Bulgarian Real Estate Fund REIT (XBUL:BREF) Debt-to-Equity : 0.23 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Bulgarian Real Estate Fund REIT Debt-to-Equity?

Bulgarian Real Estate Fund REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was лв4.65 Mil. Bulgarian Real Estate Fund REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was лв26.49 Mil. Bulgarian Real Estate Fund REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was лв134.36 Mil. Bulgarian Real Estate Fund REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bulgarian Real Estate Fund REIT's Debt-to-Equity or its related term are showing as below:

XBUL:BREF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.3
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Bulgarian Real Estate Fund REIT was 0.30. The lowest was 0.03. And the median was 0.09.

XBUL:BREF's Debt-to-Equity is ranked better than
90.62% of 672 companies
in the REITs industry
Industry Median: 0.78 vs XBUL:BREF: 0.23

Bulgarian Real Estate Fund REIT Debt-to-Equity Historical Data

The historical data trend for Bulgarian Real Estate Fund REIT's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bulgarian Real Estate Fund REIT Debt-to-Equity Chart

Bulgarian Real Estate Fund REIT Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.08

0.06

0.30

0.23

Bulgarian Real Estate Fund REIT Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.30	0.29	0.28	0.27	0.23

Competitive Comparison of Bulgarian Real Estate Fund REIT's Debt-to-Equity

For the REIT - Diversified subindustry, Bulgarian Real Estate Fund REIT's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bulgarian Real Estate Fund REIT's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bulgarian Real Estate Fund REIT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bulgarian Real Estate Fund REIT's Debt-to-Equity falls into.

Bulgarian Real Estate Fund REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bulgarian Real Estate Fund REIT's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.652	+	26.49)	/	134.357
	=	0.23

Bulgarian Real Estate Fund REIT's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.652	+	26.49)	/	134.357
	=	0.23

Bulgarian Real Estate Fund REIT (XBUL:BREF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bulgarian Real Estate Fund REIT Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Bulgarian Real Estate Fund REIT's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Bulgarian Real Estate Fund REIT (XBUL:BREF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bulgarian Real Estate Fund REIT (XBUL:BREF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3A Nikolay Haytov Street, Floor 1, Sofia, BGR, 1113

Website

http://www.brefbg.com

Bulgarian Real Estate Fund REIT operates Bulgarian real estate fund. The fund invests in diversified portfolio of office, retail, industrial, residential, and agricultural real estate. The investment objective of the fund is to provide its shareholders with a combination of current income and long-term appreciation of the common stock value. The fund's rental income is generated from external customers located in Bulgaria. Maximum money of the customers is allotted in the business segment of the fund.

Bulgarian Real Estate Fund REIT (XBUL:BREF) Headlines

No Headlines