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. 2026 was €0.98 Mil. Bulgarian Real Estate Fund REIT's Interest Expense for the
three
months ended in Mar. 2026 was €-0.06 Mil.
Bulgarian Real Estate Fund REIT's interest coverage for the quarter that ended in Mar. 2026 was 16.93.
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: 3.72 Med: 14.28 Max: 28.67
Current: 17.15
XBUL:BREF's Interest Coverage is ranked better than 82.71% of 700
companies
in the REITs industry
Industry Median: 3.095
vs XBUL:BREF: 17.15
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
Bulgarian Real Estate Fund REIT 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.
Bulgarian Real Estate Fund REIT Interest Coverage Chart
XBUL:BREF vs VICI, WPC: Interest Coverage Comparison
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 Interest Coverage vs 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:
* 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.
Bulgarian Real Estate Fund REIT (XBUL:BREF) has a Interest Coverage of 16.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bulgarian Real Estate Fund REIT and its competitors. This is 19% above median its historical median of 14.28. Over the past decade, Bulgarian Real Estate Fund REIT's Interest Coverage has ranged from 3.72 to 28.67. According to the industry distribution chart, Bulgarian Real Estate Fund REIT ranks #121 out of 700 companies in the REITs industry, placing it in the top 17.3%.
Is Bulgarian Real Estate Fund REIT's Interest Coverage too high?
Bulgarian Real Estate Fund REIT's current Interest Coverage of 16.93 is 19% above median its 10-year median of 14.28. Over the past 10 years, this metric has ranged from a low of 3.72 to a high of 28.67. The REITs industry median Interest Coverage is 3.10. Bulgarian Real Estate Fund REIT's value of 16.93 is 447% above this industry median. Based on the distribution chart, Bulgarian Real Estate Fund REIT ranks #121 out of 700 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, Bulgarian Real Estate Fund REIT ranks #121 out of 700 companies for Interest Coverage. This places Bulgarian Real Estate Fund REIT in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.10. Bulgarian Real Estate Fund REIT's value of 16.93 is 447% above this benchmark. Historically, Bulgarian Real Estate Fund REIT's own Interest Coverage has ranged from 3.72 to 28.67 over the past decade. While the company's 10-year median is 14.28 vs. the industry median of 3.10, Bulgarian Real Estate Fund REIT has consistently been above 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 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. Bulgarian Real Estate Fund REIT's current Interest Coverage of 16.93 is 447% above 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 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 Bulgarian Real Estate Fund REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Real Estate Fund REIT's current Interest Coverage is 16.93, which is 19% above median its own 10-year median of 14.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT (XBUL:BREF) is currently considered Possible Value Trap. The stock's GF Value™ is €15.70, compared to a current price of €2.74 — trading 82.5% below its estimated fair value. The current Interest Coverage is 16.93, which is 19% above median its 10-year median of 14.28 and 447% above the REITs industry median of 3.10. Bulgarian Real Estate Fund REIT's overall GF Score™ is 71/100 with 5 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 Bulgarian Real Estate Fund REIT (XBUL:BREF), the current Interest Coverage is 16.93 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 Bulgarian Real Estate Fund REIT (XBUL:BREF) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued.
The current stock price of €2.74 is trading 82.5% below its estimated GF Value™ of €15.70.
GuruFocus considers Bulgarian Real Estate Fund REIT to be Possible Value Trap.
Key valuation signals for XBUL:BREF:
Interest Coverage: 16.93 (19% above median its 10-year median of 14.28)
GF Value™: €15.70 vs. price of €2.74 (82.5% below fair value)
Industry Position: 447% above the REITs median (#121 of 700)
No single metric tells the full story. See the XBUL:BREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Real Estate Fund REIT Business Description
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of 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 for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
71GF Score
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