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Strategic Realty Trust (Strategic Realty Trust) Interest Coverage : N/A (As of Mar. 2024)


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What is Strategic Realty Trust Interest Coverage?

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. Strategic Realty Trust's Operating Income for the three months ended in Mar. 2024 was $0.00 Mil. Strategic Realty Trust's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Strategic Realty Trust's Interest Coverage or its related term are showing as below:


SGIC's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.945
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Strategic Realty Trust Interest Coverage Historical Data

The historical data trend for Strategic Realty Trust's Interest Coverage 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.

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.

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Strategic Realty Trust Interest Coverage Chart

Strategic Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial 1.10 - - - -

Strategic Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Interest Coverage 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 - - - No Debt N/A

Competitive Comparison of Strategic Realty Trust's Interest Coverage

For the REIT - Retail subindustry, Strategic Realty Trust'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.


Strategic Realty Trust's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Strategic Realty Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Strategic Realty Trust's Interest Coverage falls into.



Strategic Realty Trust 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Strategic Realty Trust's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Strategic Realty Trust's Interest Expense was $-1.70 Mil. Its Operating Income was $-1.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $18.11 Mil.

Strategic Realty Trust did not have earnings to cover the interest expense.

Strategic Realty Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Strategic Realty Trust's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $18.00 Mil.

GuruFocus does not calculate Strategic Realty Trust's interest coverage with the available 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.

The higher the ratio, the stronger the company's Financial Strength is.


Strategic Realty Trust  (OTCPK:SGIC) 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 .


Strategic Realty Trust Interest Coverage Related Terms

Thank you for viewing the detailed overview of Strategic Realty Trust's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Strategic Realty Trust (Strategic Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
550 W Adams S, Suite 200, Chicago, IL, USA, 60661
Strategic Realty Trust Inc is a real estate investment trust that invests and manages a portfolio of income-producing retail properties in the United States, real estate-owning entities, and real estate-related assets.
Executives
Domenic Lanni officer: Chief Operating Officer 550 WEST ADAMS STREET, SUITE 200, CHICAGO IL 60661
Ryan M. Hess officer: Chief Financial Officer 550 WEST ADAMS STREET, SUITE 200, CHICAGO IL 60661
Matthew D Schreiber officer: COO, SVP & Assistant Secretary 550 WEST ADAMS STREET, SUITE 200, CHICAGO IL 60661
Julia Kholodenko officer: Chief Accounting Officer 66 BOVET ROAD, SUITE 100, SAN MATEO CA 94402
Mark Bradley Kettmann officer: Chief Financial Officer 66 BOVET ROAD, SUITE 100, SAN MATEO CA 94402
Todd Allan Spitzer director 7420 MORNINGLORY WAY, ORANGE CA 92869
Terri Garnick officer: Chief Financial Officer 400 SOUTH EL CAMINO REAL, SAN MATEO CA 94402-1708
Andrew Batinovich director, officer: CEO and CFO 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Maier John B Ii director 4695 MACARTHUR COURT, SUITE 1100, NEWPORT BEACH CA 92660
Dee R Balch director 1900 MAIN STREET, SUITE 700, IRVINE CA 92614
Peter K Kompaniez director 26 EXECUTIVE PARK, SUITE 125, IRVINE CA 92614
Jeffrey S. Rogers director 1900 MAIN STREET, SUITE 700, IRVINE CA 92614
Anthony W Thompson director, officer: COB and CEO C/O THOMPSON FAMILY OFFICE, 1901 MAIN STREET, SUITE 108, IRVINE CA 92614
Jack R Maurer director, officer: Vice Chairman and President 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
James R. Wolford officer: CFO, Treasurer & Secretary 233 WILSHIRE BLVD., SUITE 310, SANTA MONICA CA 90401

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