Balkan and Sea Properties Reit-Varna (XBUL:BSP) Debt-to-Equity: 0.60 (As of Jun. 2026) — 28% Below Median

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XBUL:BSP Balkan and Sea Properties Reit-Varna XBUL:BSP
36 GF Score
Price €13.00
! 4 Warning Signs
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What is Balkan and Sea Properties Reit-Varna Debt-to-Equity?

Balkan and Sea Properties Reit-Varna XBUL:BSP 36 Debt-to-Equity is 0.60 as of Jun. 2026, which is 28% below its 10-year median of 0.83. GuruFocus rates XBUL:BSP with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 683 REITs companies, Balkan and Sea Properties Reit-Varna ranks better than 60.03% on this metric.

Balkan and Sea Properties Reit-Varna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €2.65 Mil. Balkan and Sea Properties Reit-Varna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €15.85 Mil. Balkan and Sea Properties Reit-Varna's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €31.12 Mil. Balkan and Sea Properties Reit-Varna's debt to equity for the quarter that ended in Jun. 2026 was 0.59.

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 Balkan and Sea Properties Reit-Varna's Debt-to-Equity or its related term are showing as below:

XBUL:BSP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6   Med: 0.83   Max: 2.17
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Balkan and Sea Properties Reit-Varna was 2.17. The lowest was 0.60. And the median was 0.83.

XBUL:BSP's Debt-to-Equity is ranked better than
60.03% of 683 companies
in the REITs industry
Industry Median: 0.78 vs XBUL:BSP: 0.60

Balkan and Sea Properties Reit-Varna  (XBUL:BSP) 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.


Balkan and Sea Properties Reit-Varna Debt-to-Equity Related Terms


Balkan and Sea Properties Reit-Varna Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna'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.

Balkan and Sea Properties Reit-Varna Debt-to-Equity Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.90 0.88 0.79 0.66

Balkan and Sea Properties Reit-Varna Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.71 0.66 0.66 0.60

XBUL:BSP vs VICI, WPC: Debt-to-Equity Comparison

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna'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.


Balkan and Sea Properties Reit-Varna Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Balkan and Sea Properties Reit-Varna's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's Debt-to-Equity falls into.


XBUL:BSP
36GF Score
Balkan and Sea Properties Reit-Varna XBUL:BSP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Balkan and Sea Properties Reit-Varna Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Balkan and Sea Properties Reit-Varna's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Balkan and Sea Properties Reit-Varna's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.60 mean?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a Debt-to-Equity of 0.60 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. This is 28% below median its historical median of 0.83. Over the past decade, Balkan and Sea Properties Reit-Varna's Debt-to-Equity has ranged from 0.60 to 2.17. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #273 out of 683 companies in the REITs industry, placing it in the top 40%.
Is Balkan and Sea Properties Reit-Varna's Debt-to-Equity too high?
Balkan and Sea Properties Reit-Varna's current Debt-to-Equity of 0.60 is 28% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.17. The REITs industry median Debt-to-Equity is 0.78. Balkan and Sea Properties Reit-Varna's value of 0.60 is 23.1% below this industry median. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #273 out of 683 companies in the REITs industry, which is above the industry midpoint. 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-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #273 out of 683 companies for Debt-to-Equity. This puts Balkan and Sea Properties Reit-Varna in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Balkan and Sea Properties Reit-Varna's value of 0.60 is 23.1% below this benchmark. Historically, Balkan and Sea Properties Reit-Varna's own Debt-to-Equity has ranged from 0.60 to 2.17 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.78, Balkan and Sea Properties Reit-Varna has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balkan and Sea Properties Reit-Varna's current Debt-to-Equity of 0.60 is 23.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — 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-Equity is 0.60, which is 28% below median its own 10-year median of 0.83. 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-Equity of 0.60. The current Debt-to-Equity is 0.60, which is 28% below median its 10-year median of 0.83 and 23.1% below the REITs industry median of 0.78. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (XBUL:BSP), the current Debt-to-Equity is 0.60 as of Jun. 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.

Balkan and Sea Properties Reit-Varna Business Description

Industry Real EstateREITs
Address 14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.
36GF Score

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