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OLP (One Liberty Properties) Interest Coverage : 1.75 (As of Dec. 2024)


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What is One Liberty Properties 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. One Liberty Properties's Operating Income for the three months ended in Dec. 2024 was $8.84 Mil. One Liberty Properties's Interest Expense for the three months ended in Dec. 2024 was $-5.06 Mil. One Liberty Properties's interest coverage for the quarter that ended in Dec. 2024 was 1.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for One Liberty Properties's Interest Coverage or its related term are showing as below:

OLP' s Interest Coverage Range Over the Past 10 Years
Min: 1.62   Med: 1.79   Max: 2.13
Current: 1.69


OLP's Interest Coverage is ranked worse than
72.46% of 719 companies
in the REITs industry
Industry Median: 2.85 vs OLP: 1.69

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


One Liberty Properties Interest Coverage Historical Data

The historical data trend for One Liberty Properties'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.

One Liberty Properties Interest Coverage Chart

One Liberty Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.76 2.13 1.77 1.69

One Liberty Properties Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.75 1.74 1.69 1.60 1.75

Competitive Comparison of One Liberty Properties's Interest Coverage

For the REIT - Diversified subindustry, One Liberty 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.


One Liberty Properties's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, One Liberty Properties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where One Liberty Properties's Interest Coverage falls into.


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One Liberty Properties 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.

One Liberty Properties's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, One Liberty Properties's Interest Expense was $-19.46 Mil. Its Operating Income was $32.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $420.56 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*32.979/-19.463
=1.69

One Liberty Properties's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, One Liberty Properties's Interest Expense was $-5.06 Mil. Its Operating Income was $8.84 Mil. And its Long-Term Debt & Capital Lease Obligation was $420.56 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8.837/-5.064
=1.75

* 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.


One Liberty Properties  (NYSE:OLP) 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 .


One Liberty Properties Interest Coverage Related Terms

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


One Liberty Properties Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio consisting mainly of industrial and, to a lesser extent, retail properties, many of which are subject to long-term net leases. The trust has approximately one hundred two properties located across several states in the United States of America. A majority of its revenue is generated in the form of rental income.
Executives
Justin Clair officer: Assistant Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Lawrence Ricketts officer: VICE PRESIDENT
Leor Siri director 560 CHURCH AVENUE, WOODMERE NY 11598
Jeffrey Gould director, officer: SENIOR VICE PRESIDENT
Charles Biederman director 60CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mili Mathew officer: Vice President - Financial 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Edward Gellert director 399 PARK AVENUE, NEW YORK NY 10022
Eugene I Zuriff director C/O SMITH WOLLENSKY RESTAURANT GROUP INC, 1114 FIRST AVENUE, NEW YORK NY 10021
Matthew J Gould director, officer: SENIOR VICE PRESIDENT
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Karen A. Till director 3939 HICKORY STREET, SEAFORD NY 11783
Jesse Robert Lovejoy director RIPPLEWOOD HOLDINGS LLC, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Benjamin Bolanos officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Fredric H Gould director, officer: Chariman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021