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Oscillate (AQSE:MUSH) Interest Coverage : No Debt (1) (As of Nov. 2023)


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What is Oscillate 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. Oscillate's Operating Income for the six months ended in Nov. 2023 was £-0.26 Mil. Oscillate's Interest Expense for the six months ended in Nov. 2023 was £0.00 Mil. Oscillate has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Oscillate PLC has no debt.

(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 Oscillate's Interest Coverage or its related term are showing as below:

AQSE:MUSH' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


AQSE:MUSH's Interest Coverage is not ranked
in the Asset Management industry.
Industry Median: 39.105 vs AQSE:MUSH: No Debt

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


Oscillate Interest Coverage Historical Data

The historical data trend for Oscillate'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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Oscillate Interest Coverage Chart

Oscillate Annual Data
Trend Nov18 Nov19 Nov21 Nov22 Nov23
Interest Coverage
No Debt No Debt No Debt No Debt No Debt

Oscillate Semi-Annual Data
May18 Nov18 May19 Nov19 May20 May21 Nov21 May22 Nov22 May23 Nov23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Oscillate's Interest Coverage

For the Asset Management subindustry, Oscillate'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.


Oscillate's Interest Coverage Distribution in the Asset Management Industry

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

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



Oscillate 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.

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

Here, for the fiscal year that ended in Nov. 2023, Oscillate's Interest Expense was £0.00 Mil. Its Operating Income was £-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Oscillate had no debt (1).

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

Here, for the six months ended in Nov. 2023, Oscillate's Interest Expense was £0.00 Mil. Its Operating Income was £-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Oscillate 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.


Oscillate  (AQSE:MUSH) 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 .


Oscillate Interest Coverage Related Terms

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


Oscillate (AQSE:MUSH) Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Oscillate PLC is an investment issuer designed to acquire investment positions in companies exposed to sectors of the market. It invests in Psychedelics, Medicinal Cannabis, and Specialist Situations.

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