RLLVF (Relevium Technologies) Interest Coverage: 112.83 (As of Mar. 2022)


What is Relevium Technologies Interest Coverage?

Relevium Technologies RLLVF -99.98% Interest Coverage is 112.83 as of Mar. 2022.

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. Relevium Technologies's Operating Income for the three months ended in Mar. 2022 was $0.68 Mil. Relevium Technologies's Interest Expense for the three months ended in Mar. 2022 was $-0.01 Mil. Relevium Technologies's interest coverage for the quarter that ended in Mar. 2022 was 112.83. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Relevium Technologies's Interest Coverage or its related term are showing as below:


RLLVF's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8
* 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.

Relevium Technologies  (OTCPK:RLLVF) 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 .

Relevium Technologies Interest Coverage Related Terms

Relevium Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Relevium Technologies'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.

Relevium Technologies Interest Coverage Chart

Relevium Technologies Annual Data
Trend Dec12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Relevium Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.00 0.00 0.00 44.13 112.83

RLLVF vs HEWA, SSY: Interest Coverage Comparison

For the Pharmaceutical Retailers subindustry, Relevium Technologies'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.

Relevium Technologies Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Relevium Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Relevium Technologies's Interest Coverage falls into.


Relevium Technologies 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.

Relevium Technologies'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, Relevium Technologies's Interest Expense was $-0.62 Mil. Its Operating Income was $-1.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Relevium Technologies did not have earnings to cover the interest expense.

Relevium Technologies's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Relevium Technologies's Interest Expense was $-0.01 Mil. Its Operating Income was $0.68 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*0.677/-0.006
=112.83

* 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 112.83 mean?
Relevium Technologies (RLLVF) has a Interest Coverage of 112.83 as of Mar. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Relevium Technologies and its competitors.
Is Relevium Technologies' Interest Coverage too high?
Relevium Technologies' current Interest Coverage is 112.83. The Healthcare Providers & Services industry median Interest Coverage is 8.00. Relevium Technologies' value of 112.83 is 1310.4% above this industry median.
How does Relevium Technologies' Interest Coverage compare to HEWA and SSY?
Relevium Technologies' Interest Coverage of 112.83 can be compared against companies in the Healthcare Providers & Services industry. The industry median Interest Coverage is 8.00. Relevium Technologies' value of 112.83 is 1310.4% above 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 8.00, based on 454 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. Relevium Technologies's current Interest Coverage of 112.83 is 1310.4% above 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 Relevium Technologies and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Relevium Technologies's current Interest Coverage is 112.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relevium Technologies stock overvalued right now?
Relevium Technologies (RLLVF) has a current Interest Coverage of 112.83. The current Interest Coverage is 112.83 and 1310.4% above the Healthcare Providers & Services industry median of 8.00. 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 Relevium Technologies (RLLVF), the current Interest Coverage is 112.83 as of Mar. 2022. 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.

Relevium Technologies Business Description

Address 1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A 3G4
Relevium Technologies Inc is a Canada based company operates in the health and wellness industry with a primary focus on online distribution. The principal business of the Company is the identification, evaluation, acquisition, and operations of brands and businesses in the health and wellness markets including medical cannabis. Its operating segment includes Consumer Packaged Goods (CPG); Pediatric Biopharma and Corporate. The company generates maximum revenue from Consumer Packaged Goods segment.