GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bulgarian Real Estate Fund REIT (XBUL:BREF) » Definitions » Interest Coverage

Bulgarian Real Estate Fund REIT (XBUL:BREF) Interest Coverage : 8.55 (As of Mar. 2025)


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

What is Bulgarian Real Estate Fund REIT Interest Coverage?

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. Bulgarian Real Estate Fund REIT's Operating Income for the three months ended in Mar. 2025 was лв1.73 Mil. Bulgarian Real Estate Fund REIT's Interest Expense for the three months ended in Mar. 2025 was лв-0.20 Mil. Bulgarian Real Estate Fund REIT's interest coverage for the quarter that ended in Mar. 2025 was 8.55. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bulgarian Real Estate Fund REIT's Interest Coverage or its related term are showing as below:

XBUL:BREF' s Interest Coverage Range Over the Past 10 Years
Min: 2.95   Med: 11.84   Max: 28.68
Current: 6.89


XBUL:BREF's Interest Coverage is ranked better than
70.89% of 711 companies
in the REITs industry
Industry Median: 2.85 vs XBUL:BREF: 6.89

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Bulgarian Real Estate Fund REIT Interest Coverage Historical Data

The historical data trend for Bulgarian Real Estate Fund REIT's Interest Coverage 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.

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.

* Premium members only.

Bulgarian Real Estate Fund REIT Interest Coverage Chart

Bulgarian Real Estate Fund REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.99 18.59 7.78 3.72 6.18

Bulgarian Real Estate Fund REIT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage 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 5.68 6.23 6.65 6.20 8.55

Competitive Comparison of Bulgarian Real Estate Fund REIT's Interest Coverage

For the REIT - Diversified subindustry, Bulgarian Real Estate Fund REIT'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.


Bulgarian Real Estate Fund REIT's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bulgarian Real Estate Fund REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bulgarian Real Estate Fund REIT's Interest Coverage falls into.


;
;

Bulgarian Real Estate Fund REIT 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bulgarian Real Estate Fund REIT's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Bulgarian Real Estate Fund REIT's Interest Expense was лв-0.87 Mil. Its Operating Income was лв5.37 Mil. And its Long-Term Debt & Capital Lease Obligation was лв19.62 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*5.368/-0.869
=6.18

Bulgarian Real Estate Fund REIT's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Bulgarian Real Estate Fund REIT's Interest Expense was лв-0.20 Mil. Its Operating Income was лв1.73 Mil. And its Long-Term Debt & Capital Lease Obligation was лв19.53 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1.728/-0.202
=8.55

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Bulgarian Real Estate Fund REIT  (XBUL:BREF) 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 .


Bulgarian Real Estate Fund REIT Interest Coverage Related Terms

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


Bulgarian Real Estate Fund REIT Business Description

Traded in Other Exchanges
N/A
Address
111 R Tsarigradsko shose Boulevard, Floor 16, Sofia, BGR, 1784
Bulgarian Real Estate Fund REIT operates a Bulgarian real estate fund. The Fund is investing the cash funds raised through securities issuance in real property, securitization of real property through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein to make it available for management, rent, leasing, and sale. Its objective is to achieve capital appreciation using diversified investments in business buildings, residential and other high-class properties, retail premises, and agricultural land on Bulgaria's territory. The fund's rental income is generated from external customers located in Bulgaria.

Bulgarian Real Estate Fund REIT Headlines

No Headlines