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REAC Group (REAC Group) Interest Expense : $-0.11 Mil (TTM As of Dec. 2019)


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What is REAC Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. REAC Group's interest expense for the three months ended in Dec. 2019 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was $-0.11 Mil.

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. REAC Group's Operating Income for the three months ended in Dec. 2019 was $ -0.87 Mil. REAC Group's Interest Expense for the three months ended in Dec. 2019 was $ -0.03 Mil. REAC Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

REAC Group Interest Expense Historical Data

The historical data trend for REAC Group's Interest Expense 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.

* Premium members only.

REAC Group Interest Expense Chart

REAC Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.04 -0.26 -0.08 -0.11

REAC Group Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Interest Expense 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 -0.02 -0.03 -0.03 -0.03 -0.03

REAC Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

* 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.

REAC Group  (OTCPK:REAC) Interest Expense Explanation

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. The higher, the better.

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

REAC Group's Interest Expense for the three months ended in Dec. 2019 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2019 was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was $0.00 Mil.

REAC Group's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

REAC Group 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.

REAC Group (REAC Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » REAC Group Inc (OTCPK:REAC) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
74th Street UNIT 1, 3400 North-West, Miami, FL, USA, 33122
Website
https://www.realestatecontacts.com
REAC Group Inc owns and operates the real estate advertising portal website. The company provides an online website that serves as an internet portal that features a real estate search engine and a media network that directs consumers to receive detailed information about agents, offices, and current listings, homes for sale, commercial properties, mortgages, and foreclosures. It provides a service that enables real estate professionals to grow their businesses online.
Executives
Robert Deangelis director, 10 percent owner, officer: President,Secretary,Treasurer 8878 COVENANT AVENUE NO. 209 PITTSBURGH PA 15237
Baker Myers & Associates, Llc 10 percent owner 4124 FRANKLIN ROAD NASHVILLE TN 37204
Ivan Baca 10 percent owner 2885 E. MIDWAY BLVD., NO. 432 BROOMFIELD CO 80234
Eric Daniel Strom 10 percent owner 110 APACHE PLUME ST. BRIGHTON CO 80601

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