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REAC Group (REAC Group) Interest Coverage : 0 (At Loss) (As of Dec. 2019)


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What is REAC Group 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. REAC Group's Operating Income for the three months ended in Dec. 2019 was $-0.87 Mil. REAC Group's Interest Expense for the three months ended in Dec. 2019 was $-0.03 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 REAC Group's Interest Coverage or its related term are showing as below:


REAC's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.995
* 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.


REAC Group Interest Coverage Historical Data

The historical data trend for REAC 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.

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REAC Group Interest Coverage Chart

REAC Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
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REAC Group Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of REAC Group's Interest Coverage

For the Real Estate Services subindustry, REAC 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.


REAC Group's Interest Coverage Distribution in the Real Estate Industry

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

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



REAC 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.

REAC Group's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, REAC Group's Interest Expense was $-0.11 Mil. Its Operating Income was $-4.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

REAC Group did not have earnings to cover the interest expense.

REAC Group's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Here, for the three months ended in Dec. 2019, REAC Group's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

REAC Group 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.


REAC Group  (OTCPK:REAC) 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 .


REAC Group Interest Coverage Related Terms

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


REAC Group (REAC Group) Business Description

Traded in Other Exchanges
N/A
Address
74th Street UNIT 1, 3400 North-West, Miami, FL, USA, 33122
REAC Group Inc owns and operates the real estate advertising portal website. The company provides an online website that serves as an internet portal that features a real estate search engine and a media network that directs consumers to receive detailed information about agents, offices, and current listings, homes for sale, commercial properties, mortgages, and foreclosures. It provides a service that enables real estate professionals to grow their businesses online.
Executives
Robert Deangelis director, 10 percent owner, officer: President,Secretary,Treasurer 8878 COVENANT AVENUE NO. 209 PITTSBURGH PA 15237
Baker Myers & Associates, Llc 10 percent owner 4124 FRANKLIN ROAD NASHVILLE TN 37204
Ivan Baca 10 percent owner 2885 E. MIDWAY BLVD., NO. 432 BROOMFIELD CO 80234
Eric Daniel Strom 10 percent owner 110 APACHE PLUME ST. BRIGHTON CO 80601

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