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6D Global Technologies (6D Global Technologies) Interest Coverage : 0 (At Loss) (As of Dec. 2015)


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What is 6D Global Technologies 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. 6D Global Technologies's Operating Income for the three months ended in Dec. 2015 was $-3.64 Mil. 6D Global Technologies's Interest Expense for the three months ended in Dec. 2015 was $-0.03 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 6D Global Technologies's Interest Coverage or its related term are showing as below:


SIXD's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.88
* 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.


6D Global Technologies Interest Coverage Historical Data

The historical data trend for 6D Global Technologies'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.

6D Global Technologies Interest Coverage Chart

6D Global Technologies Annual Data
Trend Aug07 Aug08 Aug09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - - - 3.36 -

6D Global Technologies Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 - - - - -

Competitive Comparison of 6D Global Technologies's Interest Coverage

For the Software - Application subindustry, 6D Global Technologies'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.


6D Global Technologies's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, 6D Global Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where 6D Global Technologies's Interest Coverage falls into.



6D Global Technologies 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.

6D Global Technologies's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, 6D Global Technologies's Interest Expense was $-0.28 Mil. Its Operating Income was $-8.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.23 Mil.

6D Global Technologies did not have earnings to cover the interest expense.

6D Global Technologies's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Here, for the three months ended in Dec. 2015, 6D Global Technologies's Interest Expense was $-0.03 Mil. Its Operating Income was $-3.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.23 Mil.

6D Global Technologies 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.


6D Global Technologies  (OTCPK:SIXD) 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 .


6D Global Technologies Interest Coverage Related Terms

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6D Global Technologies (6D Global Technologies) Business Description

Traded in Other Exchanges
N/A
Address
17 State Street, Suite 2550, New York, NY, USA, 10004
6D Global Technologies Inc is a digital business solutions company. It is serving the digital marketing and technology needs of global organizations. The company handcrafts digital insights for its clients by blending technical acumen with intelligent creative. Its services include consulting, mobile solutions, web experience, creative interfaces and many more. 6D's products include 6D AEM Mobile Entitlement System, Lingotek Inside Adobe Experiences Manager, Pando, and DPS To AEM Mobile Conversion.
Executives
Mark Paul Szynkowski officer: Chief Financial Officer 44 LAKEVIEW DRIVE, MONROE NY 10950
Arnold Staloff director 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003