What is Silver Bay Realty Trust Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silver Bay Realty Trust's interest expense for the
three
months ended in Dec. 2016 was $ -5.8 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-22.4 Mil.
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. Silver Bay Realty Trust's Operating Income for the
three
months ended in Dec. 2016 was $ -2.2 Mil. Silver Bay Realty Trust's Interest Expense for the
three
months ended in Dec. 2016 was $ -5.8 Mil.
Silver Bay Realty Trust did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Silver Bay Realty Trust Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.4 Mil.
* 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.
Silver Bay Realty Trust (NYSE:SBY) Interest Expense Explanation
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. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Silver Bay Realty Trust's Interest Expense for the
three
months ended in Dec. 2016 was $-5.8 Mil. Its
Operating Income
for the
three
months ended in Dec. 2016 was $-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2016 was $649.6 Mil.
Silver Bay Realty Trust's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as
| Silver Bay Realty Trust did not have earnings to cover the 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.
The higher the ratio, the stronger the company's financial strength is.
Silver Bay Realty Trust (Silver Bay Realty Trust) Business Description
Traded in Other Exchanges
N/A
Address
Silver Bay Realty Trust Corp was incorporated in Maryland in June 2012. The Company is engaged in acquisition, renovation, leasing, and management of single-family properties in select markets in the United States. As of December 31, 2013, the company owned 5,642 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, and Texas, excluding properties held for sale. The Company conducts its business and owns all of its properties through Silver Bay Operating Partnership L.P., or the Operating Partnership, a Delaware limited partnership. acquire single-family properties through a variety of acquisition channels, including brokers, multiple listing services, short sales, foreclosure auctions, online auctions, and bulk purchases from institutions or investor groups. The Company face competition from individual investors, private pools of capital and other institutional buyers which may increase the prices for properties that they would like to purchase and reduce its ability to achieve its desired portfolio size or expected yields. They also compete for desirable residents against the same entities as well as multifamily lessors. The Company's properties are subject to various covenants, laws, and ordinances, and certain of its properties are also subject to the rules of the various homeowners' associations where such properties are located.
Executives
| Tanuja M Dehne |
director |
C/O SILVER BAY REALTY TRUST CORP., 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305 |
| William Reid Sanders |
director |
C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
| Thomas W Brock |
director, officer: Chief Executive Officer |
1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
| Stephen G Kasnet |
director |
1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
| Thomas Siering |
director |
TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
| Daryl J Carter |
director |
CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612 |
| Christine Battist |
officer: Chief Financial Officer |
601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305 |
| Brian Taylor |
director |
C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305 |
| Obrien Timothy W J |
officer: Secretary |
TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 330, MINNETONKA MN 55305 |
| William W Johnson |
director |
TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
| Two Harbors Investment Corp. |
10 percent owner |
1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
| Two Harbors Operating Co Llc |
10 percent owner |
601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
| Pine River Capital Management Llc |
10 percent owner |
601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305 |
Silver Bay Realty Trust (Silver Bay Realty Trust) Headlines
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