Raven Property Group (JSE:RAV) Interest Coverage: 1.20 (As of Jun. 2021)


What is Raven Property Group Interest Coverage?

Raven Property Group JSE:RAV Interest Coverage is 1.20 as of Jun. 2021.

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. Raven Property Group's Operating Income for the six months ended in Jun. 2021 was R779 Mil. Raven Property Group's Interest Expense for the six months ended in Jun. 2021 was R-647 Mil. Raven Property Group's interest coverage for the quarter that ended in Jun. 2021 was 1.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Raven Property Group's Interest Coverage or its related term are showing as below:


JSE:RAV's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.24
* 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.

Raven Property Group  (JSE:RAV) 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 .

Raven Property Group Interest Coverage Related Terms

Raven Property Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Raven Property Group'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.

Raven Property Group Interest Coverage Chart

Raven Property Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.49 1.21 1.08 1.18

Raven Property Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 1.20 0.97 1.25 1.11 1.20

JSE:RAV vs CSGP, CBRE, BEKE: Interest Coverage Comparison

For the Real Estate Services subindustry, Raven Property 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.

Raven Property Group Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Raven Property Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Raven Property Group's Interest Coverage falls into.


Raven Property 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:

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.

Raven Property Group's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Raven Property Group's Interest Expense was R-1,481 Mil. Its Operating Income was R1,752 Mil. And its Long-Term Debt & Capital Lease Obligation was R12,001 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*1751.992/-1481.379
=1.18

Raven Property Group's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the six months ended in Jun. 2021, Raven Property Group's Interest Expense was R-647 Mil. Its Operating Income was R779 Mil. And its Long-Term Debt & Capital Lease Obligation was R12,626 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*779.348/-647.359
=1.20

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.20 mean?
Raven Property Group (JSE:RAV) has a Interest Coverage of 1.20 as of Jun. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Raven Property Group and its competitors.
Is Raven Property Group's Interest Coverage too high?
Raven Property Group's current Interest Coverage is 1.20. The Real Estate industry median Interest Coverage is 4.24. Raven Property Group's value of 1.20 is 71.7% below this industry median.
How does Raven Property Group's Interest Coverage compare to CSGP and CBRE?
Raven Property Group's Interest Coverage of 1.20 can be compared against companies in the Real Estate industry. The industry median Interest Coverage is 4.24. Raven Property Group's value of 1.20 is 71.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raven Property Group's current Interest Coverage of 1.20 is 71.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Raven Property Group and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raven Property Group's current Interest Coverage is 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raven Property Group stock overvalued right now?
Raven Property Group (JSE:RAV) has a current Interest Coverage of 1.20. The current Interest Coverage is 1.20 and 71.7% below the Real Estate industry median of 4.24. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Raven Property Group (JSE:RAV), the current Interest Coverage is 1.20 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raven Property Group Business Description

Address La Vieille Cour, P.O. Box 522, La Plaiderie, Second Floor, St Peter Port, GGY, GY1 6EH
Raven Property Group Ltd, along with its subsidiaries, operates as a property investment group specializing in commercial real estate in Russia. The business activity of the group functions through three operating segments: Property Investment, Roslogistics, and Raven Mount. The Property Investment segment acquires, develops, and leases commercial property in Russia; the Roslogistics segment is engaged in the provision of warehousing, transport, customs brokerage, and related services in Russia; and Raven Mount looks into the sale of residential property in the UK. It generates most of its revenues through the rent of its Moscow properties from the Property Investment segment.