AMXX (Maxx Sports TV) Interest Coverage: No Debt (1) (As of Jun. 2003)


What is Maxx Sports TV Interest Coverage?

Maxx Sports TV AMXX -99.50% Interest Coverage is No Debt (1) as of Jun. 2003.

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. Maxx Sports TV's Operating Income for the three months ended in Jun. 2003 was $-0.17 Mil. Maxx Sports TV's Interest Expense for the three months ended in Jun. 2003 was $0.00 Mil. Maxx Sports TV has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


AMXX's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.88
* 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.

Maxx Sports TV  (OTCPK:AMXX) 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 .

Maxx Sports TV Interest Coverage Related Terms

Maxx Sports TV Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maxx Sports TV'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.

Maxx Sports TV Interest Coverage Chart

Maxx Sports TV Annual Data
Trend Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Maxx Sports TV Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 No Debt No Debt No Debt No Debt No Debt

AMXX vs BOXS, VEND, PMTS: Interest Coverage Comparison

For the Entertainment subindustry, Maxx Sports TV'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.

Maxx Sports TV Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Maxx Sports TV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maxx Sports TV's Interest Coverage falls into.


Maxx Sports TV 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.

Maxx Sports TV's Interest Coverage for the fiscal year that ended in Mar. 2002 is calculated as

Here, for the fiscal year that ended in Mar. 2002, Maxx Sports TV's Interest Expense was $0.00 Mil. Its Operating Income was $-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Maxx Sports TV had no debt (1).

Maxx Sports TV's Interest Coverage for the quarter that ended in Jun. 2003 is calculated as

Here, for the three months ended in Jun. 2003, Maxx Sports TV's Interest Expense was $0.00 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Maxx Sports TV had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Maxx Sports TV (AMXX) has a Interest Coverage of No Debt (1) as of Jun. 2003. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maxx Sports TV and its competitors.
Is Maxx Sports TV's Interest Coverage too high?
Maxx Sports TV's current Interest Coverage is No Debt (1).
How does Maxx Sports TV's Interest Coverage compare to BOXS and VEND?
Maxx Sports TV's Interest Coverage of No Debt (1) can be compared against companies in the Media - Diversified industry. The industry median Interest Coverage is 11.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.88, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maxx Sports TV and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxx Sports TV's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxx Sports TV stock overvalued right now?
Maxx Sports TV (AMXX) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Maxx Sports TV (AMXX), the current Interest Coverage is No Debt (1) as of Jun. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Maxx Sports TV Business Description

Address 3500 Elgin Street, Houston, TX, USA, 77004
Maxx Sports TV Inc is a technology development and content creation company. It has created automated broadcast hardware and software that have been used by amateur, semi-professional, and professional sports teams and leagues to produce and stream multi-camera television-quality content.