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Allied Minds (Allied Minds) Interest Coverage : 0 (At Loss) (As of Dec. 2022)


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What is Allied Minds 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. Allied Minds's Operating Income for the six months ended in Dec. 2022 was $-3.20 Mil. Allied Minds's Interest Expense for the six months ended in Dec. 2022 was $0.05 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 Allied Minds's Interest Coverage or its related term are showing as below:


ALLWF's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 40.02
* 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.


Allied Minds Interest Coverage Historical Data

The historical data trend for Allied Minds'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.

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Allied Minds Interest Coverage Chart

Allied Minds Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
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Allied Minds Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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Competitive Comparison of Allied Minds's Interest Coverage

For the Asset Management subindustry, Allied Minds'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.


Allied Minds's Interest Coverage Distribution in the Asset Management Industry

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

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



Allied Minds 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.

Allied Minds'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, Allied Minds's Interest Expense was $-0.11 Mil. Its Operating Income was $-7.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Allied Minds did not have earnings to cover the interest expense.

Allied Minds's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Allied Minds's Interest Expense was $0.05 Mil. Its Operating Income was $-3.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

* 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.


Allied Minds  (OTCPK:ALLWF) 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 .


Allied Minds Interest Coverage Related Terms

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


Allied Minds (Allied Minds) Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Allied Minds PLC is a holding company that, through its subsidiaries, provides and sells life sciences and information technology products and services. It operates in three segments namely the Early stage, Later stage, and Minority holdings companies. Its portfolio comprises semiconductors, wireless connectivity, space-based analytics, medical devices, and molecular compounds.

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