What is ReAlpha Tech Financial Strength?
ReAlpha Tech has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
ReAlpha Tech Corp shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It 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.
ReAlpha Tech did not have earnings to cover the interest expense.
ReAlpha Tech's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.49.
As of today, ReAlpha Tech's Altman Z-Score is 11.94.
Competitive Comparison of ReAlpha Tech's Financial Strength
For the Real Estate Services subindustry, ReAlpha Tech'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.
ReAlpha Tech's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, ReAlpha Tech's Financial Strength distribution charts can be found below:
* The bar in red indicates where ReAlpha Tech's Financial Strength falls into.
ReAlpha Tech 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:
ReAlpha Tech's Interest Expense for the
months ended in Mar. 2024 was $-0.01 Mil. Its Operating Income for the
months ended in Mar. 2024 was $-1.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.
ReAlpha Tech's Interest Coverage for the quarter that ended in Mar. 2024 is
| ReAlpha Tech 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.
ReAlpha Tech's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
ReAlpha Tech has a Z-score of 11.94, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 11.94 is strong.
* 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.
ReAlpha Tech (ReAlpha Tech) Business Description
Traded in Other Exchanges
Address
6515 Longshore Loop, Suite 100, Dublin, OH, USA, 43017
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 |
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