Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2012)

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What is Capital Realty III Investors Partnership 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. Capital Realty III Investors Partnership's Operating Income for the six months ended in Dec. 2012 was $3.16 Mil. Capital Realty III Investors Partnership's Interest Expense for the six months ended in Dec. 2012 was $0.00 Mil. Capital Realty III Investors Partnership has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Capital Realty III Investors Partnership's Interest Coverage or its related term are showing as below:

XXGGD's Interest Coverage is not ranked ^*
in the Real Estate industry.
Industry Median: 4.06
* 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.

Capital Realty III Investors Partnership Interest Coverage Historical Data

The historical data trend for Capital Realty III Investors Partnership'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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Capital Realty III Investors Partnership Interest Coverage Chart

Capital Realty III Investors Partnership Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Interest Coverage

No Debt

Capital Realty III Investors Partnership Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12
Interest Coverage	No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Capital Realty III Investors Partnership's Interest Coverage

For the Real Estate Services subindustry, Capital Realty III Investors Partnership'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.

Capital Realty III Investors Partnership's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Capital Realty III Investors Partnership's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Capital Realty III Investors Partnership's Interest Coverage falls into.

Capital Realty III Investors Partnership 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.

Capital Realty III Investors Partnership's Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Capital Realty III Investors Partnership's Interest Expense was $0.00 Mil. Its Operating Income was $3.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Capital Realty III Investors Partnership had no debt ⁽¹⁾.

Capital Realty III Investors Partnership's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

Here, for the six months ended in Dec. 2012, Capital Realty III Investors Partnership's Interest Expense was $0.00 Mil. Its Operating Income was $3.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Capital Realty III Investors Partnership had no debt ⁽¹⁾.

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

Capital Realty III Investors Partnership (OTCPK:XXGGD) 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 .

Capital Realty III Investors Partnership Interest Coverage Related Terms

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

Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Capital Realty III Investors Ltd Partnership (OTCPK:XXGGD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.crillc.com

Capital Realty III Investors Ltd Partnership is a limited partnership which was formed under the Maryland Revised Uniform Limited Partnership Act on June 27, 1983. The General Partners of the Partnership are C.R.I., Inc. ('CRI'), which is the Managing General Partner and current and former shareholders of CRI. The Partnership was formed to invest in real estate, which is the Partnership's principal business activity, by acquiring and holding limited partner interests in limited partnerships ('Local Partnerships'). As a result of its investment in the Local Partnerships, the Partnership became the principal limited partner in 31 Local Partnerships. In another six Local Partnerships, the Partnership invested as a limited partner in intermediary partnerships which, in turn, invested as general partners in the Local Partnerships.

Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Headlines

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Capital Realty III Investors Partnership (Capital Realty III Investors Partnership) Interest Coverage : No Debt (1) (As of Dec. 2012)