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US Global Investors (US Global Investors) Interest Coverage : N/A (As of Dec. 2023)


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What is US Global Investors 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. US Global Investors's Operating Income for the three months ended in Dec. 2023 was $0.19 Mil. US Global Investors's Interest Expense for the three months ended in Dec. 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. US Global Investors Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for US Global Investors's Interest Coverage or its related term are showing as below:

GROW' s Interest Coverage Range Over the Past 10 Years
Min: 480.67   Med: No Debt   Max: No Debt
Current: 480.67


GROW's Interest Coverage is ranked better than
67.48% of 449 companies
in the Asset Management industry
Industry Median: 38.64 vs GROW: 480.67

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


US Global Investors Interest Coverage Historical Data

The historical data trend for US Global Investors'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.

US Global Investors Interest Coverage Chart

US Global Investors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A No Debt N/A 882.25

US Global Investors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 909.00 731.00 303.00 216.00 N/A

Competitive Comparison of US Global Investors's Interest Coverage

For the Asset Management subindustry, US Global Investors'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.


US Global Investors's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, US Global Investors's Interest Coverage distribution charts can be found below:

* The bar in red indicates where US Global Investors's Interest Coverage falls into.



US Global Investors 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.

US Global Investors's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, US Global Investors's Interest Expense was $-0.00 Mil. Its Operating Income was $3.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*3.529/-0.004
=882.25

US Global Investors's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, US Global Investors's Interest Expense was $0.00 Mil. Its Operating Income was $0.19 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.02 Mil.

GuruFocus does not calculate US Global Investors'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.


US Global Investors  (NAS:GROW) 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 .


US Global Investors Interest Coverage Related Terms

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


US Global Investors (US Global Investors) Business Description

Traded in Other Exchanges
Address
7900 Callaghan Road, San Antonio, TX, USA, 78229
US Global Investors Inc is a registered investment advisory firm. The company furnishes an investment program for each of the clients it manages and determines, subject to overall supervision by the applicable board of trustees of the clients, the clients investments pursuant to an advisory agreement. US Global manages the following business segments: Investment management services; Investment management services; and Corporate Investments. It derives all its revenue from Investment management services.
Executives
Frank E Holmes director, 10 percent owner, officer: CEO/CIO 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Jerold H Rubinstein director 9472 REMBERT LANE, BEVERLY HILLS CA 90210
Lydon Thomas F Jr director
Roy D Terracina director 7900 CALLAGHAN RD, SAN ANTONIO TX 78229
Lisa Callicotte officer: CFO 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Susan B Mcgee officer: President/General Counsel 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Catherine Ann Rademacher officer: Chief Financial Officer 7900 CALLAGHAN ROAD, SAN ANTONIO TX 78229
Praetorian Capital Management Llc 10 percent owner 3271 RIVIERA DRIVE, CORAL GABLES FL 33134
Tracy C Peterson officer: CFO/CAO