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Roadrunner Transportation Systems (Roadrunner Transportation Systems) Interest Coverage : 0 (At Loss) (As of Dec. 2019)


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What is Roadrunner Transportation Systems 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. Roadrunner Transportation Systems's Operating Income for the three months ended in Dec. 2019 was $-52 Mil. Roadrunner Transportation Systems's Interest Expense for the three months ended in Dec. 2019 was $-6 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 Roadrunner Transportation Systems's Interest Coverage or its related term are showing as below:


RRTS's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.6
* 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.


Roadrunner Transportation Systems Interest Coverage Historical Data

The historical data trend for Roadrunner Transportation Systems'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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Roadrunner Transportation Systems Interest Coverage Chart

Roadrunner Transportation Systems Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
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Roadrunner Transportation Systems Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 Roadrunner Transportation Systems's Interest Coverage

For the Trucking subindustry, Roadrunner Transportation Systems'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.


Roadrunner Transportation Systems's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Roadrunner Transportation Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Roadrunner Transportation Systems's Interest Coverage falls into.



Roadrunner Transportation Systems 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.

Roadrunner Transportation Systems's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Roadrunner Transportation Systems's Interest Expense was $-20 Mil. Its Operating Income was $-141 Mil. And its Long-Term Debt & Capital Lease Obligation was $338 Mil.

Roadrunner Transportation Systems did not have earnings to cover the interest expense.

Roadrunner Transportation Systems's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Here, for the three months ended in Dec. 2019, Roadrunner Transportation Systems's Interest Expense was $-6 Mil. Its Operating Income was $-52 Mil. And its Long-Term Debt & Capital Lease Obligation was $338 Mil.

Roadrunner Transportation Systems 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.


Roadrunner Transportation Systems  (OTCPK:RRTS) 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 .


Roadrunner Transportation Systems Interest Coverage Related Terms

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


Roadrunner Transportation Systems (Roadrunner Transportation Systems) Business Description

Traded in Other Exchanges
N/A
Address
1431 Opus Place, Suite 530, Downers Grove, IL, USA, 60515
Roadrunner Transportation Systems Inc has operations in the United States. Its services involve the pickup, consolidation, linehaul, deconsolidation, and delivery of LTL shipments. The Company's revenues are derived from providing less than truckload transportation services domestically.
Executives
Peter A Nicholson officer: See Remarks C/O RC2 CORPORATION 1111 WEST 22ND STREET, SUITE 320 OAK BROOK IL 60523
Douglas James Smith officer: See Remarks 1431 OPUS PLACE SUITE 530 DOWNERS GROVE IL 60515
William Goodgion officer: See Remarks 4900 S. PENNSYLVANIA AVENUE CUDAHY WI 53110
Frank L Hurst officer: President - Roadrunner Freight 1431 OPUS PLACE, SUITE 530 DOWNERS GROVE IL 60515
Thomas D. Stenglein officer: See Remarks 1431 OPUS PLACE SUITE 530 DOWNERS GROVE IL 60515
Micah L Holst officer: See Remarks 1431 OPUS PLACE SUITE 530 DOWNERS GROVE IL 60515
Christopher M Cook officer: See Remarks 1431 OPUS PLACE SUITE 530 DOWNERS GROVE IL 60515
Michael K. Rapken officer: Chief Information Officer 1431 OPUS PLACE SUITE 530 DOWNERS GROVE IL 60515
Curtis W Stoelting director, officer: Chief Executive Officer C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Patrick J Unzicker officer: See Remarks 3005 HIGHLAND PARKWAY, DOWNERS GROVE IL 60515
Robert M. Milane officer: See Remarks 1431 OPUS PLACE, SUITE 530 DOWNERS GROVE IL 60515
Elliott Investment Management L.p. 10 percent owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH FL 33401
Elliott International, L.p. 10 percent owner C/O MAPLES & CALDER, P.O. BOX 309, UGLAND HOUSE, SOUTH CHURCH STREET, GEORGE TOWN E9 00000
Dennis P. Mathews officer: Controller 1431 OPUS PLACE SUITE 530 DOWNERS GROVE IL 60515
Michael L Gettle director, officer: See Remarks 4900 S. PENNSYLVANIA AVENUE CUDAHY WI 53110