Zenith Properties REIT Balance Sheet Health
Financial Health criteria checks 1/6
Zenith Properties REIT has a total shareholder equity of BGN2.0M and total debt of BGN20.7M, which brings its debt-to-equity ratio to 1046.9%. Its total assets and total liabilities are BGN23.8M and BGN21.9M respectively. Zenith Properties REIT's EBIT is BGN387.0K making its interest coverage ratio 1.1. It has cash and short-term investments of BGN250.0K.
Key information
1,046.9%
Debt to equity ratio
лв20.72m
Debt
| Interest coverage ratio | 1.1x |
| Cash | лв250.00k |
| Equity | лв1.98m |
| Total liabilities | лв21.87m |
| Total assets | лв23.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZENP's short term assets (BGN16.5M) exceed its short term liabilities (BGN1.3M).
Long Term Liabilities: ZENP's short term assets (BGN16.5M) do not cover its long term liabilities (BGN20.6M).
Debt to Equity History and Analysis
Debt Level: ZENP's net debt to equity ratio (1034.3%) is considered high.
Reducing Debt: ZENP's debt to equity ratio has increased from 0% to 1046.9% over the past 5 years.
Debt Coverage: ZENP's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: ZENP's interest payments on its debt are not well covered by EBIT (1.1x coverage).