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Franklin BSP Realty Trust (Franklin BSP Realty Trust) Interest Coverage : N/A (As of Mar. 2024)


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What is Franklin BSP Realty Trust 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. Franklin BSP Realty Trust's Operating Income for the three months ended in Mar. 2024 was $33.0 Mil. Franklin BSP Realty Trust's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Franklin BSP Realty Trust's Interest Coverage or its related term are showing as below:


FBRT's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.985
* 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.


Franklin BSP Realty Trust Interest Coverage Historical Data

The historical data trend for Franklin BSP Realty Trust'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.

Franklin BSP Realty Trust Interest Coverage Chart

Franklin BSP Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only N/A N/A N/A N/A N/A

Franklin BSP Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A N/A N/A N/A N/A

Competitive Comparison of Franklin BSP Realty Trust's Interest Coverage

For the REIT - Mortgage subindustry, Franklin BSP Realty Trust'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.


Franklin BSP Realty Trust's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Franklin BSP Realty Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Franklin BSP Realty Trust's Interest Coverage falls into.



Franklin BSP Realty Trust 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.

Franklin BSP Realty Trust's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Franklin BSP Realty Trust's Interest Expense was $0.0 Mil. Its Operating Income was $154.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,008.7 Mil.

GuruFocus does not calculate Franklin BSP Realty Trust's interest coverage with the available data.

Franklin BSP Realty Trust's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Franklin BSP Realty Trust's Interest Expense was $0.0 Mil. Its Operating Income was $33.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,062.0 Mil.

GuruFocus does not calculate Franklin BSP Realty Trust's interest coverage with the available data.

* 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.


Franklin BSP Realty Trust  (NYSE:FBRT) 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 .


Franklin BSP Realty Trust Interest Coverage Related Terms

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


Franklin BSP Realty Trust (Franklin BSP Realty Trust) Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, Suite 32A, New York, NY, USA, 10105
Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.
Executives
Michael Comparato officer: President C/O FRANKLIN BSP REALTY TRUST, INC., 1345 AVENUE OF THE AMERICAS, SUITE 32A, NEW YORK NY 10105
Joe Dumars director 1400 SCENIC COURT, BLOOMFIELD HILLS MI 48302
Buford H Ortale director 104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Richard J Byrne director, officer: Chairman, CEO and President 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jerome S. Baglien officer: CFO, COO and Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Matthew Donnelly officer: President and COO 405 PARK AVENUE, NEW YORK NY 10022
Donald R Ramon officer: CFO, Secretary and Treasurer INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
William M Kahane director AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: Chairman of Bd. of Dir. & CEO

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