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Whiteni Rcajal Socimi (XPAR:MLWRC) Interest Coverage : 0 (At Loss) (As of Dec. 2022)


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What is Whiteni Rcajal Socimi 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. Whiteni Rcajal Socimi's Operating Income for the six months ended in Dec. 2022 was €-1.50 Mil. Whiteni Rcajal Socimi's Interest Expense for the six months ended in Dec. 2022 was €-0.34 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Whiteni Rcajal Socimi's Interest Coverage or its related term are showing as below:


XPAR:MLWRC's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.01
* 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.


Whiteni Rcajal Socimi Interest Coverage Historical Data

The historical data trend for Whiteni Rcajal Socimi'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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Whiteni Rcajal Socimi Interest Coverage Chart

Whiteni Rcajal Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
0.31 - 0.48 0.31 -

Whiteni Rcajal Socimi Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage 0.31 - 0.48 0.31 -

Competitive Comparison of Whiteni Rcajal Socimi's Interest Coverage

For the Real Estate Services subindustry, Whiteni Rcajal Socimi'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.


Whiteni Rcajal Socimi's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Whiteni Rcajal Socimi's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Whiteni Rcajal Socimi's Interest Coverage falls into.



Whiteni Rcajal Socimi 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.

Whiteni Rcajal Socimi'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, Whiteni Rcajal Socimi's Interest Expense was €-0.34 Mil. Its Operating Income was €-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.73 Mil.

Whiteni Rcajal Socimi did not have earnings to cover the interest expense.

Whiteni Rcajal Socimi's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Whiteni Rcajal Socimi's Interest Expense was €-0.34 Mil. Its Operating Income was €-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.73 Mil.

Whiteni Rcajal Socimi 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.


Whiteni Rcajal Socimi  (XPAR:MLWRC) 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 .


Whiteni Rcajal Socimi Interest Coverage Related Terms

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Whiteni Rcajal Socimi (XPAR:MLWRC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Manuel Tovar, 43, Madrid, ESP, 28034
Whiteni Rcajal Socimi SA is engaged in acquisition and management of real estate assets in Spain. The company invests in the real estate market located in Spain, buying, holding and running buildings or any other urban real estate assets. The company focus on its property management portfolio comprising approx 3 offices buildings in Madrid, Spain.

Whiteni Rcajal Socimi (XPAR:MLWRC) Headlines

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