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RNGE (Range Impact) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Range Impact 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. Range Impact's Operating Income for the three months ended in Mar. 2025 was $-0.56 Mil. Range Impact's Interest Expense for the three months ended in Mar. 2025 was $-0.09 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 Range Impact's Interest Coverage or its related term are showing as below:


RNGE's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


Range Impact Interest Coverage Historical Data

The historical data trend for Range Impact'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.

Range Impact Interest Coverage Chart

Range Impact Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt - 4.37 -

Range Impact Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of Range Impact's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Range Impact'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.


Range Impact's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Range Impact's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Range Impact's Interest Coverage falls into.


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Range Impact 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.

Range Impact'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, Range Impact's Interest Expense was $-0.62 Mil. Its Operating Income was $-3.54 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.82 Mil.

Range Impact did not have earnings to cover the interest expense.

Range Impact's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Range Impact's Interest Expense was $-0.09 Mil. Its Operating Income was $-0.56 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.76 Mil.

Range Impact 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.


Range Impact  (OTCPK:RNGE) 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 .


Range Impact Interest Coverage Related Terms

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


Range Impact Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, Suite 400, Cleveland, OH, USA, 44122
Range Impact Inc is dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways.
Executives
Joseph E. Loconti 10 percent owner 6140 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Edward F Feighan director 10055 SWEET VALLEY DRIVE, CLEVELAND OH 44125
Michael R. Cavanaugh director 18545 PARKLAND DRIVE, SHAKER HEIGHTS OH 44122
Indemnity National Insurance Co 10 percent owner 238 BEDFORD WAY, FRANKLIN TN 37064
Brandon Joel Zipp officer: Chief Science Officer 2439 EVERLEY CIRCLE, ROSEVILLE CA 95747
Richard Mckilligan officer: CFO, Secretary and Counsel 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Richard F Celeste director C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Maida Anthony E Iii director 157 TECHNOLOGY DR, IRVINE CA 92618
Robert T. Brooke officer: VP of Business Devevlopment 1601 N. SEPULVEDA BLVD., #632, MANHATTAN BEACH CA 90266
Avtar S Dhillon director, 10 percent owner, officer: President,CEO,CFO,Sec and Tres C/O GENETRONICS INC, 11199 SORRENTO VALLEY ROAD, SAN DIEGO CA 92121
Tao Chen director, 10 percent owner, officer: President SUITE 403, 2-46 DEZHENNAN ROAD, GUANGZHOU CITY, GUANGDONG PROV F4 111111111