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Roadside Real Estate (LSE:ROAD) Interest Coverage : 0 (At Loss) (As of Dec. 2022)


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What is Roadside Real Estate 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. Roadside Real Estate's Operating Income for the six months ended in Dec. 2022 was £-1.41 Mil. Roadside Real Estate's Interest Expense for the six months ended in Dec. 2022 was £-0.63 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 Roadside Real Estate's Interest Coverage or its related term are showing as below:


LSE:ROAD's Interest Coverage is not ranked *
in the Restaurants industry.
Industry Median: 6.88
* 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.


Roadside Real Estate Interest Coverage Historical Data

The historical data trend for Roadside Real Estate'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.

Roadside Real Estate Interest Coverage Chart

Roadside Real Estate Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt -

Roadside Real Estate Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec20 Jun21 Dec21 Jun22 Dec22
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 - - - 1.96 -

Competitive Comparison of Roadside Real Estate's Interest Coverage

For the Restaurants subindustry, Roadside Real Estate'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.


Roadside Real Estate's Interest Coverage Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Roadside Real Estate's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Roadside Real Estate's Interest Coverage falls into.



Roadside Real Estate 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.

Roadside Real Estate's Interest Coverage for the fiscal year that ended in Jun. 2021 is calculated as

Here, for the fiscal year that ended in Jun. 2021, Roadside Real Estate's Interest Expense was £-0.60 Mil. Its Operating Income was £-2.20 Mil. And its Long-Term Debt & Capital Lease Obligation was £7.59 Mil.

Roadside Real Estate did not have earnings to cover the interest expense.

Roadside Real Estate's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Roadside Real Estate's Interest Expense was £-0.63 Mil. Its Operating Income was £-1.41 Mil. And its Long-Term Debt & Capital Lease Obligation was £13.49 Mil.

Roadside Real Estate 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.


Roadside Real Estate  (LSE:ROAD) 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 .


Roadside Real Estate Interest Coverage Related Terms

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Roadside Real Estate (LSE:ROAD) Business Description

Traded in Other Exchanges
N/A
Address
115b Innovation Drive, Milton, Milton, Oxford, GBR, OX14 4RZ
Barkby Group PLC is engaged in real estate development, consumer and hospitality businesses, and life sciences. Its operating segments include Real Estate; Barkby Pubs and Investments and the company generates majority of its revenue from Barkby Pubs.