What is Thomas Properties Group, 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. Thomas Properties Group,'s
Operating Income
for the
three
months ended in Sep. 2013 was €-4.47 Mil. Thomas Properties Group,'s Interest Expense for the
three
months ended in Sep. 2013 was €-2.51 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 Thomas Properties Group,'s Interest Coverage or its related term are showing as below:
FRA:LQH's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.03 * Ranked among companies with meaningful Interest Coverage only.
* 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.
Competitive Comparison of Thomas Properties Group,'s Interest Coverage
For the Real Estate Services subindustry, Thomas Properties Group,'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.
Thomas Properties Group,'s Interest Coverage Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Thomas Properties Group,'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thomas Properties Group,'s Interest Coverage falls into.
Thomas Properties Group, 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:
Thomas Properties Group, 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.
Thomas Properties Group, (FRA:LQH) 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 .
Thomas Properties Group, Interest Coverage Related Terms
Thank you for viewing the detailed overview of Thomas Properties Group,'s Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Properties Group, (FRA:LQH) Business Description
Thomas Properties Group, Inc., is a Delaware corporation incorporated on March 9, 2004. The Company is a full-service real estate operating company that owns, acquires, develops and manages mainly office, as well as mixed-use and residential properties on a nationwide basis. Its main areas of focus are the acquisition and ownership of interests in premier properties, property development and redevelopment, and investment and property management activities. It conducts its business through its Operating Partnership and it has control over the major decisions of the Operating Partnership. The properties it owns interests in or manages on behalf of third parties are located in Southern California and Sacramento, California; Philadelphia, Pennsylvania; Northern Virginia; Houston, Texas; and Austin, Texas. The Company owns interests in and asset manage 17 operating properties with 10.3 million rentable square feet and provide leasing, asset and/or property management services on behalf of third parties for an additional five operating properties with 2.6 million rentable square feet. It also has a direct and indirect ownership interests in developable land with various allowable uses, including office development, totaling approximately 3.4 million square feet. Additionally, the Company developed Murano, a 302- unit high-rise residential condominium project in downtown Philadelphia. The Company has offices in Los Angeles and Sacramento, California; Austin and Houston, Texas; Northern Virginia and Philadelphia, Pennsylvania. It focuses on increasing net revenues from the properties. It leverages its property acquisition and development expertise through partnerships and joint ventures. These entities provides the company with additional capital for investment, shared risk exposure, and earned fees for asset management, property management, leasing and other services. The Company faces competition from diversified real estate companies and companies focused solely on offering property investment management and brokerage services. The Company is subject to Section 203 of the Delaware General Corporation Law.
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