks 1/6
Citi Properties REIT has a total shareholder equity of BGN3.2M and total debt of BGN8.9M, which brings its debt-to-equity ratio to 280.5%. Its total assets and total liabilities are BGN12.2M and BGN9.1M respectively. Citi Properties REIT's EBIT is BGN1.2M making its interest coverage ratio 5. It has cash and short-term investments of BGN30.0K.
Key information
280.5%
Debt to equity ratio
лв8.90m
Debt
Interest coverage ratio | 5x |
Cash | лв30.00k |
Equity | лв3.17m |
Total liabilities | лв9.06m |
Total assets | лв12.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITP's short term assets (BGN5.0K) do not cover its short term liabilities (BGN754.0K).
Long Term Liabilities: CITP's short term assets (BGN5.0K) do not cover its long term liabilities (BGN8.3M).
Debt to Equity History and Analysis
Debt Level: CITP's net debt to equity ratio (279.5%) is considered high.
Reducing Debt: CITP's debt to equity ratio has increased from 0% to 280.5% over the past 5 years.
Debt Coverage: CITP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CITP's interest payments on its debt are well covered by EBIT (5x coverage).