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Business Warrior (Business Warrior) Interest Coverage : 0 (At Loss) (As of Aug. 2023)


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What is Business Warrior 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. Business Warrior's Operating Income for the three months ended in Aug. 2023 was $-0.97 Mil. Business Warrior's Interest Expense for the three months ended in Aug. 2023 was $-0.51 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 Business Warrior's Interest Coverage or its related term are showing as below:


BZWR's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.45
* 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.


Business Warrior Interest Coverage Historical Data

The historical data trend for Business Warrior'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.

Business Warrior Interest Coverage Chart

Business Warrior Annual Data
Trend Aug21 Aug22 Aug23
Interest Coverage
5.15 - -

Business Warrior Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Business Warrior's Interest Coverage

For the Software - Application subindustry, Business Warrior'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.


Business Warrior's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Business Warrior's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Business Warrior's Interest Coverage falls into.



Business Warrior 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.

Business Warrior's Interest Coverage for the fiscal year that ended in Aug. 2023 is calculated as

Here, for the fiscal year that ended in Aug. 2023, Business Warrior's Interest Expense was $-0.89 Mil. Its Operating Income was $-2.96 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.82 Mil.

Business Warrior did not have earnings to cover the interest expense.

Business Warrior's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the three months ended in Aug. 2023, Business Warrior's Interest Expense was $-0.51 Mil. Its Operating Income was $-0.97 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.82 Mil.

Business Warrior 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.


Business Warrior  (OTCPK:BZWR) 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 .


Business Warrior Interest Coverage Related Terms

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Business Warrior (Business Warrior) Business Description

Traded in Other Exchanges
N/A
Address
455 E Pebble Road, No 230912, Las Vegas, NV, USA, 89123-0912
Business Warrior Corp is a software development company. The firm's software improves businesses' ability to make decisions that help to get more customers, increase revenues, obtain access to growth capital, and build a professional legacy for themselves and their families. The company's flagship software product is PayPlan which offers an end-to-end consumer financing experience.