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IOR (Income Opportunity Realty Investors) Interest Coverage : No Debt (1) (As of Sep. 2024)


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What is Income Opportunity Realty Investors 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. Income Opportunity Realty Investors's Operating Income for the three months ended in Sep. 2024 was $1.52 Mil. Income Opportunity Realty Investors's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Income Opportunity Realty Investors has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Income Opportunity Realty Investors Inc has no debt.

(1) 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.

The historical rank and industry rank for Income Opportunity Realty Investors's Interest Coverage or its related term are showing as below:

IOR' s Interest Coverage Range Over the Past 10 Years
Min: 0.68   Med: No Debt   Max: No Debt
Current: No Debt


IOR's Interest Coverage is ranked better than
87.5% of 24 companies
in the Banks industry
Industry Median: 18 vs IOR: No Debt

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


Income Opportunity Realty Investors Interest Coverage Historical Data

The historical data trend for Income Opportunity Realty Investors'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.

Income Opportunity Realty Investors Interest Coverage Chart

Income Opportunity Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Income Opportunity Realty Investors Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Income Opportunity Realty Investors's Interest Coverage

For the Mortgage Finance subindustry, Income Opportunity Realty Investors'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.


Income Opportunity Realty Investors's Interest Coverage Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Income Opportunity Realty Investors's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Income Opportunity Realty Investors's Interest Coverage falls into.



Income Opportunity Realty Investors 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.

Income Opportunity Realty Investors'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, Income Opportunity Realty Investors's Interest Expense was $0.00 Mil. Its Operating Income was $8.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Income Opportunity Realty Investors had no debt (1).

Income Opportunity Realty Investors's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Income Opportunity Realty Investors's Interest Expense was $0.00 Mil. Its Operating Income was $1.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Income Opportunity Realty Investors had no debt (1).

* 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.


Income Opportunity Realty Investors  (AMEX:IOR) 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 .


Income Opportunity Realty Investors Interest Coverage Related Terms

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


Income Opportunity Realty Investors Business Description

Traded in Other Exchanges
N/A
Address
1603 LBJ Freeway, Suite 800, Dallas, TX, USA, 75234
Income Opportunity Realty Investors Inc is a U.S.-based company that is an externally managed company that invests in mortgage notes receivables and real property. Its business is managed by Pillar Income Asset Management, Inc. Pillar's duties include, but are not limited to, locating, evaluating and recommending real estate and real estate-related investment opportunities. Pillar also arranges its debt and equity financing with unaffiliated independent third party lenders and investors.
Executives
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Robert Neil Crouch director 1755 WITTINGTON PLACE, SUITE 340, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Income Opportunity Realty Investors Inc /tx/ officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Steven A Abney director 225 NE MIZNER BLVD STE 200, BOCA RATON FL 33432
Jay C Lowenberg officer: Executive VP & CFO 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Ronald E Kimbrough officer: Executive VP & CFO 1800 VALLEY VIEW LANE, DALLAS TX 75234
Syntek Acquisition Corp. 10 percent owner 1755 WITTINGTON, DALLAS TX 75234

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