What is Remark Hldgs Inc's earnings per share (EPS)?

Remark Hldgs Inc (MARK) reported diluted earnings per share of $-1.74 for fiscal year 2023. This represents a 66.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Remark Hldgs Inc Financials

MARK

Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2024 Currency USD FYE December

This page shows Remark Hldgs Inc (MARK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MARK FY2023 2026-04-22

Tiny gross profit and repeated financing dependence show a business still funding operations from outside capital, not customers.

FY2021's accounting profit was not cash profit: net income reached $27.5M while operating cash flow was -$20.2M. By FY2023, financing cash of $10.6M almost matched operating outflow of -$10.5M, showing that cash needs were still being met from outside the business rather than from customers.

FY2023's gross margin rebound to 24.5% did not repair the model because gross profit was still only $1.1M. With SG&A plus R&D far above that level, the problem is business scale and fixed overhead absorption, not just one weak year of product economics.

The balance sheet is liquidity-tight and liability-heavy, with a current ratio of 0.2x and shareholders' equity at -$39.6M. Because current liabilities dominate total liabilities, obligations appear near-term rather than pushed far into the future, which increases the importance of extensions, conversions, or fresh financing.

Financial Health Signals

Financial health score pending refresh

We are recalculating Remark Hldgs Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

-66.93

Remark Hldgs Inc scores -66.93, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($74K) relative to total liabilities ($49.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Remark Hldgs Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.36x

For every $1 of reported earnings, Remark Hldgs Inc generates $0.36 in operating cash flow (-$10.5M OCF vs -$29.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-4.0x

Remark Hldgs Inc earns $-4.0 in operating income for every $1 of interest expense (-$17.2M vs $4.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.4M

YoY-62.3%

5Y CAGR-15.2%

10Y CAGR+8.0%

Remark Hldgs Inc generated $4.4M in revenue in fiscal year 2023. This represents a decrease of 62.3% from the prior year.

EBITDA

-$16.9M

YoY+20.2%

Remark Hldgs Inc's EBITDA was -$16.9M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 20.2% from the prior year.

Net Income

-$29.1M

YoY+47.5%

Remark Hldgs Inc reported -$29.1M in net income in fiscal year 2023. This represents an increase of 47.5% from the prior year.

EPS (Diluted)

$-1.74

YoY+66.7%

Remark Hldgs Inc earned $-1.74 per diluted share (EPS) in fiscal year 2023. This represents an increase of 66.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$10.5M

YoY+38.4%

Remark Hldgs Inc generated -$10.5M in free cash flow in fiscal year 2023, representing cash available after capex. This represents an increase of 38.4% from the prior year.

Cash & Debt

$145K

YoY+178.8%

5Y CAGR-36.6%

10Y CAGR-19.5%

Remark Hldgs Inc held $145K in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

21M

YoY+81.4%

Remark Hldgs Inc had 21M shares outstanding in fiscal year 2023. This represents an increase of 81.4% from the prior year.

Margins & Returns

Gross Margin

24.5%

YoY+21.6pp

5Y CAGR+52.9pp

Remark Hldgs Inc's gross margin was 24.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is up 21.6 percentage points from the prior year.

Operating Margin

-389.8%

YoY-207.2pp

5Y CAGR+52.8pp

10Y CAGR-102.5pp

Remark Hldgs Inc's operating margin was -389.8% in fiscal year 2023, reflecting core business profitability. This is down 207.2 percentage points from the prior year.

Net Margin

-662.1%

YoY-186.5pp

5Y CAGR-447.7pp

10Y CAGR-322.1pp

Remark Hldgs Inc's net profit margin was -662.1% in fiscal year 2023, showing the share of revenue converted to profit. This is down 186.5 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$1.9M

YoY-9.9%

5Y CAGR-15.5%

Remark Hldgs Inc invested $1.9M in research and development in fiscal year 2023. This represents a decrease of 9.9% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$51K

YoY-88.6%

5Y CAGR-30.2%

10Y CAGR-8.2%

Remark Hldgs Inc invested $51K in capex in fiscal year 2023, funding long-term assets and infrastructure. This represents a decrease of 88.6% from the prior year.

MARK Income Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Revenue	$4.4M-62.3%	$11.7M-27.0%	$16.0M+57.6%	$10.1M+102.1%	$5.0M-50.1%	$10.1M
Cost of Revenue	$3.3M-70.7%	$11.3M-1.1%	$11.5M+78.4%	$6.4M+82.8%	$3.5M-72.8%	$12.9M
Gross Profit	$1.1M+222.1%	$335K-92.6%	$4.5M+21.8%	$3.7M+147.2%	$1.5M+152.8%	-$2.9M
R&D Expenses	$1.9M-9.9%	$2.1M-55.2%	$4.7M+13.3%	$4.1M+15.9%	$3.6M-18.7%	$4.4M
SG&A Expenses	$13.4M-27.3%	$18.4M+30.3%	$14.1M+50.7%	$9.4M-33.9%	$14.2M-50.3%	$28.5M
Operating Income	-$17.2M+19.4%	-$21.3M-53.2%	-$13.9M+2.4%	-$14.2M+37.4%	-$22.8M+48.9%	-$44.5M
Interest Expense	$4.3M-29.3%	$6.1M+163.1%	$2.3M+72.0%	$1.3M-28.5%	$1.9M-42.0%	$3.2M
Income Tax	$0+100.0%	-$9K-200.0%	$9K	$0	$0+100.0%	-$140K
Net Income	-$29.1M+47.5%	-$55.5M-302.0%	$27.5M+300.7%	-$13.7M+46.6%	-$25.6M-18.8%	-$21.6M
EPS (Diluted)	$-1.74+66.7%	$-5.22-293.3%	$2.70	$-0.16	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$320K-91.3%	$3.7M+855.8%	$387K+71.2%	$226K+23.5%	$183K-94.2%	$3.2M+283.4%	$826K-49.3%	$1.6M
Cost of Revenue	$107K-96.3%	$2.9M+735.7%	$350K+239.8%	$103K-59.4%	$254K-89.9%	$2.5M+451.9%	$455K-83.5%	$2.8M
Gross Profit	$213K-72.5%	$774K+1991.9%	$37K-69.9%	$123K+273.2%	-$71K-110.8%	$656K+76.8%	$371K+132.9%	-$1.1M
R&D Expenses	$698K+90.7%	$366K+5.8%	$346K-11.1%	$389K-49.3%	$768K+35.4%	$567K+235.5%	$169K-84.6%	$1.1M
SG&A Expenses	$2.8M-16.1%	$3.3M+9.0%	$3.0M-32.1%	$4.5M+56.7%	$2.8M-12.4%	$3.2M+14.5%	$2.8M-25.5%	$3.8M
Operating Income	-$10.0M-212.6%	-$3.2M+13.1%	-$3.7M+38.7%	-$6.0M-46.0%	-$4.1M-4.3%	-$4.0M-30.1%	-$3.0M+52.7%	-$6.4M
Interest Expense	$376K-60.9%	$961K+1.9%	$943K0.0%	$943K-0.6%	$949K+10.6%	$858K-44.4%	$1.5M+106.4%	$748K
Income Tax	N/A	N/A	$0	N/A	$0	N/A	$0	$0
Net Income	-$9.6M-82.8%	-$5.3M+61.9%	-$13.8M-73.7%	-$7.9M-10.7%	-$7.2M-22.1%	-$5.9M+28.0%	-$8.2M+5.1%	-$8.6M
EPS (Diluted)	$-0.19-58.3%	$-0.12+70.0%	$-0.40	N/A	$-0.39+7.1%	$-0.42+33.3%	$-0.63	N/A

MARK Balance Sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Total Assets	$10.2M-29.1%	$14.4M-80.9%	$75.5M+567.5%	$11.3M-23.7%	$14.8M-84.2%	$93.8M
Current Assets	$9.4M-23.2%	$12.3M-83.5%	$74.5M+746.9%	$8.8M+28.3%	$6.9M-84.5%	$44.1M
Cash & Equivalents	$145K+178.8%	$52K-99.6%	$14.2M+1561.2%	$854K+214.0%	$272K-80.7%	$1.4M
Inventory	$750K+143.5%	$308K-77.1%	$1.3M+54.0%	$874K	$0-100.0%	$587K
Accounts Receivable	$1.3M-58.4%	$3.1M-69.9%	$10.3M+104.2%	$5.0M+156.0%	$2.0M-65.9%	$5.8M
Goodwill	N/A	N/A	N/A	N/A	$0	$0
Total Liabilities	$49.8M+42.9%	$34.9M-21.6%	$44.5M+118.0%	$20.4M-52.1%	$42.6M-60.2%	$106.9M
Current Liabilities	$49.5M+42.3%	$34.8M-21.7%	$44.4M+160.5%	$17.1M-54.9%	$37.8M-63.2%	$102.6M
Long-Term Debt	N/A	N/A	$0-100.0%	$1.4M	$0	$0
Total Equity	-$39.6M-93.8%	-$20.4M-165.8%	$31.0M+441.3%	-$9.1M+67.2%	-$27.7M-111.3%	-$13.1M
Retained Earnings	-$417.7M-7.5%	-$388.5M-16.7%	-$333.0M+7.6%	-$360.5M-3.9%	-$346.8M-8.0%	-$321.2M

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$2.6M-80.4%	$13.3M+31.2%	$10.1M-1.0%	$10.2M-17.4%	$12.4M-3.6%	$12.9M-9.3%	$14.2M-1.8%	$14.4M
Current Assets	$1.6M-72.8%	$5.9M-35.1%	$9.2M-3.0%	$9.4M-9.8%	$10.5M0.0%	$10.5M-13.9%	$12.2M-1.1%	$12.3M
Cash & Equivalents	$21K-95.2%	$438K+83.3%	$239K+64.8%	$145K-46.3%	$270K+29.8%	$208K-42.9%	$364K+600.0%	$52K
Inventory	$814K+26.0%	$646K-12.9%	$742K-1.1%	$750K+64.8%	$455K+29.6%	$351K+13.6%	$309K+0.3%	$308K
Accounts Receivable	$302K-93.1%	$4.4M+277.6%	$1.2M-10.3%	$1.3M-57.7%	$3.0M-11.7%	$3.4M+26.7%	$2.7M-12.0%	$3.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$58.2M-2.4%	$59.7M+13.5%	$52.6M+5.5%	$49.8M+10.0%	$45.3M+9.8%	$41.3M+3.3%	$40.0M+14.6%	$34.9M
Current Liabilities	$58.1M-2.3%	$59.5M+13.6%	$52.3M+5.6%	$49.5M+10.1%	$45.0M+10.0%	$40.9M+2.4%	$39.9M+14.7%	$34.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$55.6M-20.0%	-$46.4M-9.2%	-$42.4M-7.2%	-$39.6M-20.3%	-$32.9M-15.8%	-$28.4M-10.3%	-$25.8M-26.2%	-$20.4M
Retained Earnings	-$446.3M-2.2%	-$436.7M-1.2%	-$431.5M-3.3%	-$417.7M-1.9%	-$409.7M-1.8%	-$402.6M-1.5%	-$396.7M-2.1%	-$388.5M

MARK Cash Flow Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	-$10.5M+37.1%	-$16.6M+17.6%	-$20.2M-11.8%	-$18.0M+8.8%	-$19.8M-22.1%	-$16.2M
Capital Expenditures	$51K-88.6%	$448K+100.9%	$223K-23.1%	$290K+3525.0%	$8K-97.4%	$308K
Free Cash Flow	-$10.5M+38.4%	-$17.1M+16.3%	-$20.4M-11.2%	-$18.3M+7.4%	-$19.8M-19.9%	-$16.5M
Investing Cash Flow	-$51K-101.1%	$4.8M+129.7%	$2.1M+823.8%	-$290K-102.5%	$11.5M+572.9%	-$2.4M
Financing Cash Flow	$10.6M+552.9%	-$2.3M-107.5%	$31.4M+66.0%	$18.9M+211.6%	-$17.0M-271.7%	$9.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	-$920K+66.4%	-$2.7M+19.0%	-$3.4M-146.2%	-$1.4M+64.4%	-$3.9M-22.5%	-$3.1M-51.3%	-$2.1M+30.2%	-$3.0M
Capital Expenditures	$2K-99.1%	$235K-29.2%	$332K+1647.4%	$19K-26.9%	$26K+1200.0%	$2K-50.0%	$4K-98.5%	$273K
Free Cash Flow	-$922K+69.0%	-$3.0M+19.9%	-$3.7M-166.7%	-$1.4M+64.2%	-$3.9M-23.3%	-$3.1M-51.1%	-$2.1M+36.0%	-$3.3M
Investing Cash Flow	-$2K+99.1%	-$235K+29.2%	-$332K-1647.4%	-$19K+26.9%	-$26K-1200.0%	-$2K+50.0%	-$4K+98.8%	-$337K
Financing Cash Flow	$505K-84.1%	$3.2M-16.7%	$3.8M+200.5%	$1.3M-67.9%	$3.9M+31.8%	$3.0M+24.9%	$2.4M-20.0%	$3.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MARK Financial Ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Gross Margin	24.5%+21.6pp	2.9%-25.5pp	28.4%-8.3pp	36.7%+6.7pp	30.0%+58.3pp	-28.3%
Operating Margin	-389.8%-207.2pp	-182.6%-95.6pp	-87.0%+53.4pp	-140.4%+312.9pp	-453.3%-10.6pp	-442.6%
Net Margin	-662.1%-186.5pp	-475.6%-647.4pp	171.8%+306.7pp	-134.9%+375.4pp	-510.2%-295.8pp	-214.4%
Return on Equity	N/A	N/A	88.5%	N/A	N/A	N/A
Return on Assets	-284.8%+99.6pp	-384.3%-420.7pp	36.4%+157.4pp	-121.0%+51.8pp	-172.8%-149.8pp	-23.0%
Current Ratio	0.19-0.2	0.35-1.3	1.68+1.2	0.52+0.3	0.18-0.2	0.43
Debt-to-Equity	-1.26+0.4	-1.71-1.7	0.00+0.2	-0.16-0.2	0.000.0	0.00
FCF Margin	-238.7%-92.4pp	-146.3%-18.7pp	-127.6%+53.2pp	-180.8%+213.6pp	-394.3%-230.1pp	-164.3%

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	66.6%+45.6pp	20.9%+11.4pp	9.6%-44.9pp	54.4%+93.2pp	-38.8%-59.5pp	20.7%-24.2pp	44.9%+114.0pp	-69.1%
Operating Margin	-3139.1%-3052.2pp	-86.9%+868.2pp	-955.0%+1713.1pp	-2668.1%-411.9pp	-2256.3%-2131.3pp	-125.0%+243.4pp	-368.4%+26.6pp	-395.0%
Net Margin	-3004.4%-2862.2pp	-142.2%+3421.4pp	-3563.6%-50.7pp	-3512.8%+406.3pp	-3919.1%-3733.7pp	-185.5%+802.7pp	-988.1%-460.1pp	-528.0%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-368.1%-328.5pp	-39.5%+96.5pp	-136.0%-58.5pp	-77.6%-19.7pp	-57.9%-12.2pp	-45.7%+11.9pp	-57.6%+2.0pp	-59.6%
Current Ratio	0.03-0.1	0.10-0.1	0.17-0.0	0.19-0.0	0.23-0.0	0.26-0.0	0.30-0.0	0.35
Debt-to-Equity	-1.05+0.2	-1.29-0.0	-1.24+0.0	-1.26+0.1	-1.38+0.1	-1.45+0.1	-1.55+0.2	-1.71
FCF Margin	-288.1%-207.8pp	-80.3%+878.3pp	-958.7%-343.2pp	-615.5%+1505.8pp	-2121.3%-2021.9pp	-99.4%+152.9pp	-252.3%-52.6pp	-199.8%

Note: Shareholder equity is negative (-$39.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.19), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Remark Hldgs Inc's annual revenue?

Remark Hldgs Inc (MARK) reported $4.4M in total revenue for fiscal year 2023. This represents a -62.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Remark Hldgs Inc's revenue growing?

Remark Hldgs Inc (MARK) revenue declined by 62.3% year-over-year, from $11.7M to $4.4M in fiscal year 2023.

Is Remark Hldgs Inc profitable?

No, Remark Hldgs Inc (MARK) reported a net income of -$29.1M in fiscal year 2023, with a net profit margin of -662.1%.

What is Remark Hldgs Inc's EBITDA?

Remark Hldgs Inc (MARK) had EBITDA of -$16.9M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is Remark Hldgs Inc's gross margin?

Remark Hldgs Inc (MARK) had a gross margin of 24.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is Remark Hldgs Inc's operating margin?

Remark Hldgs Inc (MARK) had an operating margin of -389.8% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is Remark Hldgs Inc's net profit margin?

Remark Hldgs Inc (MARK) had a net profit margin of -662.1% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Remark Hldgs Inc's free cash flow?

Remark Hldgs Inc (MARK) generated -$10.5M in free cash flow during fiscal year 2023. This represents a 38.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Remark Hldgs Inc's operating cash flow?

Remark Hldgs Inc (MARK) generated -$10.5M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Remark Hldgs Inc's total assets?

Remark Hldgs Inc (MARK) had $10.2M in total assets as of fiscal year 2023, including both current and long-term assets.

What are Remark Hldgs Inc's capital expenditures?

Remark Hldgs Inc (MARK) invested $51K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How much does Remark Hldgs Inc spend on research and development?

Remark Hldgs Inc (MARK) invested $1.9M in research and development during fiscal year 2023.

How many shares does Remark Hldgs Inc have outstanding?

Remark Hldgs Inc (MARK) had 21M shares outstanding as of fiscal year 2023.

What is Remark Hldgs Inc's current ratio?

Remark Hldgs Inc (MARK) had a current ratio of 0.19 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Remark Hldgs Inc's debt-to-equity ratio?

Remark Hldgs Inc (MARK) had a debt-to-equity ratio of -1.26 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Remark Hldgs Inc's return on assets (ROA)?

Remark Hldgs Inc (MARK) had a return on assets of -284.8% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Remark Hldgs Inc's cash runway?

Based on fiscal year 2023 data, Remark Hldgs Inc (MARK) had $145K in cash against an annual operating cash burn of $10.5M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Remark Hldgs Inc's debt-to-equity ratio negative or unusual?

Remark Hldgs Inc (MARK) has negative shareholder equity of -$39.6M as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Remark Hldgs Inc's Altman Z-Score?

Remark Hldgs Inc (MARK) has an Altman Z-Score of -66.93, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Remark Hldgs Inc's Piotroski F-Score?

Remark Hldgs Inc (MARK) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Remark Hldgs Inc's earnings high quality?

Remark Hldgs Inc (MARK) has an earnings quality ratio of 0.36x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Remark Hldgs Inc cover its interest payments?

Remark Hldgs Inc (MARK) has an interest coverage ratio of -4.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.