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RealNetworks (RealNetworks) Interest Coverage : 0 (At Loss) (As of Sep. 2022)


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What is RealNetworks 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. RealNetworks's Operating Income for the three months ended in Sep. 2022 was $-6.70 Mil. RealNetworks's Interest Expense for the three months ended in Sep. 2022 was $-0.00 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 RealNetworks's Interest Coverage or its related term are showing as below:


RNWK's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.9
* 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.


RealNetworks Interest Coverage Historical Data

The historical data trend for RealNetworks'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.

* Premium members only.

RealNetworks Interest Coverage Chart

RealNetworks Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt N/A - -

RealNetworks Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of RealNetworks's Interest Coverage

For the Software - Application subindustry, RealNetworks'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.


RealNetworks's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, RealNetworks's Interest Coverage distribution charts can be found below:

* The bar in red indicates where RealNetworks's Interest Coverage falls into.



RealNetworks 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.

RealNetworks's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, RealNetworks's Interest Expense was $-0.17 Mil. Its Operating Income was $-18.78 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.30 Mil.

RealNetworks did not have earnings to cover the interest expense.

RealNetworks's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, RealNetworks's Interest Expense was $-0.00 Mil. Its Operating Income was $-6.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.70 Mil.

RealNetworks 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.


RealNetworks  (NAS:RNWK) 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 .


RealNetworks Interest Coverage Related Terms

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


RealNetworks (RealNetworks) Business Description

Traded in Other Exchanges
N/A
Address
1501 First Avenue South, Suite 600, Seattle, WA, USA, 98134
RealNetworks Inc creates a new generation of products that employ artificial intelligence and machine learning to enhance and secure daily lives. Real's portfolio includes SAFR, the computer vision platform for live video; KONTXT, an NLP (Natural Language Processing) platform for text and multi-media analysis; and leveraging its digital media expertise, a mobile games business focused on the large free-to-play segment.
Executives
Brian Mccain officer: CFO 1501 1ST AVENUE S, STE 600, SEATTLE WA 98134
Caldwell Mill Opportunity Fund, Llc 10 percent owner 2609 CALDWELL MILL LANE, BIRMINGHAM AL 35243
Satterfield Thomas A Jr 10 percent owner 2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
A. G. Family L.p. 10 percent owner 571 MCDONALD ROAD, ROCKWALL TX 75032
Tomsat Investment & Trading Co., Inc. 10 percent owner 15 COLLEY COVE DRIVE, GULF BREEZE FL 32561
Rebecca S Satterfield 10 percent owner 15 COLLEY COVE DRIVE, GULF BREEZE FL 32561
Michael A Cooley officer: President, Messaging 1501 1ST AVENUE S, STE. 600, SEATTLE WA 98134
Christine Chambers officer: CFO 1501 1ST AVENUE SOUTH, STE. 600, SEATTLE WA 98134
Judd Lee officer: Chief Financial Officer 1501 1ST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Michael Ensing officer: Interim CFO 1501 1ST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Erik Prusch director C/O CLEARWIRE CORPORATION, 4400 CARILLON POINT, KIRKLAND WA 98033
Michael Parham officer: SVP General Counsel 2601 ELLIOTT AVE, SEATTLE WA 98121
Massimiliano Pellegrini officer: Pres, Mobile Entertainment C/O REALNETWORKS, INC., 2601 ELLIOTT AVE., SEATTLE WA 98121
Robert Glaser director, 10 percent owner, officer: Chairman and CEO 1111 THIRD AVENUE, SUITE 2900, SEATLE WA 98101
Cary Baker officer: SVP, CFO & Treasurer 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134