Black Sea Property (AQSE:BSP) LT-Debt-to-Total-Asset : 0.34 (As of Jun. 2023)

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What is Black Sea Property LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Black Sea Property's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.34.

Black Sea Property's long-term debt to total assets ratio increased from Jun. 2022 (0.31) to Jun. 2023 (0.34). It may suggest that Black Sea Property is progressively becoming more dependent on debt to grow their business.

Black Sea Property LT-Debt-to-Total-Asset Historical Data

The historical data trend for Black Sea Property's LT-Debt-to-Total-Asset 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.

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Black Sea Property LT-Debt-to-Total-Asset Chart

Black Sea Property Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.52

0.23

0.19

0.33

Black Sea Property Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.19	0.33	0.31	0.33	0.34

Black Sea Property LT-Debt-to-Total-Asset Calculation

Black Sea Property's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	18.185	/	55.056
	=	0.33

Black Sea Property's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	18.161	/	53.348
	=	0.34

Black Sea Property (AQSE:BSP) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Black Sea Property LT-Debt-to-Total-Asset Related Terms

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Black Sea Property (AQSE:BSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Black Sea Property PLC (AQSE:BSP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Victory House, Prospect Hill, 6th Floor, Douglas, IMN, IM1 1EQ

Website

https://www.blackseapropertyplc.com

Black Sea Property PLC is a real estate company focused on investments in Bulgaria. It seeks to generate capital gains through development, financing and sale of property in Bulgaria, including the prime areas of Bulgaria's Black Sea coast, the ski resorts and the capital, Sofia. The Board is seeking to create a diverse portfolio of opportunistic and value-added Bulgarian real estate assets, including development land, partially completed construction projects and completed buildings.

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