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Wireless Telecom Group (Wireless Telecom Group) Interest Coverage : N/A (As of Mar. 2023)


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What is Wireless Telecom 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. Wireless Telecom Group's Operating Income for the three months ended in Mar. 2023 was $-1.38 Mil. Wireless Telecom Group's Interest Expense for the three months ended in Mar. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


WTT's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.55
* 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.


Wireless Telecom Group Interest Coverage Historical Data

The historical data trend for Wireless Telecom 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.

Wireless Telecom Group Interest Coverage Chart

Wireless Telecom Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 - - - -

Wireless Telecom Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - N/A - - N/A

Competitive Comparison of Wireless Telecom Group's Interest Coverage

For the Communication Equipment subindustry, Wireless Telecom 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.


Wireless Telecom Group's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wireless Telecom Group's Interest Coverage distribution charts can be found below:

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



Wireless Telecom 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.

Wireless Telecom Group's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Wireless Telecom Group's Interest Expense was $-0.13 Mil. Its Operating Income was $-2.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.36 Mil.

Wireless Telecom Group did not have earnings to cover the interest expense.

Wireless Telecom Group's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Wireless Telecom Group's Interest Expense was $0.00 Mil. Its Operating Income was $-1.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.33 Mil.

GuruFocus does not calculate Wireless Telecom Group's interest coverage with the available data.

* 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.


Wireless Telecom Group  (AMEX:WTT) 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 .


Wireless Telecom Group Interest Coverage Related Terms

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


Wireless Telecom Group (Wireless Telecom Group) Business Description

Traded in Other Exchanges
N/A
Address
25 Eastmans Road, Parsippany, NJ, USA, 07054
Wireless Telecom Group Inc is a designer and manufacturer of advanced radio frequency (RF) and microwave components, modules, systems, and instruments. Serving aerospace and defense companies, military and government agencies, satellite communication companies, semiconductor manufacturers, and other technology companies. The company's products include RF power meters, sensors and analyzers, RF synthesizers, noise generators and components and phased noise analyzers. The company's services include calibration, repair and maintenance.
Executives
Manko Joseph M. Jr. 10 percent owner 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
Jennifer M Fritzsche director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Alfred Rodriguez officer: Chief Revenue Officer C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD, PARSIPPANY NJ 07054
Timothy Whelan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS ROAD, PARSIPANNY NJ 07054
Michael Kandell officer: Chief Financial Officer C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Horton Capital Partners Fund, L.p. 10 percent owner 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Horton Capital Partners, Llc 10 percent owner 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Horton Capital Management, Llc 10 percent owner 1717 ARCH STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Daniel Monopoli officer: Chief Technology Officer WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Weinstein Allan D.l. director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Bell Don Carlos Iii director 3713 SOUTHWESTERN BLVD, DALLAS TX 75225
E Wayne Nordberg 10 percent owner C/O HOLLOW BROOK WEALTH MANAGEMENT LLC, 420 LEXINGTON AVENUE, SUITE 2840, NEW YORK NY 10170
Philip E. Richter 10 percent owner C/O HOLLOW BROOK WEALTH MANAGEMENT LLC, 420 LEXINGTON AVENUE, SUITE 2840, NEW YORK NY 10170