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. Manufactured Housing Properties's
Operating Income
for the
three
months ended in Sep. 2023 was $0.09 Mil. Manufactured Housing Properties's Interest Expense for the
three
months ended in Sep. 2023 was $-2.37 Mil.
Manufactured Housing Properties's interest coverage for the quarter that ended in Sep. 2023 was 0.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Manufactured Housing Properties's Interest Coverage or its related term are showing as below:
MHPC's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.245 * Ranked among companies with meaningful Interest Coverage only.
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 .
Manufactured Housing Properties Interest Coverage Related Terms
Manufactured Housing Properties Interest Coverage Historical Data
* 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.
MHPC vs WEWKQ, GYRO, LRHC: Interest Coverage Comparison
For the Real Estate Services subindustry, Manufactured Housing 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.
Manufactured Housing Properties Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Manufactured Housing Properties's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Manufactured Housing Properties's Interest Coverage falls into.
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:
* 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.
Manufactured Housing Properties (MHPC) has a Interest Coverage of 0.04 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manufactured Housing Properties and its competitors.
Is Manufactured Housing Properties' Interest Coverage too high?
Manufactured Housing Properties' current Interest Coverage is 0.04. The Real Estate industry median Interest Coverage is 4.25. Manufactured Housing Properties' value of 0.04 is 99.1% below this industry median. Overall, Manufactured Housing Properties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manufactured Housing Properties' Interest Coverage compare to WEWKQ and GYRO?
Manufactured Housing Properties' Interest Coverage of 0.04 can be compared against companies in the Real Estate industry. The industry median Interest Coverage is 4.25. Manufactured Housing Properties' value of 0.04 is 99.1% 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 4.25, based on 1,296 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. Manufactured Housing Properties's current Interest Coverage of 0.04 is 99.1% 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 Manufactured Housing Properties and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manufactured Housing Properties's current Interest Coverage is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufactured Housing Properties stock overvalued right now?
Manufactured Housing Properties (MHPC) has a current Interest Coverage of 0.04. The current Interest Coverage is 0.04 and 99.1% below the Real Estate industry median of 4.25. Manufactured Housing Properties' overall GF Score™ is 12/100. 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 Manufactured Housing Properties (MHPC), the current Interest Coverage is 0.04 as of Sep. 2023. 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.
Manufactured Housing Properties Business Description
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
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