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The Real Brokerage (The Real Brokerage) Interest Expense : $0.0 Mil (TTM As of Mar. 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 Mar. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.0 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 Mar. 2024 was $ -6.5 Mil. The Real Brokerage's Interest Expense for the three months ended in Mar. 2024 was $ -0.1 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
Interest Expense
-0.58 -0.11 -0.10 -0.54 -0.07

The Real Brokerage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.22 0.08 0.08 -0.02 -0.12

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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 Mar. 2024 was $-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.0 Mil.

The Real Brokerage's Interest Coverage for the quarter that ended in Mar. 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 (The Real Brokerage) Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 302, Toronto, ON, CAN, M5H 2L3
The Real Brokerage Inc is a technology-powered real estate brokerage firm. It has developed, integrated, and adopted various mobile and desktop-focused technologies to create a comprehensive offering to its agents and to assist Real with its brokerage operations. The group delivers a cloud-based platform to improve efficiencies and empower real estate agents to provide a seamless end-to-end experience for homebuyers and sellers.