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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
XBUL:BSP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.45 Med: 15.05 Max: 26.22
Current: 14.92
During the past 13 years, the highest Debt-to-EBITDA Ratio of Balkan and Sea Properties Reit-Varna was 26.22. The lowest was 5.45. And the median was 15.05.
XBUL:BSP's Debt-to-EBITDA is ranked worse than 89.86% of 572
companies
in the REITs industry
Industry Median: 6.53
vs XBUL:BSP: 14.92
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Balkan and Sea Properties Reit-Varna Debt-to-EBITDA Related Terms
Balkan and Sea Properties Reit-Varna Debt-to-EBITDA Historical Data
* 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.
Balkan and Sea Properties Reit-Varna Debt-to-EBITDA Chart
For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Balkan and Sea Properties Reit-Varna Debt-to-EBITDA vs REITs Industry
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a Debt-to-EBITDA of -133.07 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Balkan and Sea Properties Reit-Varna. Over the past decade, Balkan and Sea Properties Reit-Varna's Debt-to-EBITDA has ranged from 5.45 to 26.22. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #514 out of 572 companies in the REITs industry, placing it in the top 89.9%.
Is Balkan and Sea Properties Reit-Varna's Debt-to-EBITDA too high?
Balkan and Sea Properties Reit-Varna's current Debt-to-EBITDA is -133.07. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 26.22. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #514 out of 572 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #514 out of 572 companies for Debt-to-EBITDA. This places Balkan and Sea Properties Reit-Varna in the lower half of its industry. The industry median Debt-to-EBITDA is 6.53. Historically, Balkan and Sea Properties Reit-Varna's own Debt-to-EBITDA has ranged from 5.45 to 26.22 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.53, based on 572 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Balkan and Sea Properties Reit-Varna. For the REITs industry, the median Debt-to-EBITDA is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balkan and Sea Properties Reit-Varna's current Debt-to-EBITDA is -133.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkan and Sea Properties Reit-Varna stock overvalued right now?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a current Debt-to-EBITDA of -133.07. The current Debt-to-EBITDA is -133.07. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 36/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (XBUL:BSP), the current Debt-to-EBITDA is -133.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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