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Generationome Properties (Generationome Properties) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Generationome 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. Generationome Properties's Operating Income for the three months ended in Mar. 2024 was $-0.34 Mil. Generationome Properties's Interest Expense for the three months ended in Mar. 2024 was $-1.02 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 Generationome Properties's Interest Coverage or its related term are showing as below:


GIPRW's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.94
* 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.


Generationome Properties Interest Coverage Historical Data

The historical data trend for Generationome 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.

* Premium members only.

Generationome Properties Interest Coverage Chart

Generationome Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - 0.04 - - -

Generationome Properties Quarterly Data
Mar19 Jun19 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 - - - 0.13 -

Competitive Comparison of Generationome Properties's Interest Coverage

For the REIT - Diversified subindustry, Generationome 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.


Generationome Properties's Interest Coverage Distribution in the REITs Industry

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

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



Generationome 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.

Generationome Properties'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, Generationome Properties's Interest Expense was $-2.74 Mil. Its Operating Income was $-0.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $68.73 Mil.

Generationome Properties did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Generationome Properties's Interest Expense was $-1.02 Mil. Its Operating Income was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $68.47 Mil.

Generationome Properties 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.


Generationome Properties  (NAS:GIPRW) 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 .


Generationome Properties Interest Coverage Related Terms

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


Generationome Properties (Generationome Properties) Business Description

Traded in Other Exchanges
Address
401 East Jackson Street, Suite 3300, Tampa, FL, USA, 33602
Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in major markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, District of Columbia, Florida, Illinois, North Carolina and Virginia.