GURUFOCUS.COM » STOCK LIST » Technology » Software » Investview Inc (OTCPK:INVU) » Definitions » Interest Coverage

Investview (Investview) Interest Coverage : 9.07 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Investview 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. Investview's Operating Income for the three months ended in Dec. 2023 was $2.86 Mil. Investview's Interest Expense for the three months ended in Dec. 2023 was $-0.32 Mil. Investview's interest coverage for the quarter that ended in Dec. 2023 was 9.07. The higher the ratio, the stronger the company's financial strength is.

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

INVU' s Interest Coverage Range Over the Past 10 Years
Min: 0.18   Med: 2.16   Max: 5.48
Current: 5.48


INVU's Interest Coverage is ranked worse than
76.63% of 1600 companies
in the Software industry
Industry Median: 29.37 vs INVU: 5.48

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


Investview Interest Coverage Historical Data

The historical data trend for Investview'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.

Investview Interest Coverage Chart

Investview Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.18 2.16 5.47

Investview 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 - 1.32 4.37 7.12 9.07

Competitive Comparison of Investview's Interest Coverage

For the Software - Application subindustry, Investview'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.


Investview's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Investview's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Investview's Interest Coverage falls into.



Investview 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.

Investview's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Investview's Interest Expense was $-1.26 Mil. Its Operating Income was $6.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.67 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*6.885/-1.258
=5.47

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

Here, for the three months ended in Dec. 2023, Investview's Interest Expense was $-0.32 Mil. Its Operating Income was $2.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.67 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*2.857/-0.315
=9.07

* 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.


Investview  (OTCPK:INVU) 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 .


Investview Interest Coverage Related Terms

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


Investview (Investview) Business Description

Traded in Other Exchanges
N/A
Address
521 West Lancaster Avenue, Second Floor, Haverford, PA, USA, 19041
Investview Inc operates a financial technology services company, offering several different lines of business, provides research, education, and investment tools designed to assist the self-directed investor in successfully navigating the financial markets. The services include research, trade alerts, and live trading rooms that consist of instruction in equities, options, FOREX, ETFs, binary options, crowdfunding, and cryptocurrency mining services and sector education. The firm also provides education and software applications to assist the individual in debt reduction, increased savings, budgeting, and proper tax management.
Executives
Myles P Gill officer: Director of Operations 234 INDUSTRIAL WAY WEST, STE. A202, EATONTOWN NJ 07724
Victor M Oviedo director, officer: Chief Executive Officer 234 INDUSTRIAL WAY WEST, STE. A202, EATONTOWN NJ 07724
Ralph R. Valvano officer: CHIEF FINANCIAL OFFICER 234 INDUSTRIAL WAY WEST, SUITE A202, EATONTOWN NJ 07724
Chad Miller director, 10 percent owner 287 N. HOMESTEAD LANE, FRUIT HEIGHTS UT 84037
Ryan Robins Smith director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 1836 W. PHILLIPS STREET, KAYSVILLE UT 84037
David B. Rothrock director 1645 KECKS ROAD, BREINIGSVILLE PA 18031
James R. Bell director 6490 WOODBINE AVENUE, PHILADELPHIA PA 19151
William C Kosoff director, officer: CFO and Director
Annette Raynor director, 10 percent owner, officer: CHIEF OPERATING OFFICER 281 HWY 34, SUITE 204B, COLTS NECK NJ 07722
Mario Romano 10 percent owner 281 HIGHWAY 34, SUITE 204B, COLTS NECK NJ 07722
Joseph Cammarata director, officer: CHIEF EXECUTIVE OFFICER 234 INDUSTRIAL WAY WEST, EATONTOWN NJ 07724
Jayme L Mcwidener officer: CHIEF FINANCIAL OFFICER 1070, MECHAM LANE, MIDVALE UT 84047
Joseph W. Hagan other: < 5% Holder 139 STONE HILL ROAD, 7TH FLOOR, COLTS NECK NY 07722
Joseph J Louro director, officer: CEO 287 EAST 950 SOUTH, OREM UT 84058
David Kelley officer: Chief Operating Officer 6940 COLUMBIA GATEWAY DR, SUITE 200, COLUMBIA MD 21046