Black Sea Property Balance Sheet Health
Financial Health criteria checks 2/6
Black Sea Property has a total shareholder equity of €50.5M and total debt of €43.9M, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are €101.2M and €50.7M respectively.
Key information
86.9%
Debt to equity ratio
€43.88m
Debt
| Interest coverage ratio | n/a |
| Cash | €14.89m |
| Equity | €50.51m |
| Total liabilities | €50.68m |
| Total assets | €101.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XE8's short term assets (€17.5M) do not cover its short term liabilities (€28.9M).
Long Term Liabilities: XE8's short term assets (€17.5M) do not cover its long term liabilities (€21.7M).
Debt to Equity History and Analysis
Debt Level: XE8's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: XE8's debt to equity ratio has reduced from 150.7% to 86.9% over the past 5 years.
Debt Coverage: XE8's debt is well covered by operating cash flow (36.2%).
Interest Coverage: Insufficient data to determine if XE8's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:59 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Black Sea Property Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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