RRRT (R-Three Technologies) Interest Coverage: No Debt (1) (As of Oct. 2016)


What is R-Three Technologies Interest Coverage?

R-Three Technologies RRRT Interest Coverage is No Debt (1) as of Oct. 2016.

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. R-Three Technologies's Operating Income for the three months ended in Oct. 2016 was $-0.13 Mil. R-Three Technologies's Interest Expense for the three months ended in Oct. 2016 was $0.00 Mil. R-Three Technologies has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


RRRT's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.61
* 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.

R-Three Technologies  (OTCPK:RRRT) 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 .

R-Three Technologies Interest Coverage Related Terms

R-Three Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for R-Three 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.

R-Three Technologies Interest Coverage Chart

R-Three Technologies Annual Data
Trend Apr11 Apr12 Apr13 Apr15
Interest Coverage
No Debt No Debt No Debt No Debt

R-Three Technologies Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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 No Debt No Debt No Debt No Debt No Debt

RRRT vs ITDN, CNWHF, GNTW: Interest Coverage Comparison

For the Packaged Foods subindustry, R-Three 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.

R-Three Technologies Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, R-Three Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where R-Three Technologies's Interest Coverage falls into.


R-Three 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.

R-Three Technologies's Interest Coverage for the fiscal year that ended in Apr. 2015 is calculated as

Here, for the fiscal year that ended in Apr. 2015, R-Three Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

R-Three Technologies had no debt (1).

R-Three Technologies's Interest Coverage for the quarter that ended in Oct. 2016 is calculated as

Here, for the three months ended in Oct. 2016, R-Three Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

R-Three Technologies had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
R-Three Technologies (RRRT) has a Interest Coverage of No Debt (1) as of Oct. 2016. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on R-Three Technologies and its competitors.
Is R-Three Technologies' Interest Coverage too high?
R-Three Technologies' current Interest Coverage is No Debt (1).
How does R-Three Technologies' Interest Coverage compare to ITDN and CNWHF?
R-Three Technologies' Interest Coverage of No Debt (1) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.61. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.61, based on 1,513 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. 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 R-Three Technologies and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. R-Three Technologies's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is R-Three Technologies stock overvalued right now?
R-Three Technologies (RRRT) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 R-Three Technologies (RRRT), the current Interest Coverage is No Debt (1) as of Oct. 2016. 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.

R-Three Technologies Business Description

Address 1270 Avenue of the Americas, 7th Floor-1053, New York, NY, USA, 10020
R-Three Technologies Inc is an early-stage development company with a success-driven Board which is focused on carefully pursuing several ventures it believes show promise.