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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:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
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.
Wireless Telecom Group Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 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 | - | N/A | - | - | N/A |
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.
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.
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 .
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.
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 |
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