SELECT * FROM `stock_list` WHERE `symbol` = "ANDR" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='ANDR' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "ANDR" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 ANDR (Andrea Electronics) Interest Coverage
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Andrea Electronics Corp (OTCPK:ANDR) » Definitions » Interest Coverage

Andrea Electronics (Andrea Electronics) Interest Coverage : 0 (At Loss) (As of Dec. 2022)


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What is Andrea Electronics 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. Andrea Electronics's Operating Income for the three months ended in Dec. 2022 was $-0.25 Mil. Andrea Electronics's Interest Expense for the three months ended in Dec. 2022 was $-0.04 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 Andrea Electronics's Interest Coverage or its related term are showing as below:


ANDR's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.34
* 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.


Andrea Electronics Interest Coverage Historical Data

The historical data trend for Andrea Electronics'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.

Andrea Electronics Interest Coverage Chart

Andrea Electronics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Andrea Electronics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - 0.46 -

Competitive Comparison of Andrea Electronics's Interest Coverage

For the Consumer Electronics subindustry, Andrea Electronics'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.


Andrea Electronics's Interest Coverage Distribution in the Hardware Industry

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

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



Andrea Electronics 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.

Andrea Electronics'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, Andrea Electronics's Interest Expense was $-0.10 Mil. Its Operating Income was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.77 Mil.

Andrea Electronics did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2022, Andrea Electronics's Interest Expense was $-0.04 Mil. Its Operating Income was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.77 Mil.

Andrea Electronics did not have earnings to cover the interest expense.

* 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.


Andrea Electronics  (OTCPK:ANDR) 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 .


Andrea Electronics Interest Coverage Related Terms

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


Andrea Electronics (Andrea Electronics) Business Description

Traded in Other Exchanges
N/A
Address
620 Johnson Avenue, Suite 1B, Bohemia, NY, USA, 11716
Andrea Electronics Corp is engaged in the design, development, and manufacturing of digital microphone products and noise reduction software that facilitate natural language, human, and machine interfaces. The company's technologies assist in eliminating background noise to enable the optimum performance of various speech-based and audio applications. It operates through two segments. The Patent monetization segment consists of monetization revenues. Its Andrea DSP microphone & audio software products segment includes products such as Andrea digital super directional array microphone technology, Andrea direction-finding & tracking array microphone technology, Andrea pure audio noise-filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology.
Executives
Joseph J Migliozzi director
Douglas J Andrea director, officer: President & CEO C/O ANDREA ELECTRONICS CORPORATION, 65 ORVILLE RAOD, BOHEMIA NY 11716
Louis Libin director C/O ANDREA ELECTRONICS CORP, 45 MELVILLE PARK ROAD, MELVILLE NY 11747
Guiffre Corisa officer: Vice President & CFO ANDREA ELECTRONICS CORPORATION, 65 ORVILLE ROAD, BOHEMIA NY 11716
Gary A Jones director 45 MELVILLE PARK ROAD, MELVILLE NY 11747
Jonathan D Spaet director
Scott Koondel director 45 MELVINE PORK RD, C/O ANDRE ELECTRONICS CORP, MELVILLE NY 11747
John R Croteau director 45 MELVINE PORK RD, C/O ANDRE ELECTRONICS CORP, MELVILLE NY 11747
Paul Donofrio director, officer: President & CEO C/O ANDREA ELECTRONICS CORPORATION, 45 MELVILLE PARK ROAD, MELVILLE NY 11747