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CCGPRA.PFD (Campus Crest Communities) Interest Coverage : 0 (At Loss) (As of Sep. 2015)


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What is Campus Crest Communities 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. Campus Crest Communities's Operating Income for the three months ended in Sep. 2015 was $-10.59 Mil. Campus Crest Communities's Interest Expense for the three months ended in Sep. 2015 was $-9.24 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 Campus Crest Communities's Interest Coverage or its related term are showing as below:


CCGPRA.PFD's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.86
* 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.


Campus Crest Communities Interest Coverage Historical Data

The historical data trend for Campus Crest Communities'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.

Campus Crest Communities Interest Coverage Chart

Campus Crest Communities Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial - 1.05 1.38 0.89 -

Campus Crest Communities Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 Campus Crest Communities's Interest Coverage

For the REIT - Diversified subindustry, Campus Crest Communities'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.


Campus Crest Communities's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Campus Crest Communities's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Campus Crest Communities's Interest Coverage falls into.


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Campus Crest Communities 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.

Campus Crest Communities's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Campus Crest Communities's Interest Expense was $-16.16 Mil. Its Operating Income was $-137.54 Mil. And its Long-Term Debt & Capital Lease Obligation was $300.67 Mil.

Campus Crest Communities did not have earnings to cover the interest expense.

Campus Crest Communities's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Here, for the three months ended in Sep. 2015, Campus Crest Communities's Interest Expense was $-9.24 Mil. Its Operating Income was $-10.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $602.22 Mil.

Campus Crest Communities 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.


Campus Crest Communities  (NYSE:CCGPRA.PFD) 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 .


Campus Crest Communities Interest Coverage Related Terms

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


Campus Crest Communities Business Description

Traded in Other Exchanges
N/A
Address
Campus Crest Communities Inc was incorporated in the State of Maryland on 1 March 2010. On October 19, 2010, it completed its initial public offering of common stock. The Company is a self-managed, self-administered real estate investment trust ("REIT") focused on owning and managing a high-quality student housing portfolio located close to college campuses. As of December 31, 2014, the Company owned interests in 47 operating student housing The Grove properties containing approximately 9,700 apartment units and 26,300 beds. Thirty-six of Company's operating The Grove properties are wholly-owned and eleven of The Grove properties are owned through joint ventures with HSRE. As of December 31, 2014, it also owned interests in 36 operating student housing Copper Beech branded properties containing approximately 6,500 apartment units and 17,300 beds. The majority of Company's operating properties other than those in the CB Portfolio, evo and Toledo operate under The Grove brand. The Company is subject to competition for student-tenants from on-campus housing owned by universities and colleges and also competes with other regional and national owner-operators of off-campus student housing in a number of markets as well as with smaller local owner-operators.
Executives
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Raymond C Mikulich director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Randall H Brown director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
David James Coles officer: Interim CEO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
John Makuch officer: Interim CFO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Angel Herrera officer: Executive Vice President 6613 RIVERHILL DRIVE, PLANO TX 75024
Aaron Scott Halfacre officer: Executive Vice President 2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Denis Mcglynn director POST OFFICE BOX 843, DOVER DE 19903
William G Popeo director 709 PHEASANT RUN, KENNETT SQUARE PA 19348
Michael S Hartnett officer: Vice President 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
James W Mccaughan director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Daniel L Simmons director 1440 HIGHWAY A1A, VERO BEACH FL 32963
Richard S Kahlbaugh director 25330 MARSH LANDING PARKWAY, PONTE VEDRA FL 32082
Lauro A Gonzalez-moreno director 2128 N. SHADOW CREEK DR., AGOURA CA 91301
N Anthony Coles director MORRIS CORP. CENTER I; BLDG. B; 4TH FLR., 300 INTERPACE PARKWAY, PARSIPPANY NJ 07054

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