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Global Arena Holding (Global Arena Holding) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Global Arena Holding 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. Global Arena Holding's Operating Income for the three months ended in Sep. 2023 was $-0.08 Mil. Global Arena Holding's Interest Expense for the three months ended in Sep. 2023 was $-0.23 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 Global Arena Holding's Interest Coverage or its related term are showing as below:


GAHC's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.37
* 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.


Global Arena Holding Interest Coverage Historical Data

The historical data trend for Global Arena Holding'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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Global Arena Holding Interest Coverage Chart

Global Arena Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
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Global Arena Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Global Arena Holding's Interest Coverage

For the Software - Application subindustry, Global Arena Holding'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.


Global Arena Holding's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Global Arena Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Global Arena Holding's Interest Coverage falls into.



Global Arena Holding 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.

Global Arena Holding's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Global Arena Holding's Interest Expense was $-0.85 Mil. Its Operating Income was $-1.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global Arena Holding did not have earnings to cover the interest expense.

Global Arena Holding's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Global Arena Holding's Interest Expense was $-0.23 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global Arena Holding 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.


Global Arena Holding  (OTCPK:GAHC) 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 .


Global Arena Holding Interest Coverage Related Terms

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


Global Arena Holding (Global Arena Holding) Business Description

Traded in Other Exchanges
N/A
Address
208 East 51 Street, Suite 112, New York, NY, USA, 10022
Global Arena Holding Inc is a United States-based holding company that operates through its three subsidiary companies; GES provides comprehensive technology-enabled paper Absentee/Mail Ballot and Online election services to organizations such as craft and trade organizations, labor unions, political parties, universities, and political organizations, Tidewater Energy Group Inc explores opportunities in the oil, gas, mineral, and energy business, and GAHI Acquisition explores opportunities in the energy and minerals business, which may provide investment opportunities, including the possibility of providing blockchain technology software to energy and mineral companies.
Executives
Anthony Jr. Crisci officer: Chief Financial Officer 39 RUSSET ROAD, SANDY HOOK CT 06482
Robert M Pickus 10 percent owner C/O TRUMP TAJ MAHAL, 1000 BROADWAY, NEW YORK NY 10022
Gca Ventures, Llc 10 percent owner 420 LEXINGTON AVE, SUITE 1718, NEW YORK NY 10170
Daniel D Rubino 10 percent owner C/O GCA VENTURES, 420 LEXINGTON AVENUE, SUITE 1718, NEW YORK NY 10170
George C Dolatly 10 percent owner C/O GCA VENTURES, 420 LEXINGTON AVENUE, SUITE 1718, NEW YORK NY 10170
Pelham Dr Llc 10 percent owner C/O GCA VENTURES, 420 LEXINGTON AVENUE, SUITE 1718, NEW YORK NY 10170
Brian Zucker director, officer: Secretary 31 CHAGALL ROAD, MARLBORO NJ 07746
Chenghui Wei director, 10 percent owner, officer: Chairman QIAOTOUHU, CHENGUAN TOWN, NINGHAI CITY, ZHEJIANG F4 315611
Ray Grimm director 3246 GREY HAWK COURT, CARLSBAD CA 92010
Gerald W Montiel officer: Chairman, CEO, & President 1414 S TROMONT ST, OCEANSIDE CA 92054
Sandra L Evans officer: VP Distribution & Secretary 1414 S TROMONT ST, OCEANSIDE CA 92054
James R Smith director 1414 S TROMONT ST, OCEANSIDE CA 92054
Eric M Montiel officer: Vice President-Sales 1405 SOUTH COAST HIGHWAY, OCEANSIDE CA 92054
Todd W Schmidt officer: Chief Financial Officer
Julia Sargent Knudson officer: President & COO 1414 S TROMONT ST, OCEANSIDE CA 92054

Global Arena Holding (Global Arena Holding) Headlines