RIOCF (Riocan Real Estate Investment Trust) Interest Coverage: 2.32 (As of Mar. 2026) — 35% Below Median


RIOCF Riocan Real Estate Investment Trust RIOCF
74 GF Score
Price $15.92
GF Value $15.17
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Riocan Real Estate Investment Trust Interest Coverage?

Riocan Real Estate Investment Trust RIOCF 74 Interest Coverage is 2.32 as of Mar. 2026, which is 35% below its 10-year median of 3.57. GuruFocus rates RIOCF with a GF Score™ of 74/100 and a GF Value™ of $15.17 (Fairly Valued). The stock has 10 warning signs investors should review. Among 701 REITs companies, Riocan Real Estate Investment Trust ranks worse than 59.34% on this metric.

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. Riocan Real Estate Investment Trust's Operating Income for the three months ended in Mar. 2026 was $122 Mil. Riocan Real Estate Investment Trust's Interest Expense for the three months ended in Mar. 2026 was $-52 Mil. Riocan Real Estate Investment Trust's interest coverage for the quarter that ended in Mar. 2026 was 2.32. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Riocan Real Estate Investment Trust interest coverage is 2.48, which is low.

The historical rank and industry rank for Riocan Real Estate Investment Trust's Interest Coverage or its related term are showing as below:

RIOCF' s Interest Coverage Range Over the Past 10 Years
Min: 2.48   Med: 3.57   Max: 3.93
Current: 2.48


RIOCF's Interest Coverage is ranked worse than
59.34% of 701 companies
in the REITs industry
Industry Median: 3.12 vs RIOCF: 2.48

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


Riocan Real Estate Investment Trust  (OTCPK:RIOCF) 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 .


Riocan Real Estate Investment Trust Interest Coverage Related Terms


Riocan Real Estate Investment Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for Riocan Real Estate Investment Trust'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.

Riocan Real Estate Investment Trust Interest Coverage Chart

Riocan Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 3.58 3.07 2.59 2.60

Riocan Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.83 2.65 2.41 2.54 2.32

RIOCF vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, Riocan Real Estate Investment Trust'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.


Riocan Real Estate Investment Trust Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Riocan Real Estate Investment Trust's Interest Coverage distribution charts can be found below:

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


RIOCF
74GF Score
Riocan Real Estate Investment Trust RIOCF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riocan Real Estate Investment Trust 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.

Riocan Real Estate Investment Trust's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Riocan Real Estate Investment Trust's Interest Expense was $-201 Mil. Its Operating Income was $525 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,494 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*524.663/-201.439
=2.60

Riocan Real Estate Investment Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Riocan Real Estate Investment Trust's Interest Expense was $-52 Mil. Its Operating Income was $122 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,324 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*121.665/-52.412
=2.32

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.32 mean?
Riocan Real Estate Investment Trust (RIOCF) has a Interest Coverage of 2.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Riocan Real Estate Investment Trust and its competitors. This is 35% below median its historical median of 3.57. Over the past decade, Riocan Real Estate Investment Trust's Interest Coverage has ranged from 2.48 to 3.93. According to the industry distribution chart, Riocan Real Estate Investment Trust ranks #416 out of 701 companies in the REITs industry, placing it in the top 59.3%.
Is Riocan Real Estate Investment Trust's Interest Coverage too high?
Riocan Real Estate Investment Trust's current Interest Coverage of 2.32 is 35% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 3.93. The REITs industry median Interest Coverage is 3.12. Riocan Real Estate Investment Trust's value of 2.32 is 25.6% below this industry median. Based on the distribution chart, Riocan Real Estate Investment Trust ranks #416 out of 701 companies in the REITs industry, which is below the industry midpoint. Overall, Riocan Real Estate Investment Trust has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Riocan Real Estate Investment Trust's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Riocan Real Estate Investment Trust ranks #416 out of 701 companies for Interest Coverage. This places Riocan Real Estate Investment Trust in the lower half of its industry. The industry median Interest Coverage is 3.12. Riocan Real Estate Investment Trust's value of 2.32 is 25.6% below this benchmark. Historically, Riocan Real Estate Investment Trust's own Interest Coverage has ranged from 2.48 to 3.93 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 3.12, Riocan Real Estate Investment Trust has consistently been below the industry average. 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 701 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. Riocan Real Estate Investment Trust's current Interest Coverage of 2.32 is 25.6% 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 Riocan Real Estate Investment Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riocan Real Estate Investment Trust's current Interest Coverage is 2.32, which is 35% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riocan Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Riocan Real Estate Investment Trust (RIOCF) is currently considered Fairly Valued. The stock's GF Value™ is $15.17, compared to a current price of $15.92 — trading 4.9% above its estimated fair value. The current Interest Coverage is 2.32, which is 35% below median its 10-year median of 3.57 and 25.6% below the REITs industry median of 3.12. Riocan Real Estate Investment Trust's overall GF Score™ is 74/100 with 10 warning signs to review. 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 Riocan Real Estate Investment Trust (RIOCF), the current Interest Coverage is 2.32 as of Mar. 2026. 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.

Is Riocan Real Estate Investment Trust (RIOCF) Overvalued in 2026?

Based on GuruFocus' analysis, Riocan Real Estate Investment Trust stock appears to be overvalued. The current stock price of $15.92 is trading 4.9% above its estimated GF Value™ of $15.17. GuruFocus considers Riocan Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for RIOCF:

  • Interest Coverage: 2.32 (35% below median its 10-year median of 3.57)
  • GF Value™: $15.17 vs. price of $15.92 (4.9% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 25.6% below the REITs median (#416 of 701)

No single metric tells the full story. See the RIOCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riocan Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges R7G:GermanyREI.UN:Canada
Address 2300 Yonge Street, Suite 500, P. O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. The company's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.
74GF Score

Get the complete analysis for RIOCF

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.92
Price
$15.17
GF Value