Kidoz (KDOZF) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Kidoz 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. Kidoz's Operating Income for the three months ended in Mar. 2024 was $-0.69 Mil. Kidoz's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Kidoz has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kidoz Inc has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

The historical rank and industry rank for Kidoz's Interest Coverage or its related term are showing as below:

KDOZF' s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

KDOZF's Interest Coverage is ranked better than
99.67% of 612 companies
in the Media - Diversified industry
Industry Median: 11.615 vs KDOZF: No Debt

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

Kidoz Interest Coverage Historical Data

The historical data trend for Kidoz'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.

Kidoz Interest Coverage Chart

Kidoz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

N/A

No Debt

Kidoz Quarterly Data
	Jun19	Sep19	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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Kidoz's Interest Coverage

For the Advertising Agencies subindustry, Kidoz'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.

Kidoz's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kidoz's Interest Coverage distribution charts can be found below:

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

Kidoz 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.

Kidoz'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, Kidoz's Interest Expense was $0.00 Mil. Its Operating Income was $-2.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kidoz had no debt ⁽¹⁾.

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

Here, for the three months ended in Mar. 2024, Kidoz's Interest Expense was $0.00 Mil. Its Operating Income was $-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kidoz had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Kidoz (OTCPK:KDOZF) 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 .

Kidoz Interest Coverage Related Terms

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

Kidoz (KDOZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kidoz Inc (OTCPK:KDOZF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

KIDZ:Canada

Address

1685 West 4th Avenue, Suite 220, Vancouver, BC, CAN, V6J 1L8

Website

https://www.kidoz.net

Kidoz Incs is an AdTech software developer and owner of the mobile Kidoz Safe Ad Network. The group help create a free and safe mobile app environment for children by enabling content producers to monetize their apps and video with safe, relevant, and fun ads. It provides an essential suite of advertising technology that unites brands, content publishers, and families. The Kidoz network does not use location or PII data tracking commonly used in digital advertising. Kidoz has developed advanced contextual targeting tools to enable brands to reach their ideal customers with complete brand safety. It generates the majority of its revenue from Ad tech advertising.

Executives

Pendinas Ltd	10 percent owner	BALLACARRICK, POOILVAAISH ROAD, CASTLETOWN Y8 IM9 4PJ
Tryon M Williams	director, 10 percent owner, officer: Chief Executive Officer	C/O KIDOZ INC., SUITE 220, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Tora Eldad Ben	director	BE'ER GANIM 54, PO BOX 483, EVEN YEHUDA L3 4050935
Moshe David	director	59 HERUT STREET, BINYAMINA L3 30500
Claes Kalborg	director	TATTBYVAGEN 11, SALTSJOBADEN V7 133 34
Gwynn Williams	10 percent owner	BALLACARRICK, POOILVAAISH ROAD, CASTLETOWN Y8 IM9 4PJ
Williams Jason Miles Jm	director, officer: VP Business Development	SUITE 220,, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Moore William George Ashton	director	CLARE HALL, NR SUDBURY, CLARE X0 CO108PJ
Henry W Bromley	officer: Chief Financial Officer	C/O KIDOZ INC., SUITE 220, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Christopher Mark Devereux	director	SUITE 103, 1715 COOK STREET, VANCOUVER A1 V5Y 3J6
Ljungerud Ebba Dagmar Lucie	director	FLAT 6, 8 COLVILLE TERRACE, LONDON X0 W11 2BE
Praetorian Capital Management Llc	10 percent owner	3271 RIVIERA DRIVE, CORAL GABLES FL 33134
Petter Nylander	director	FLAT 4, 83 LADBROKE GROVE, LONDON X0 W11 2HB
Group Plc Unibet	10 percent owner	FAWWARA BUILDINGS, MSIRA ROAD, GZIRA O1 GZR1402
Fiona Mary Curtis	director	ARD NA MARA, PO BOX 1127,, LITTLE HARBOUR 1A AI-2640