GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Transnational Group Inc (OTCPK:TAMG) » Definitions » Interest Coverage

Transnational Group (Transnational Group) Interest Coverage : No Debt (1) (As of Aug. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Transnational Group 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. Transnational Group's Operating Income for the six months ended in Aug. 2023 was $-0.00 Mil. Transnational Group's Interest Expense for the six months ended in Aug. 2023 was $0.00 Mil. Transnational Group has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Transnational Group's Interest Coverage or its related term are showing as below:

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


TAMG's Interest Coverage is ranked better than
99.68% of 627 companies
in the Media - Diversified industry
Industry Median: 11.54 vs TAMG: 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.


Transnational Group Interest Coverage Historical Data

The historical data trend for Transnational Group'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.

Transnational Group Interest Coverage Chart

Transnational Group Annual Data
Trend Feb01 Feb02 Feb03 Feb04 Feb05 Feb06 Feb07 Feb08
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Transnational Group Semi-Annual Data
Feb01 Feb02 Aug02 Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Aug22 Aug23
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Transnational Group's Interest Coverage

For the Entertainment subindustry, Transnational Group'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.


Transnational Group's Interest Coverage Distribution in the Media - Diversified Industry

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

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



Transnational Group 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.

Transnational Group's Interest Coverage for the fiscal year that ended in Feb. 2008 is calculated as

Here, for the fiscal year that ended in Feb. 2008, Transnational Group's Interest Expense was $0.00 Mil. Its Operating Income was $-4.66 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Transnational Group had no debt (1).

Transnational Group's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the six months ended in Aug. 2023, Transnational Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Transnational Group had no debt (1).

* 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.


Transnational Group  (OTCPK:TAMG) 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 .


Transnational Group Interest Coverage Related Terms

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


Transnational Group (Transnational Group) Business Description

Traded in Other Exchanges
N/A
Address
26 S Rio Grande Street, Suite 2072, Salt Lake City, UT, USA, 84101
Transnational Group Inc is a software and technology company using artificial intelligence to build content. Its Bokoo TV OTT platform will offer an affordable TV like experience with hundreds of live channels and On Demand available on the wed, mobile device apps, Roku, Amazon Fire, Samsung and other prominent smart TV platforms targeting and genres of content and focused not only on English language but content focused on the diaspora populations globally being Indian, Russian, Filipino, Chinese, Vietnamese and others in their native languages, first in North America and then globally.
Executives
Joseph W Parker director, 10 percent owner, officer: President/CEO 8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc 10 percent owner 8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman officer: CFO 24215 13TH PLACE W, BOTHELL WA 98021

Transnational Group (Transnational Group) Headlines

No Headlines