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Reven Housing REIT (Reven Housing REIT) Interest Coverage : 0 (At Loss) (As of Jun. 2019)


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What is Reven Housing REIT 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. Reven Housing REIT's Operating Income for the three months ended in Jun. 2019 was $-0.18 Mil. Reven Housing REIT's Interest Expense for the three months ended in Jun. 2019 was $-0.80 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 Reven Housing REIT's Interest Coverage or its related term are showing as below:


RVEN's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.945
* 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.


Reven Housing REIT Interest Coverage Historical Data

The historical data trend for Reven Housing REIT'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.

Reven Housing REIT Interest Coverage Chart

Reven Housing REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
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Reven Housing REIT Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.21 - - - -

Competitive Comparison of Reven Housing REIT's Interest Coverage

For the REIT - Residential subindustry, Reven Housing REIT'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.


Reven Housing REIT's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reven Housing REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Reven Housing REIT's Interest Coverage falls into.



Reven Housing REIT 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.

Reven Housing REIT's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Reven Housing REIT's Interest Expense was $-1.95 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $50.13 Mil.

Reven Housing REIT did not have earnings to cover the interest expense.

Reven Housing REIT's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Reven Housing REIT's Interest Expense was $-0.80 Mil. Its Operating Income was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $60.45 Mil.

Reven Housing REIT 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.


Reven Housing REIT  (NAS:RVEN) 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 .


Reven Housing REIT Interest Coverage Related Terms

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


Reven Housing REIT (Reven Housing REIT) Business Description

Traded in Other Exchanges
N/A
Address
875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037
Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines