Citi Properties REIT Balance Sheet Health
Financial Health criteria checks 4/6
Citi Properties REIT has a total shareholder equity of BGN32.3M and total debt of BGN8.9M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are BGN41.2M and BGN8.9M respectively. Citi Properties REIT's EBIT is BGN1.7M making its interest coverage ratio 3.8. It has cash and short-term investments of BGN24.8M.
Key information
27.6%
Debt to equity ratio
лв8.92m
Debt
| Interest coverage ratio | 3.8x |
| Cash | лв24.80m |
| Equity | лв32.25m |
| Total liabilities | лв8.94m |
| Total assets | лв41.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CITP's short term assets (BGN28.8M) exceed its short term liabilities (BGN852.0K).
Long Term Liabilities: CITP's short term assets (BGN28.8M) exceed its long term liabilities (BGN8.1M).
Debt to Equity History and Analysis
Debt Level: CITP has more cash than its total debt.
Reducing Debt: CITP's debt to equity ratio has increased from 0% to 27.6% 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 (3.8x coverage).