Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Balkan and Sea Properties Reit-Varna's
Operating Income
for the
three
months ended in Mar. 2026 was лв-0.06 Mil. Balkan and Sea Properties Reit-Varna's Interest Expense for the
three
months ended in Mar. 2026 was лв-0.33 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Balkan and Sea Properties Reit-Varnas earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
Balkan and Sea Properties Reit-Varna (LTS:0HZU) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Balkan and Sea Properties Reit-Varna Interest Coverage Related Terms
Balkan and Sea Properties Reit-Varna Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Balkan and Sea Properties Reit-Varna Interest Coverage Chart
LTS:0HZU vs VICI, WPC: Interest Coverage Comparison
For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry
Balkan and Sea Properties Reit-Varna Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Balkan and Sea Properties Reit-Varna did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Balkan and Sea Properties Reit-Varna (LTS:0HZU) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. Over the past decade, Balkan and Sea Properties Reit-Varna's Interest Coverage has ranged from 0.25 to 1.47. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #684 out of 698 companies in the REITs industry, placing it in the top 98%.
Is Balkan and Sea Properties Reit-Varna's Interest Coverage too high?
Balkan and Sea Properties Reit-Varna's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.47. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #684 out of 698 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 53/100, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #684 out of 698 companies for Interest Coverage. This places Balkan and Sea Properties Reit-Varna in the lower half of its industry. The industry median Interest Coverage is 3.13. Historically, Balkan and Sea Properties Reit-Varna's own Interest Coverage has ranged from 0.25 to 1.47 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.13, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. For the REITs industry, the median Interest Coverage is 3.13 — 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 Interest Coverage is 0 (At Loss). 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 (LTS:0HZU) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is лв195.33, compared to a current price of лв17.00 — trading 91.3% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Balkan and Sea Properties Reit-Varna's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (LTS:0HZU), the current Interest Coverage is 0 (At Loss) 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.
Is Balkan and Sea Properties Reit-Varna (LTS:0HZU) Overvalued in 2026?
Based on GuruFocus' analysis, Balkan and Sea Properties Reit-Varna stock appears to be undervalued.
The current stock price of лв17.00 is trading 91.3% below its estimated GF Value™ of лв195.33.
Key valuation signals for LTS:0HZU:
Interest Coverage: 0 (At Loss)
GF Value™: лв195.33 vs. price of лв17.00 (91.3% below fair value)
No single metric tells the full story. See the LTS:0HZU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balkan and Sea Properties Reit-Varna Business Description
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