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Realy Developmentnstruction (ROCO:2596) Interest Coverage : 63.37 (As of Mar. 2025)


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What is Realy Developmentnstruction 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. Realy Developmentnstruction's Operating Income for the three months ended in Mar. 2025 was NT$56 Mil. Realy Developmentnstruction's Interest Expense for the three months ended in Mar. 2025 was NT$-1 Mil. Realy Developmentnstruction's interest coverage for the quarter that ended in Mar. 2025 was 63.37. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:2596' s Interest Coverage Range Over the Past 10 Years
Min: 14.8   Med: 324.04   Max: 1465.91
Current: 42.51


ROCO:2596's Interest Coverage is ranked better than
82.61% of 1317 companies
in the Real Estate industry
Industry Median: 3.97 vs ROCO:2596: 42.51

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


Realy Developmentnstruction Interest Coverage Historical Data

The historical data trend for Realy Developmentnstruction'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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Realy Developmentnstruction Interest Coverage Chart

Realy Developmentnstruction 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 785.32 776.22 30.66 21.54 28.19

Realy Developmentnstruction 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 - - - 80.41 63.37

Competitive Comparison of Realy Developmentnstruction's Interest Coverage

For the Real Estate Services subindustry, Realy Developmentnstruction'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.


Realy Developmentnstruction's Interest Coverage Distribution in the Real Estate Industry

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

* The bar in red indicates where Realy Developmentnstruction's Interest Coverage falls into.


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Realy Developmentnstruction 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.

Realy Developmentnstruction'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, Realy Developmentnstruction's Interest Expense was NT$-3 Mil. Its Operating Income was NT$81 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*81.482/-2.89
=28.19

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

Here, for the three months ended in Mar. 2025, Realy Developmentnstruction's Interest Expense was NT$-1 Mil. Its Operating Income was NT$56 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*55.769/-0.88
=63.37

* 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.


Realy Developmentnstruction  (ROCO:2596) 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 .


Realy Developmentnstruction Interest Coverage Related Terms

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Realy Developmentnstruction Business Description

Traded in Other Exchanges
N/A
Address
Section 5, Civic Boulevard, No. 69, 2nd Floor, Songshan District, Taipei, TWN
Realy Development & Construction Corp operates in the real estate sector. It is engaged in the development, leasing, and sale of residential houses, buildings, and industrial plants, as well as the development of special zones for specific industries, investment in public construction, and real estate agency. The group's reportable segments are First sales, Second sales, and Construction. A majority of its revenue is generated from the Sales segment, which is engaged in the leasing, sale, and development of housing. The Construction segment is involved in civil and architectural engineering activities. Geographically, the group operates in Taiwan.

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