Reit Azorim - H.F Living (XTAE:AZRT) Interest Coverage : 0.71 (As of Dec. 2024)

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What is Reit Azorim - H.F Living 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. Reit Azorim - H.F Living's Operating Income for the three months ended in Dec. 2024 was ₪6.76 Mil. Reit Azorim - H.F Living's Interest Expense for the three months ended in Dec. 2024 was ₪-9.59 Mil. Reit Azorim - H.F Living's interest coverage for the quarter that ended in Dec. 2024 was 0.71. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Reit Azorim - H.F Living Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Reit Azorim - H.F Living's Interest Coverage or its related term are showing as below:

XTAE:AZRT' s Interest Coverage Range Over the Past 10 Years
Min: 0.17 Med: 0.4 Max: 60.34
Current: 0.47

XTAE:AZRT's Interest Coverage is ranked worse than
95.41% of 719 companies
in the REITs industry
Industry Median: 2.81 vs XTAE:AZRT: 0.47

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

Reit Azorim - H.F Living Interest Coverage Historical Data

The historical data trend for Reit Azorim - H.F Living'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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Reit Azorim - H.F Living Interest Coverage Chart

Reit Azorim - H.F Living Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

Get a 7-Day Free Trial

N/A

0.17

0.40

0.47

Reit Azorim - H.F Living Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial															0.85	0.96	0.43	0.20	0.71

Competitive Comparison of Reit Azorim - H.F Living's Interest Coverage

For the REIT - Diversified subindustry, Reit Azorim - H.F Living'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.

Reit Azorim - H.F Living's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reit Azorim - H.F Living's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Reit Azorim - H.F Living's Interest Coverage falls into.

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Reit Azorim - H.F Living 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.

Reit Azorim - H.F Living'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, Reit Azorim - H.F Living's Interest Expense was ₪-65.65 Mil. Its Operating Income was ₪30.83 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪1,367.39 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	30.834	/	-65.651
	=	0.47

Reit Azorim - H.F Living's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Reit Azorim - H.F Living's Interest Expense was ₪-9.59 Mil. Its Operating Income was ₪6.76 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪1,367.39 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	6.763	/	-9.59
	=	0.71

The higher the ratio, the stronger the company's Financial Strength is.

Reit Azorim - H.F Living (XTAE:AZRT) 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 .

Reit Azorim - H.F Living Interest Coverage Related Terms

Thank you for viewing the detailed overview of Reit Azorim - H.F Living's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Reit Azorim - H.F Living Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Reit Azorim - H.F Living Ltd (XTAE:AZRT) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Arnia Street, Tel Aviv, ISR

Website

http://www.living-il.co.il

Reit Azorim - H.F Living Ltd is REIT Fund in Israel that focuses on profitable properties In the field Of rental housing in the various segments, with the aim of producing wide portfolio of self-distributing properties.. It offers long-term rental apartments and new apartments, directly from real estate company. The company's activity focuses on the yielding residential real estate sector in Israel, that is, the purchase and construction of residential apartments and real estate assets associated with them such as: commercial areas, shops, etc., their rental and the provision of services related to their rental.

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