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Q.Beyond AG (HAM:QBY) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Q.Beyond AG 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. Q.Beyond AG's Operating Income for the three months ended in Jun. 2024 was €-1.0 Mil. Q.Beyond AG's Interest Expense for the three months ended in Jun. 2024 was €-0.1 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 Q.Beyond AG's Interest Coverage or its related term are showing as below:


HAM:QBY's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.575
* 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.


Q.Beyond AG Interest Coverage Historical Data

The historical data trend for Q.Beyond AG'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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Q.Beyond AG Interest Coverage Chart

Q.Beyond AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Q.Beyond AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Q.Beyond AG's Interest Coverage

For the Information Technology Services subindustry, Q.Beyond AG'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.


Q.Beyond AG's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Q.Beyond AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Q.Beyond AG's Interest Coverage falls into.



Q.Beyond AG 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.

Q.Beyond AG'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, Q.Beyond AG's Interest Expense was €-0.5 Mil. Its Operating Income was €-17.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.2 Mil.

Q.Beyond AG did not have earnings to cover the interest expense.

Q.Beyond AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Q.Beyond AG's Interest Expense was €-0.1 Mil. Its Operating Income was €-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €6.4 Mil.

Q.Beyond AG 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.


Q.Beyond AG  (HAM:QBY) 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 .


Q.Beyond AG Interest Coverage Related Terms

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


Q.Beyond AG Business Description

Address
Richard-Byrd-Strasse 4, Cologne, DEU, 50829
Q.Beyond AG helps its customers find digital solutions for their business and then put them into practice. The company is into Cloud, SAP, and IoT. It focuses on a digital branch, tailored cloud, SAP S / 4HANA, and cyber security. The segments of the company are Cloud Segment and SAP Segment. The company derives maximum revenue from Cloud segment.

Q.Beyond AG Headlines

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