Black Sea Property Balance Sheet Health
Financial Health criteria checks 1/6
Black Sea Property has a total shareholder equity of NOK148.4M and total debt of NOK77.9M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are NOK318.0M and NOK169.5M respectively.
Key information
52.5%
Debt to equity ratio
NOK 77.95m
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | NOK 148.44m |
| Total liabilities | NOK 169.54m |
| Total assets | NOK 317.99m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BSP's short term assets (NOK5.7M) do not cover its short term liabilities (NOK18.7M).
Long Term Liabilities: BSP's short term assets (NOK5.7M) do not cover its long term liabilities (NOK150.8M).
Debt to Equity History and Analysis
Debt Level: BSP's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: BSP's debt to equity ratio has reduced from 119.4% to 52.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if BSP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BSP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.