RYPTF (RNY Property Trust) Financial Strength: 0 (As of Jun. 2020)

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What is RNY Property Trust Financial Strength?

RNY Property Trust has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

RNY Property Trust did not have earnings to cover the interest expense. As of today, RNY Property Trust's Altman Z-Score is 0.00.


RNY Property Trust  (GREY:RYPTF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

RNY Property Trust has the Financial Strength Rank of 0.


RNY Property Trust Financial Strength Related Terms


RYPTF vs DLR, ARE, BXP: Financial Strength Comparison

For the REIT - Office subindustry, RNY Property Trust's Financial Strength, along with its competitors' market caps and Financial Strength 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.


RNY Property Trust Financial Strength vs REITs Industry

For the REITs industry and Real Estate sector, RNY Property Trust's Financial Strength distribution charts can be found below:

* The bar in red indicates where RNY Property Trust's Financial Strength falls into.



RNY Property Trust Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.

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:

RNY Property Trust's Interest Expense for the months ended in Jun. 2020 was $-0.05 Mil. Its Operating Income for the months ended in Jun. 2020 was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.09 Mil.

RNY Property Trust's Interest Coverage for the quarter that ended in Jun. 2020 is

RNY Property Trust did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

RNY Property Trust's Debt to Revenue Ratio for the quarter that ended in Jun. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2020 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.854 + 0.093) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

RNY Property Trust has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


RNY Property Trust Business Description

Industry Real EstateREITs
Address 37 Bligh Street, Level 3, Suite 301, Sydney, NSW, AUS, 2000
RNY Property Trust formerly Reckson New York Property Trust is a real estate investment trust with the primary strategy of investing in office properties in the New York Tri State area in the United States. It generates revenue in the form of rental income from investment properties. Its portfolio consists of more than 12 office properties in the New York Tri-State area key submarkets which include Westchester County, Fairfield County, and Northern New Jersey.