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.