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Winthrop Realty Trust (Winthrop Realty Trust) Interest Coverage : 0 (At Loss) (As of Jun. 2014)


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What is Winthrop 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. Winthrop Realty Trust's Operating Income for the three months ended in Jun. 2014 was $-4.09 Mil. Winthrop Realty Trust's Interest Expense for the three months ended in Jun. 2014 was $-5.83 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 Winthrop Realty Trust's Interest Coverage or its related term are showing as below:


FUR's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.945
* 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.


Winthrop Realty Trust Interest Coverage Historical Data

The historical data trend for Winthrop 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.

Winthrop Realty Trust Interest Coverage Chart

Winthrop Realty Trust Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.63 0.28 0.06 -

Winthrop Realty Trust Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 Winthrop Realty Trust's Interest Coverage

For the REIT - Diversified subindustry, Winthrop 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.


Winthrop Realty Trust's Interest Coverage Distribution in the REITs Industry

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

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



Winthrop 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.

Winthrop Realty Trust's Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, Winthrop Realty Trust's Interest Expense was $-23.41 Mil. Its Operating Income was $-7.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $531.18 Mil.

Winthrop Realty Trust did not have earnings to cover the interest expense.

Winthrop Realty Trust's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Here, for the three months ended in Jun. 2014, Winthrop Realty Trust's Interest Expense was $-5.83 Mil. Its Operating Income was $-4.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $549.18 Mil.

Winthrop Realty Trust 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.


Winthrop Realty Trust  (NYSE:FUR) 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 .


Winthrop Realty Trust Interest Coverage Related Terms

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


Winthrop Realty Trust (Winthrop Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Winthrop Realty Trust Inc is a real estate investment trust (REIT), is an unincorporated association in the form of a business trust organized in Ohio under a Declaration of Trust dated August 1, 1961. The Company conducts its business through its wholly owned operating partnership, WRT Realty L.P., a Delaware limited partnership. The Company is engaged in the business of owning real property and real estate related assets which it categorize into three reportable segments: (i) the ownership of investment properties including wholly owned properties and investments in joint ventures which own investment properties, which it refer to as operating properties; (ii) the origination and acquisition of senior loans, mezzanine loans and debt securities collateralized directly or indirectly by commercial and multi-family real property, which it refer to as loan assets; and (iii) the ownership of equity and debt interests in other real estate investment trusts (REITs), which it refer to as REIT securities. Its primary sources of income are rental income and tenant recoveries from leases of its operating properties, interest income and discount accretion from its loan assets, and interest and dividend income and appreciation from its investments in REIT securities. The Company competes with many other companies, including other REITs, insurance companies, commercial banks, private investment funds, hedge funds, specialty finance companies and other investors. Its operations and properties are subject to various federal, state and local laws.
Executives
Michael L Ashner director, officer: Chairman & CEO C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO PLAZA WING A, JERICHO NY 11753
Carolyn Tiffany director, officer: President C/O WINTHROP FINANICAL ASSOCIATES, 7 BULFINCH PLACE, SUITE 500, BOSTON MA 02114
Howard Goldberg director
King Street Capital Mgmt Llc 10 percent owner 299 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10171
Brian J Higgins 10 percent owner 65 EAST 55TH STREET, 30TH FLOOR, NEW YORK NY 10022
Biondi O Francis Jr 10 percent owner 65 EAST 55TH STREET, 30TH FLOOR, NEW YORK NY 10022
Talton R Embry director C/O MAGTEN ASSET MANAGEMENT CORP, 410 PARK AVENUE, NEW YORK NY 10022
Bruce R Berkowitz director C/O FAIRHOLME CAPITAL MANAGEMENT, L.L.C., 4400 BISCAYNE BOULEVARD, 9TH FLOOR, MIAMI FL 33137
William A Ackman other: Former 10% Owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Gotham Partners Lp /ny/ other: Former 10% owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Section H Partners L P other: Fomer 10% Owner 110 EAST 42ND STREET 18TH FL, NEW YORK NY 10017
David P Berkowitz other: Former 10% Owner 110 EAST 42ND STREET 18TH FL, NEW YORK NY 10017
Gotham Parners Iii L P other: Former 10% Owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Gotham International Advisors Llc other: Former 10% Owner 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Karenina Corp other: Former 10% Owner 110 EAST 42ND STREET 18TH FLOOR, NEW YORK NY 10017

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