Super Borovets Property Fund ADSITS

Super Borovets Property Fund ADSITS exhibits a liquidity risk with a current ratio of 0.86, indicating that its current liabilities exceed its current assets. The company's liquidity position is further constrained by a negative free cash flow of -731,000 BGN, despite a positive operating cash flow of 6,638,000 BGN. This suggests that capital expenditures or other investments are consuming a significant portion of operating cash.

Profitability metrics are negative, with a return on equity of -1.57% and a return on assets of -0.86%. These figures are below the typical performance of the Diversified REITs industry, which generally expects positive returns due to stable rental income and asset appreciation. The company's operating and net losses of -393,000 BGN and -733,000 BGN, respectively, further underscore its unprofitable operations.

The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess revenue concentration or diversification. However, the total assets of 85,044,000 BGN and total liabilities of 38,460,000 BGN suggest a moderate level of leverage, with a debt-to-equity ratio of 0.57.

Looking ahead, the company's growth trajectory is uncertain. The available data does not provide specific outlook figures for the current or next fiscal year, but the negative net income and operating losses indicate a challenging operating environment. The company may need to address its liquidity and profitability issues to sustain operations and growth.

Risk factors include a medium liquidity risk and a low dilution risk. The company's net cash is negative after subtracting total debt, which could limit its ability to fund operations or investments without external financing. There is no indication of dilution pressure in the near term, as shares outstanding remain unchanged between basic and diluted counts.

Recent events or filings are not detailed in the available data, so it is unclear whether there have been any significant developments affecting the company's operations or financial position.

Revenue surged 143.4% year-over-year to 12.65 million BGN, demonstrating significant top-line growth momentum.

Net income expanded dramatically by 25,516.7% year-over-year, reaching 1.54 million BGN in the latest period.

Free cash flow increased by 12,933.3% year-over-year to 1.56 million BGN, indicating improved cash generation.

Long-term debt decreased to 19.14 million BGN, reflecting a reduction in leverage compared to prior periods.

The fund exhibits a low dilution risk level, suggesting limited threat to existing shareholder equity value.

Net margin stands at -6.6%, placing the fund in the bottom quartile among 70 diversified REITs.

The fund carries a high credit risk flag, indicating significant potential for default or financial distress.

Operating margin is -3.54%, significantly underperforming the cohort median of 0.42% for diversified REITs.

Cash conversion is -9.06%, falling into the bottom quartile compared to the peer median of 0.82.