Black Sea Property Balance Sheet Health
Financial Health criteria checks 2/6
Black Sea Property has a total shareholder equity of NOK150.8M and total debt of NOK53.7M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are NOK309.5M and NOK158.7M respectively.
Key information
35.6%
Debt to equity ratio
NOK 53.72m
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | NOK 150.78m |
| Total liabilities | NOK 158.69m |
| Total assets | NOK 309.47m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BSP's short term assets (NOK9.5M) do not cover its short term liabilities (NOK21.3M).
Long Term Liabilities: BSP's short term assets (NOK9.5M) do not cover its long term liabilities (NOK137.4M).
Debt to Equity History and Analysis
Debt Level: BSP's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: BSP's debt to equity ratio has reduced from 157.9% to 35.6% 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.