Video Display (Video Display) Interest Coverage

: 0 (At Loss) (As of Nov. 2023)

View and export this data going back to 2015. Start your Free Trial

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. Video Display's Operating Income for the three months ended in Nov. 2023 was $-0.42 Mil. Video Display's Interest Expense for the three months ended in Nov. 2023 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

VIDE's Interest Coverage is not ranked ^*
in the Hardware industry.
Industry Median: 12.69
* 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.

Video Display Interest Coverage Historical Data

The historical data trend for Video Display'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.

Video Display Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Interest Coverage

Video Display Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Interest Coverage																-	-	-	-	-

Competitive Comparison

For the Computer Hardware subindustry, Video Display'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.

Video Display Interest Coverage Distribution

For the Hardware industry and Technology sector, Video Display's Interest Coverage distribution charts can be found below:

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

Video Display 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.

Video Display's Interest Coverage for the fiscal year that ended in Feb. 2023 is calculated as

Here, for the fiscal year that ended in Feb. 2023, Video Display's Interest Expense was $-0.02 Mil. Its Operating Income was $-2.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.17 Mil.

Video Display did not have earnings to cover the interest expense.

Video Display's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the three months ended in Nov. 2023, Video Display's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Video Display did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Video Display (OTCPK:VIDE) 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 .

Video Display Interest Coverage Related Terms

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

Video Display (Video Display) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Video Display Corp (OTCPK:VIDE) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

5155 King Street, Cocoa, FL, USA, 32926

Website

https://www.videodisplay.com

Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.

Executives

Ronald D Ordway	director, 10 percent owner, officer: CEO	1868 TUCKER INDL RD, TUCKER GA 30084
Jonathan R Ordway	10 percent owner
David Saunders Cooper	director	2476 OLDFIELD ROAD NW, ATLANTA GA 30327
Lusby Roger Winfield Iii	director	5604 BAHIA MAR CIRCLE, STONE MOUNTAIN GA 30087
Gregory Lee Osborn	director, officer: Chief Financial Officer	1374 CARRINGTON WAY, LAWRENCEVILLE GA 30044
David Allen Heiden	officer: President & COO	6078 WINDSONG WAY, STONE MOUNTAIN GA 30087
Ervin Kuczogi	director	P O BOX 353, WHITE MILLS PA 18473
Michael Delen Boyd	officer: CFO	1451 BEVERLY DRIVE, ATHENS GA 30606
Thibeault Ernest Joseph Iii	director	603 OLD MAMMOTH ROAD, LONDONDERRY NH 03053
Carolyn C Howard	director	279 MOUNTAIN ROAD, JAFFREY NH 03452
Carleton E Sawyer	director	C/O VIDEO DISPLAY CORP, 13 PINE RIDGE RD, LOUDON NH 03307-0830
Murray G Fox	director, officer: CEO - Fox International, Ltd
Carol D Franklin	officer: CFO
Peter Frend	director	1107 LIBERTY SQUARE RD, BOXBOROUGH MA 01719