eXp World Holdings (eXp World Holdings) Interest Coverage

: No Debt ⁽¹⁾ (As of Dec. 2023)

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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. eXp World Holdings's Operating Income for the three months ended in Dec. 2023 was $-19 Mil. eXp World Holdings's Interest Expense for the three months ended in Dec. 2023 was $0 Mil. eXp World Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. eXp World Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

(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 eXp World Holdings's Interest Coverage or its related term are showing as below:

EXPI's Interest Coverage is not ranked ^*
in the Real Estate industry.
Industry Median: 3.98
* Ranked among companies with meaningful Interest Coverage only.

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

eXp World Holdings Interest Coverage Historical Data

The historical data trend for eXp World Holdings'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.

* Premium members only.

eXp World Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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N/A

No Debt

eXp World Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															N/A	N/A	N/A	No Debt	No Debt

Competitive Comparison

For the Real Estate Services subindustry, eXp World Holdings'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.

eXp World Holdings Interest Coverage Distribution

For the Real Estate industry and Real Estate sector, eXp World Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where eXp World Holdings's Interest Coverage falls into.

eXp World Holdings 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.

eXp World Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, eXp World Holdings's Interest Expense was $0 Mil. Its Operating Income was $-7 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

eXp World Holdings had no debt ⁽¹⁾.

eXp World Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, eXp World Holdings's Interest Expense was $0 Mil. Its Operating Income was $-19 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

eXp World Holdings had no debt ⁽¹⁾.

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

eXp World Holdings (NAS:EXPI) 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 .

eXp World Holdings Interest Coverage Related Terms

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eXp World Holdings (eXp World Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » eXp World Holdings Inc (NAS:EXPI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

44Y:Germany

Address

2219 Rimland Drive, Suite 301, Bellingham, WA, USA, 98226

Website

https://www.expworldholdings.com

eXp World Holdings Inc is a cloud-based residential real estate company. The company owns and operates a cloud-based real estate brokerage and a technology platform business that develops and uses immersive technologies that help businesses increase their effectiveness and reduce costs from operating in traditional brick and mortar office spaces. Its business categories include Real Estate Brokerage, Technology Products and Services, Title, Escrow, Settlement Services, and Mortgage Brokerage Services. The company mainly operates in the United States and Canada, and it also has operations in the United Kingdom, Australia, South Africa, France, India, Portugal, and Mexico, among others.

Executives

Jason Gesing	director, officer: President	291 MAIN STREET, WEST NEWBURY MA 01985
Fred Reichheld	director	131 DARTMOUTH STREET, BOSTON MA 02116
Jose Enrique Valdes	officer: President, eXp Global	2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Jeff Whiteside	officer: CFO and CCO	2219 RIMLAND DRIVE, SUITE 301, BELLINGHAM WA 98226
James Bramble	officer: General Counsel	3838 W PARKWAY BLVD, SALT LAKE CITY X1 84120
Jian Cheng	officer: Controller	303 VICTORIA WAY, CHALFONT PA 18914
Randall D Miles	director	1321 KING STREET, SUITE 1, BELLINGHAM WA 98226
Penny Sanford	10 percent owner	3488 SPRINGHILL PLACE, BELLINGHAM WA 98226
Glenn Darrel Sanford	director, 10 percent owner, officer: Pres., Secretary, Treasurer	910 HARRIS AVENUE, #305, BELLINGHAM WA 98225
Chakarun Courtney Keating	officer: Chief Marketing Officer	2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Peggie Pelosi	director	3838 WEST PARKWAY BLVD., SALT LAKE CITY UT 84111
Eugene Frederick	director	2219 RIMLAND DRIVE, SUITE 301, BELLINGHAM WA 98226
Leonardo Pareja	officer: Chief Strategy Officer	2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Monica Weakley	director	2219 RIMLAND DR STE 301, BELLINGHAM WA 98226
Felicia J. Gentry	director	201 UNIVERSITY OAKS BLVD STE 540-121, ROUND ROCK TX 78665