Real Estate Split (TSX:RS) Interest Coverage: No Debt (1) (As of Dec. 2025) — 99% Below Median


TSX:RS Real Estate Split Corp TSX:RS
84 GF Score
Price C$10.30
GF Value C$11.25
Valuation Fairly Valued
! 7 Warning Signs
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What is Real Estate Split Interest Coverage?

Real Estate Split TSX:RS +0.64% 84 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 120.12. GuruFocus rates TSX:RS with a GF Score™ of 84/100 and a GF Value™ of C$11.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 475 Asset Management companies, Real Estate Split ranks better than 99.79% on this metric.

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. Real Estate Split's Operating Income for the six months ended in Dec. 2025 was C$2.74 Mil. Real Estate Split's Interest Expense for the six months ended in Dec. 2025 was C$0.00 Mil. Real Estate Split has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Real Estate Split Corp has no debt.

(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 Real Estate Split's Interest Coverage or its related term are showing as below:

TSX:RS' s Interest Coverage Range Over the Past 10 Years
Min: 20.5   Med: 120.12   Max: No Debt
Current: No Debt


TSX:RS's Interest Coverage is ranked better than
99.79% of 475 companies
in the Asset Management industry
Industry Median: 42.97 vs TSX:RS: No Debt

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


Real Estate Split  (TSX:RS) 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 .


Real Estate Split Interest Coverage Related Terms


Real Estate Split Interest Coverage Historical Data

* Premium members only.

The historical data trend for Real Estate Split'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.

Real Estate Split Interest Coverage Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 116.50 112.56 123.73 1,005.75 No Debt

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 145.42 No Debt No Debt No Debt No Debt

TSX:RS vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Real Estate Split'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.


Real Estate Split Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Split's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Real Estate Split's Interest Coverage falls into.


TSX:RS
84GF Score
Real Estate Split Corp TSX:RS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Estate Split 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.

Real Estate Split's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Real Estate Split's Interest Expense was C$0.00 Mil. Its Operating Income was C$5.24 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Real Estate Split had no debt (1).

Real Estate Split's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Real Estate Split's Interest Expense was C$0.00 Mil. Its Operating Income was C$2.74 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Real Estate Split 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?
Real Estate Split (TSX:RS) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Real Estate Split and its competitors. This is 99% below median its historical median of 120.12. Over the past decade, Real Estate Split's Interest Coverage has ranged from 20.50 to 10,000.00. According to the industry distribution chart, Real Estate Split ranks #1 out of 475 companies in the Asset Management industry, placing it in the top 0.2%.
Is Real Estate Split's Interest Coverage too high?
Real Estate Split's current Interest Coverage of No Debt (1) is 99% below median its 10-year median of 120.12. Over the past 10 years, this metric has ranged from a low of 20.50 to a high of 10,000.00. Based on the distribution chart, Real Estate Split ranks #1 out of 475 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Real Estate Split has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Real Estate Split ranks #1 out of 475 companies for Interest Coverage. This places Real Estate Split in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 42.97. Historically, Real Estate Split's own Interest Coverage has ranged from 20.50 to 10,000.00 over the past decade. 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 42.97, based on 475 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 Real Estate Split and its competitors. For the Asset Management industry, the median Interest Coverage is 42.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Estate Split's current Interest Coverage is No Debt (1), which is 99% below median its own 10-year median of 120.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Fairly Valued. The stock's GF Value™ is C$11.25, compared to a current price of C$10.30 — trading 8.4% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 99% below median its 10-year median of 120.12. Real Estate Split's overall GF Score™ is 84/100 with 7 warning signs to review. 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 Real Estate Split (TSX:RS), the current Interest Coverage is No Debt (1) as of Dec. 2025. 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.

Is Real Estate Split (TSX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued. The current stock price of C$10.30 is trading 8.4% below its estimated GF Value™ of C$11.25. GuruFocus considers Real Estate Split to be Fairly Valued.

Key valuation signals for TSX:RS:

  • Interest Coverage: No Debt (1) (99% below median its 10-year median of 120.12)
  • GF Value™: C$11.25 vs. price of C$10.30 (8.4% below fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the TSX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Real Estate Split Business Description

Other Exchanges RS.PR.A.PFD:Canada
Address 8 Spadina Avenue, The Well, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
84GF Score

Get the complete analysis for TSX:RS

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$10.30
Price
C$11.25
GF Value