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DecisionPoint Systems (FRA:RS7) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is DecisionPoint Systems 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. DecisionPoint Systems's Operating Income for the three months ended in Mar. 2024 was €-0.8 Mil. DecisionPoint Systems's Interest Expense for the three months ended in Mar. 2024 was €-0.2 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 DecisionPoint Systems's Interest Coverage or its related term are showing as below:

FRA:RS7' s Interest Coverage Range Over the Past 10 Years
Min: 0.97   Med: 4.59   Max: 79.41
Current: 1.93


FRA:RS7's Interest Coverage is ranked worse than
90.18% of 1609 companies
in the Software industry
Industry Median: 29.36 vs FRA:RS7: 1.93

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


DecisionPoint Systems Interest Coverage Historical Data

The historical data trend for DecisionPoint Systems'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.

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DecisionPoint Systems Interest Coverage Chart

DecisionPoint Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 12.64 5.03 79.21 4.13

DecisionPoint Systems Quarterly Data
Sep15 Dec17 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage 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 92.50 6.40 9.34 0.94 -

Competitive Comparison of DecisionPoint Systems's Interest Coverage

For the Software - Application subindustry, DecisionPoint Systems'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.


DecisionPoint Systems's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where DecisionPoint Systems's Interest Coverage falls into.



DecisionPoint Systems 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.

DecisionPoint Systems's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, DecisionPoint Systems's Interest Expense was €-1.1 Mil. Its Operating Income was €4.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €7.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*4.379/-1.06
=4.13

DecisionPoint Systems's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, DecisionPoint Systems's Interest Expense was €-0.2 Mil. Its Operating Income was €-0.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.8 Mil.

DecisionPoint Systems 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.


DecisionPoint Systems  (FRA:RS7) 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 .


DecisionPoint Systems Interest Coverage Related Terms

Thank you for viewing the detailed overview of DecisionPoint Systems's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


DecisionPoint Systems (FRA:RS7) Business Description

Traded in Other Exchanges
Address
1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
DecisionPoint Systems Inc is an enterprise mobility systems integrator. It sells and installs mobile computing and wireless systems used both within a company's facilities with wireless networks and in the field using carrier-based wireless networks. The system includes mobile computers, mobile application software, and related data capture equipment including barcode scanners and radio frequency identification readers. It also offers professional services, proprietary and third-party software, and software customization as an integral part of its customized solutions for its customers. Its software's utilized in industries including retail, transportation logistics, management consulting, warehousing, and field service management.

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