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Rugby Estates (LSE:RES) Interest Coverage : No Debt (1) (As of Jul. 2012)


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What is Rugby Estates 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. Rugby Estates's Operating Income for the six months ended in Jul. 2012 was £-2.59 Mil. Rugby Estates's Interest Expense for the six months ended in Jul. 2012 was £0.00 Mil. Rugby Estates has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Rugby Estates's Interest Coverage or its related term are showing as below:

LSE:RES' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


LSE:RES's Interest Coverage is not ranked
in the Real Estate industry.
Industry Median: 3.97 vs LSE:RES: 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.


Rugby Estates Interest Coverage Historical Data

The historical data trend for Rugby Estates'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.

Rugby Estates Interest Coverage Chart

Rugby Estates Annual Data
Trend Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 - 36.80 1,220.50 No Debt

Rugby Estates Semi-Annual Data
Jul03 Jan04 Jul04 Jan05 Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 No Debt 41.00 No Debt No Debt No Debt

Competitive Comparison of Rugby Estates's Interest Coverage

For the Real Estate Services subindustry, Rugby Estates'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.


Rugby Estates's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rugby Estates's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rugby Estates's Interest Coverage falls into.



Rugby Estates 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.

Rugby Estates's Interest Coverage for the fiscal year that ended in Jan. 2012 is calculated as

Here, for the fiscal year that ended in Jan. 2012, Rugby Estates's Interest Expense was £0.00 Mil. Its Operating Income was £-3.17 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Rugby Estates had no debt (1).

Rugby Estates's Interest Coverage for the quarter that ended in Jul. 2012 is calculated as

Here, for the six months ended in Jul. 2012, Rugby Estates's Interest Expense was £0.00 Mil. Its Operating Income was £-2.59 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Rugby Estates 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.


Rugby Estates  (LSE:RES) 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 .


Rugby Estates Interest Coverage Related Terms

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


Rugby Estates (LSE:RES) Business Description

Traded in Other Exchanges
N/A
Address
Rugby Estates PLC carries on the business of property trading, management and investment within the United Kingdom. It operates in two principal business segments. Rugby Capital deals with its property trading and development activities including the group's directly-owned portfolio and collaborative ventures substantially involving the group's equity. Rugby Asset Management deals with its co-investment and asset management activities. The Company operates within the United Kingdom.

Rugby Estates (LSE:RES) Headlines