Super Borovets Property Fund REIT Balance Sheet Health
Financial Health criteria checks 3/6
Super Borovets Property Fund REIT has a total shareholder equity of BGN47.4M and total debt of BGN27.0M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are BGN86.1M and BGN38.8M respectively. Super Borovets Property Fund REIT's EBIT is BGN540.0K making its interest coverage ratio 0.4. It has cash and short-term investments of BGN1.7M.
Key information
57.1%
Debt to equity ratio
лв27.04m
Debt
Interest coverage ratio | 0.4x |
Cash | лв1.74m |
Equity | лв47.35m |
Total liabilities | лв38.77m |
Total assets | лв86.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SBPF's short term assets (BGN18.5M) exceed its short term liabilities (BGN18.0M).
Long Term Liabilities: SBPF's short term assets (BGN18.5M) do not cover its long term liabilities (BGN20.8M).
Debt to Equity History and Analysis
Debt Level: SBPF's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: SBPF's debt to equity ratio has reduced from 166.9% to 57.1% over the past 5 years.
Debt Coverage: SBPF's debt is well covered by operating cash flow (51.7%).
Interest Coverage: SBPF's interest payments on its debt are not well covered by EBIT (0.4x coverage).