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Wealth Dragons Group (WBO:WDG) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Wealth Dragons 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. Wealth Dragons Group's Operating Income for the six months ended in . 20 was €0.00 Mil. Wealth Dragons Group's Interest Expense for the six months ended in . 20 was €0.00 Mil. did not have earnings to cover the interest expense. 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 Wealth Dragons Group's Interest Coverage or its related term are showing as below:


WBO:WDG's Interest Coverage is not ranked *
in the Education industry.
Industry Median: 15.145
* 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.


Wealth Dragons Group Interest Coverage Historical Data

The historical data trend for Wealth Dragons 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.

Wealth Dragons Group Interest Coverage Chart

Wealth Dragons Group Annual Data
Trend
Interest Coverage

Wealth Dragons Group Semi-Annual Data
Interest Coverage

Competitive Comparison of Wealth Dragons Group's Interest Coverage

For the Education & Training Services subindustry, Wealth Dragons 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.


Wealth Dragons Group's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Wealth Dragons Group's Interest Coverage distribution charts can be found below:

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



Wealth Dragons 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.

Wealth Dragons Group's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Wealth Dragons 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.

Wealth Dragons Group had no debt (1).

Wealth Dragons Group's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Wealth Dragons 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.

Wealth Dragons 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.


Wealth Dragons Group  (WBO:WDG) 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 .


Wealth Dragons Group Interest Coverage Related Terms

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


Wealth Dragons Group (WBO:WDG) Business Description

Traded in Other Exchanges
N/A
Address
Carina House West, Sunrise Parkway, Linford Wood Business Park, Linford Wood, Milton Keynes, Buckinghamshire, GBR, MK14 6LS
Wealth Dragons Group PLC is a United Kingdom-based promoter of live seminars and training programs that offer people tools and skills for increasing their asset-based wealth and creating passive income. Its programs combine motivational tools and real-life practice skills.

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