What is Ryland Group Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ryland Group's interest expense for the
three
months ended in Jun. 2015 was € 0 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was €0 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. Ryland Group's Operating Income for the
three
months ended in Jun. 2015 was € 62 Mil. Ryland Group's Interest Expense for the
three
months ended in Jun. 2015 was € 0 Mil.
GuruFocus does not calculate Ryland Group's interest coverage with the available data.
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.
Ryland Group 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 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.
Ryland Group (FRA:RYG) 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.
Ryland Group's Interest Expense for the
three
months ended in Jun. 2015 was €0 Mil. Its
Operating Income
for the
three
months ended in Jun. 2015 was €62 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jun. 2015 was €1,155 Mil.
Ryland Group's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as
| GuruFocus does not calculate Ryland Group'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.
Ryland Group (FRA:RYG) Business Description
Traded in Other Exchanges
N/A
Address
Ryland Group Inc is a Maryland corporation, which was founded in 1967. It is a homebuilder and a mortgage-finance company. The Company consists of six operating business segments namely four geographically determined homebuilding regions; financial services; and corporate. The Company's homebuilding operations consist of four regional reporting segments namely North, Southeast, Texas and West. The homebuilding segments specialize in the sale and construction of single-family attached and detached housing. Its operations in each of its homebuilding markets might differ due to a number of market-specific factors. These factors include regional economic conditions and job growth; land availability and local land development; consumer preferences; competition from other homebuilders; and home resale activity. The Company's financial services segment includes RMC, RH Insurance Company, Inc. or RHIC, LPS Holdings Corporation and its subsidiaries and Columbia National Risk Retention Group, Inc. or CNRRG. Corporate is a non-operating business segment whose purpose is to support operations. Corporate is responsible for establishing operational policies and internal control standards; implementing strategic initiatives; and monitoring compliance with policies and controls throughout the Company's operations. Corporate acts as an internal source of capital and provides financial, human resource, information technology, insurance, legal, marketing, national purchasing and tax compliance services. In addition, it performs administrative functions associated with a publicly traded entity. Ryland Insurance Services or RIS, a wholly-owned subsidiary of RMC, provides insurance services to the Company's homebuyers. As single-family on-site homebuilders in the United States, it operates in 17 states. The Company's homebuilding segments are subject to a number of local, state and federal laws, statutes, ordinances, rules and regulations concerning zoning, building design, construction, stormwater permitting and discharge and similar matters, as well as open space, wetlands and environmentally protected areas.
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