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Reven Housing REIT (Reven Housing REIT) Interest Expense : $-2.64 Mil (TTM As of Jun. 2019)


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What is Reven Housing REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reven Housing REIT's interest expense for the three months ended in Jun. 2019 was $ -0.80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-2.64 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. Reven Housing REIT's Operating Income for the three months ended in Jun. 2019 was $ -0.18 Mil. Reven Housing REIT's Interest Expense for the three months ended in Jun. 2019 was $ -0.80 Mil. Reven Housing REIT 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.


Reven Housing REIT Interest Expense Historical Data

The historical data trend for Reven Housing REIT'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.

Reven Housing REIT Interest Expense Chart

Reven Housing REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.74 -1.04 -1.33 -1.95

Reven Housing REIT Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -0.44 -0.44 -0.67 -0.73 -0.80

Reven Housing REIT 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.64 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.


Reven Housing REIT  (NAS:RVEN) 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.

Reven Housing REIT's Interest Expense for the three months ended in Jun. 2019 was $-0.80 Mil. Its Operating Income for the three months ended in Jun. 2019 was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was $60.45 Mil.

Reven Housing REIT's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Reven Housing REIT 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.


Reven Housing REIT (Reven Housing REIT) Business Description

Traded in Other Exchanges
N/A
Address
875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037
Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines