CURB (Curbline Properties) Interest Coverage : 7.90 (As of Dec. 2024)

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What is Curbline Properties 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. Curbline Properties's Operating Income for the three months ended in Dec. 2024 was $3.83 Mil. Curbline Properties's Interest Expense for the three months ended in Dec. 2024 was $-0.49 Mil. Curbline Properties's interest coverage for the quarter that ended in Dec. 2024 was 7.90. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Curbline Properties's Interest Coverage or its related term are showing as below:

CURB' s Interest Coverage Range Over the Past 10 Years
Min: 10.83 Med: 19.81 Max: 37.66
Current: 24.86

CURB's Interest Coverage is ranked better than
84.8% of 717 companies
in the REITs industry
Industry Median: 2.87 vs CURB: 24.86

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Curbline Properties Interest Coverage Historical Data

The historical data trend for Curbline Properties'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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Curbline Properties Interest Coverage Chart

Curbline Properties Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Coverage

10.83

16.90

22.72

37.66

Curbline Properties Quarterly Data
	Dec22	Sep23	Dec23	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial			23.63	26.28	N/A	N/A	7.90

Competitive Comparison of Curbline Properties's Interest Coverage

For the REIT - Retail subindustry, Curbline Properties'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.

Curbline Properties's Interest Coverage Distribution in the REITs Industry

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

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

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Curbline Properties 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.

Curbline Properties's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Curbline Properties's Interest Expense was $-0.90 Mil. Its Operating Income was $33.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $40.15 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	33.928	/	-0.901
	=	37.66

Curbline Properties's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Curbline Properties's Interest Expense was $-0.49 Mil. Its Operating Income was $3.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $40.15 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	3.832	/	-0.485
	=	7.90

The higher the ratio, the stronger the company's Financial Strength is.

Curbline Properties (NYSE:CURB) 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 .

Curbline Properties Interest Coverage Related Terms

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Curbline Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Curbline Properties Corp (NYSE:CURB) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

NR6:Germany

Address

320 Park Avenue, New York, NY, USA, 10022

Website

https://www.curbline.com

Curbline Properties Corp is engaged in the business of owning, managing, leasing and acquiring a portfolio of convenience shopping centers. The primary source of the Company's income is generated from the rental of the Company's convenience shopping centers to tenants. Convenience shopping centers are generally positioned on the curbline of well-trafficked intersections and major vehicular corridors, offering excellent access and visibility, dedicated parking and often include drive-thru units, with approximately half of Curbline properties having at least one drive-thru unit.