TDRK (Tiderock) Interest Coverage: 34.88 (As of Sep. 2023)


What is Tiderock Interest Coverage?

Tiderock TDRK Interest Coverage is 34.88 as of Sep. 2023.

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. Tiderock's Operating Income for the three months ended in Sep. 2023 was $0.56 Mil. Tiderock's Interest Expense for the three months ended in Sep. 2023 was $-0.02 Mil. Tiderock's interest coverage for the quarter that ended in Sep. 2023 was 34.88. 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 Tiderock's Interest Coverage or its related term are showing as below:


TDRK's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.24
* 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.

Tiderock  (OTCPK:TDRK) 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 .

Tiderock Interest Coverage Related Terms

Tiderock Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tiderock'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.

Tiderock Interest Coverage Chart

Tiderock Annual Data
Trend
Interest Coverage

Tiderock Quarterly Data
Sep22 Sep23
Interest Coverage 0.00 34.88

TDRK vs CSTF, DVLP, GPFT: Interest Coverage Comparison

For the Real Estate - Diversified subindustry, Tiderock'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.

Tiderock Interest Coverage vs Real Estate Industry

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

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


Tiderock 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.

Tiderock's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Tiderock's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tiderock had no debt (1).

Tiderock's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Tiderock's Interest Expense was $-0.02 Mil. Its Operating Income was $0.56 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.558/-0.016
=34.88

* 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 34.88 mean?
Tiderock (TDRK) has a Interest Coverage of 34.88 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tiderock and its competitors.
Is Tiderock's Interest Coverage too high?
Tiderock's current Interest Coverage is 34.88. The Real Estate industry median Interest Coverage is 4.24. Tiderock's value of 34.88 is 722.6% above this industry median.
How does Tiderock's Interest Coverage compare to CSTF and DVLP?
Tiderock's Interest Coverage of 34.88 can be compared against companies in the Real Estate industry. The industry median Interest Coverage is 4.24. Tiderock's value of 34.88 is 722.6% 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,295 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. Tiderock's current Interest Coverage of 34.88 is 722.6% 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 Tiderock and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiderock's current Interest Coverage is 34.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiderock stock overvalued right now?
Tiderock (TDRK) has a current Interest Coverage of 34.88. The current Interest Coverage is 34.88 and 722.6% above the Real Estate industry median of 4.24. 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 Tiderock (TDRK), the current Interest Coverage is 34.88 as of Sep. 2023. 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.

Tiderock Business Description

Address 109 Broad Street, 4th Floor, Boston, MA, USA, 02110
Tiderock Companies Inc is a diversified investment and advisory firm in Boston, Massachusetts. The company operates through two divisions: manufacturing and real estate. Its manufacturing division specializes in composite materials for industries such as aerospace, marine, rail, and entertainment. Its real estate domain, the company focuses on investment, advisory, and development services. It is involved in developing various property types, including apartments, office spaces, hotels, student housing, and mixed-use developments.