Black Sea Property AS (OSL:BSP) Liabilities-to-Assets : 0.85 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:BSP Black Sea Property AS OSL:BSP
15 GF Score
Price kr3.30
GF Value kr7.96
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Black Sea Property AS Liabilities-to-Assets?

Black Sea Property AS OSL:BSP +32.00% 15 Liabilities-to-Assets is 0.85 as of Dec. 2025. GuruFocus rates OSL:BSP with a GF Score™ of 15/100 and a GF Value™ of kr7.96 (Possible Value Trap). The stock has 7 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Black Sea Property AS's Total Liabilities for the quarter that ended in Dec. 2025 was kr236.77 Mil. Black Sea Property AS's Total Assets for the quarter that ended in Dec. 2025 was kr279.55 Mil. Therefore, Black Sea Property AS's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.85.


Black Sea Property AS  (OSL:BSP) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Black Sea Property AS Liabilities-to-Assets Related Terms


Black Sea Property AS Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Black Sea Property AS's Liabilities-to-Assets 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.

Black Sea Property AS Liabilities-to-Assets Chart

Black Sea Property AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.46 0.53 0.59 0.85

Black Sea Property AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Liabilities-to-Assets 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 0.53 0.61 0.59 0.57 0.85

OSL:BSP vs MAR, HLT, H: Liabilities-to-Assets Comparison

For the Lodging subindustry, Black Sea Property AS's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Black Sea Property AS Liabilities-to-Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Black Sea Property AS's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Black Sea Property AS's Liabilities-to-Assets falls into.


OSL:BSP
15GF Score
Black Sea Property AS OSL:BSP
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Sea Property AS Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Black Sea Property AS's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=236.772/279.55
=0.85

Black Sea Property AS's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=236.772/279.55
=0.85

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.85 mean?
Black Sea Property AS (OSL:BSP) has a Liabilities-to-Assets of 0.85 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Black Sea Property AS and its competitors.
Is Black Sea Property AS's Liabilities-to-Assets too high?
Black Sea Property AS's current Liabilities-to-Assets is 0.85. Overall, Black Sea Property AS has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Sea Property AS's Liabilities-to-Assets compare to MAR and HLT?
Black Sea Property AS's Liabilities-to-Assets of 0.85 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Travel & Leisure company?
A good Liabilities-to-Assets depends on the Travel & Leisure industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Black Sea Property AS and its competitors. Black Sea Property AS's current Liabilities-to-Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Sea Property AS stock overvalued right now?
Based on GuruFocus' analysis, Black Sea Property AS (OSL:BSP) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.96, compared to a current price of kr3.30 — trading 58.5% below its estimated fair value. The current Liabilities-to-Assets is 0.85. Black Sea Property AS's overall GF Score™ is 15/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Black Sea Property AS (OSL:BSP), the current Liabilities-to-Assets is 0.85 as of Dec. 2025. 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 Black Sea Property AS (OSL:BSP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Sea Property AS stock appears to be undervalued. The current stock price of kr3.30 is trading 58.5% below its estimated GF Value™ of kr7.96. GuruFocus considers Black Sea Property AS to be Possible Value Trap.

Key valuation signals for OSL:BSP:

  • Liabilities-to-Assets: 0.85
  • GF Value™: kr7.96 vs. price of kr3.30 (58.5% below fair value)
  • GF Score™: 15/100 with 7 warning signs

No single metric tells the full story. See the OSL:BSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Black Sea Property AS Business Description

Address Sagveien 23 A, Box 46 Torshov, Oslo, NOR, 0459
Black Sea Property AS is engaged in the lodging business.
15GF Score

Get the complete analysis for OSL:BSP

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr3.30
Price
kr7.96
GF Value