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Voltari (Voltari) Interest Coverage : 0 (At Loss) (As of Jun. 2019)


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What is Voltari 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. Voltari's Operating Income for the three months ended in Jun. 2019 was $-0.10 Mil. Voltari's Interest Expense for the three months ended in Jun. 2019 was $-0.21 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 Voltari's Interest Coverage or its related term are showing as below:


VLTC's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.955
* 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.


Voltari Interest Coverage Historical Data

The historical data trend for Voltari'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.

Voltari Interest Coverage Chart

Voltari Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - - - -

Voltari Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 Voltari's Interest Coverage

For the Real Estate - Development subindustry, Voltari'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.


Voltari's Interest Coverage Distribution in the Real Estate Industry

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

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



Voltari 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.

Voltari's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Voltari's Interest Expense was $-0.67 Mil. Its Operating Income was $-0.95 Mil. And its Long-Term Debt & Capital Lease Obligation was $23.00 Mil.

Voltari did not have earnings to cover the interest expense.

Voltari's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Voltari's Interest Expense was $-0.21 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $23.00 Mil.

Voltari 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.


Voltari  (OTCPK:VLTC) 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 .


Voltari Interest Coverage Related Terms

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


Voltari (Voltari) Business Description

Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, Suite 4700, New York, NY, USA, 10153
Voltari Corp is a US-based company which is in the business of acquiring, financing and leasing commercial real properties. The company owns two commercial real properties in Long Branch, New Jersey and in Flanders, New York. It leases its property to JPMorgan Chase Bank, N.A, and 7-Eleven Corporation. The company operates through the single segment being the Acquiring, financing, and leasing commercial real estate properties. The company derives its revenue from the rental income received through the leasing agreements.
Executives
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Nathan Yu-gai Fong officer: Chief Financial Officer THE ORCHARD ENTERPRISES, INC., 23 E. 4TH ST., 3RD FL., NEW YORK NY 10003
Jaffrey Adam Firestone director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Richard Jr Leigh officer: SVP, Gen Counsel & Corp Sec 601 108TH AVE. NORTHEAST, SUITE 800, BELLEVUE WA 98004
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
John Drew 10 percent owner, other: May be part of 13(d) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Jay C Hoag 10 percent owner, other: May be part of 13(d) group 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Tcv Member Fund L P 10 percent owner, other: May be part of 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Technology Crossover Management V Llc 10 percent owner, other: May be part of 13(d) group C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Tcv V Lp 10 percent owner, other: May be part of 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Reynolds Jon Q Jr 10 percent owner, other: May be part of 13(d) group 250 MIDDLEFIELD RD, MENLO PARK CA 94025
William Griffith 10 percent owner, other: May be part of 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301