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REAX (The Real Brokerage) Interest Expense : $-0 Mil (TTM As of Dec. 2024)


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What is The Real Brokerage Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Real Brokerage's interest expense for the three months ended in Dec. 2024 was $ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0 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. The Real Brokerage's Operating Income for the three months ended in Dec. 2024 was $ -7 Mil. The Real Brokerage's Interest Expense for the three months ended in Dec. 2024 was $ -0 Mil. The Real Brokerage 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.


The Real Brokerage Interest Expense Historical Data

The historical data trend for The Real Brokerage'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.

The Real Brokerage Interest Expense Chart

The Real Brokerage Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.11 -0.10 -0.54 -0.07 -0.38

The Real Brokerage Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.12 -0.18 0.16 -0.25

The Real Brokerage 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0 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.


The Real Brokerage  (NAS:REAX) 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.

The Real Brokerage's Interest Expense for the three months ended in Dec. 2024 was $-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0 Mil.

The Real Brokerage's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

The Real Brokerage 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.


The Real Brokerage Business Description

Traded in Other Exchanges
Address
701 Brickell Avenue, 17th Avenue, Miami, FL, USA, 33131
The Real Brokerage Inc is a technology-powered real estate brokerage firm located in the United States and Canada. It has developed a proprietary transaction management and brokerage operations software called reZEN, which powers nearly all of its brokerage operations, enabling efficiency, automation, and flexibility by incorporating end-to-end transaction management, automated compliance and brokerage oversight, integrated payments and financial services, Leo CoPilot, and open API for customization. In addition, the company also offers mortgage brokering and title services. The company's operating segments are North American Brokerage, which derives key revenue, One Real Title, One Real Mortgage, and Real Wallet. Geographically, it derives key revenue from the United States.