What is Reliability Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Reliability's interest expense for the
three
months ended in Mar. 2024 was $ -0.02 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.07 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. Reliability's Operating Income for the
three
months ended in Mar. 2024 was $ -0.24 Mil. Reliability's Interest Expense for the
three
months ended in Mar. 2024 was $ -0.02 Mil.
Reliability 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.
Reliability 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 $-0.07 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.
Reliability (OTCPK:RLBY) 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.
Reliability's Interest Expense for the
three
months ended in Mar. 2024 was $-0.02 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $0.00 Mil.
Reliability's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| Reliability 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.
Reliability (Reliability) Business Description
Traded in Other Exchanges
N/A
Address
12124 Skylark Road, Clarksburg, MD, USA, 20871
Reliability Inc provides workforce solutions to its clients consisting primarily of Employer of Record (EOR) services, recruiting and staffing, and video and multimedia production. It operates within four industry segments: EOR, Recruiting and Staffing, Video and Multimedia Production, and Direct Hire. The EOR segment which generates a majority of revenue for the company provides media field talent to a host of large corporate customers. The company's clients are in diverse industries including media, financial services including banking, medical devices, pharmaceuticals, telecommunications, energy, healthcare, and education.
Executives
| Kalyan Pathuri |
10 percent owner |
6206 COLCHESTER RD., FAIRFAX VA 22030 |
| Silvija Valleru |
10 percent owner |
C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850 |
| Naveen Doki |
10 percent owner |
C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850 |
| Nick Tsahalis |
officer: President |
C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850 |
| Mark R. Speck |
director, officer: Chief Financial Officer |
C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850 |
| Shirisha Janumpally |
10 percent owner |
C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850 |
| Julia Marshall Dayton |
director, 10 percent owner |
53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870 |
| Shawn Spain Miles |
director |
53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870 |
| Alexander S Rosenbluth |
director |
53 FOREST AVENUE, 1ST FLOOR, OLD GREEWICH CO 06870 |
| Lone Star Value Investors Lp |
10 percent owner |
53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870 |
| Jeffrey E. Eberwein |
10 percent owner |
53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870 |
| Lone Star Value Management Llc |
10 percent owner |
53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870 |
| Lone Star Value Investors Gp Llc |
10 percent owner |
53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870 |
| Derosa William Thomas Jr. |
director |
53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870 |
| Hannah M. Bible |
director |
53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870 |
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