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ReAlpha Tech (ReAlpha Tech) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is ReAlpha Tech Interest Coverage?

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. ReAlpha Tech's Operating Income for the three months ended in Mar. 2024 was $-1.31 Mil. ReAlpha Tech's Interest Expense for the three months ended in Mar. 2024 was $-0.01 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ReAlpha Tech's Interest Coverage or its related term are showing as below:


AIRE's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.97
* 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.

ReAlpha Tech Interest Coverage Historical Data

The historical data trend for ReAlpha Tech'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.

ReAlpha Tech Interest Coverage Chart

ReAlpha Tech Annual Data
Trend Apr21 Apr22
Interest Coverage
No Debt -

ReAlpha Tech Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of ReAlpha Tech's Interest Coverage

For the Real Estate Services subindustry, ReAlpha Tech'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.

ReAlpha Tech's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ReAlpha Tech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ReAlpha Tech's Interest Coverage falls into.


ReAlpha Tech 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.

ReAlpha Tech's Interest Coverage for the fiscal year that ended in Apr. 2022 is calculated as

Here, for the fiscal year that ended in Apr. 2022, ReAlpha Tech's Interest Expense was $-0.18 Mil. Its Operating Income was $-4.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

ReAlpha Tech did not have earnings to cover the interest expense.

ReAlpha Tech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, ReAlpha Tech's Interest Expense was $-0.01 Mil. Its Operating Income was $-1.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

ReAlpha Tech 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.

ReAlpha Tech  (NAS:AIRE) 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 .

ReAlpha Tech Interest Coverage Related Terms

Thank you for viewing the detailed overview of ReAlpha Tech's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

ReAlpha Tech (ReAlpha Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ReAlpha Tech Corp (NAS:AIRE) » Definitions » Interest Coverage
Comparable Companies
COMP RDFN HOUS FRPH RMR MMI NMRK MLP REAX TCI CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW
Traded in Other Exchanges
Z4U:Germany
Address
6515 Longshore Loop, Suite 100, Dublin, OH, USA, 43017
Website
https://www.realpha.com
ReAlpha Tech Corp is an early-stage company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It offers retail investors the opportunity to participate in short-term rental properties it will acquire by offering interest in each property portfolio. Its revenues primarily consist of short-term rental revenues from the rental of its properties via Airbnb and such digital hospitality platforms. The company has two segments (i) platform services and (ii) rental business. The company generates the majority of its revenue from the Platform services segment.
Executives
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Giri Devanur director, 10 percent owner, officer: CEO and President 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jorge Aldecoa officer: Chief Operating Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Michael J. Logozzo officer: Chief Financial Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Monaz Karkaria director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Balaji Swaminathan director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Brian D. Cole director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017