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Wow Unlimited Media (Wow Unlimited Media) Interest Coverage : 3.29 (As of Sep. 2021)


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What is Wow Unlimited Media 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. Wow Unlimited Media's Operating Income for the three months ended in Sep. 2021 was $1.19 Mil. Wow Unlimited Media's Interest Expense for the three months ended in Sep. 2021 was $-0.36 Mil. Wow Unlimited Media's interest coverage for the quarter that ended in Sep. 2021 was 3.29. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Wow Unlimited Media Inc interest coverage is 2.29, which is low.

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

WOWMF' s Interest Coverage Range Over the Past 10 Years
Min: 0.45   Med: 0.45   Max: 2.29
Current: 2.29


WOWMF's Interest Coverage is not ranked
in the Media - Diversified industry.
Industry Median: 11.54 vs WOWMF: 2.29

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


Wow Unlimited Media Interest Coverage Historical Data

The historical data trend for Wow Unlimited Media'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.

Wow Unlimited Media Interest Coverage Chart

Wow Unlimited Media Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 - - - -

Wow Unlimited Media Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - 2.80 0.89 2.04 3.29

Competitive Comparison of Wow Unlimited Media's Interest Coverage

For the Entertainment subindustry, Wow Unlimited Media'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.


Wow Unlimited Media's Interest Coverage Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Wow Unlimited Media's Interest Coverage falls into.



Wow Unlimited Media 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.

Wow Unlimited Media's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Wow Unlimited Media's Interest Expense was $-1.52 Mil. Its Operating Income was $-1.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $13.01 Mil.

Wow Unlimited Media did not have earnings to cover the interest expense.

Wow Unlimited Media's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Wow Unlimited Media's Interest Expense was $-0.36 Mil. Its Operating Income was $1.19 Mil. And its Long-Term Debt & Capital Lease Obligation was $13.08 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*1.189/-0.361
=3.29

* 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.


Wow Unlimited Media  (OTCPK:WOWMF) 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 .


Wow Unlimited Media Interest Coverage Related Terms

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


Wow Unlimited Media (Wow Unlimited Media) Business Description

Traded in Other Exchanges
N/A
Address
200 - 2025 West Broadway, Vancouver, BC, CAN, V6J 1Z6
Wow Unlimited Media Inc is an animation-focused entertainment company producing content and building brands and audiences on global media platforms. The company's operating segment include Animation production and Networks and Platforms. It generates maximum revenue from the Networks and Platforms segment. Geographically, it derives most of the revenue from the United States. The company's media assets include Channel Frederator Network on YouTube, as well as WOW! branded programming on Bell Media's streaming entertainment platform, Crave.

Wow Unlimited Media (Wow Unlimited Media) Headlines