Equity Story Group (ASX:EQS) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Equity Story Group 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. Equity Story Group's Operating Income for the six months ended in Dec. 2024 was A$-0.90 Mil. Equity Story Group's Interest Expense for the six months ended in Dec. 2024 was A$-0.03 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 Equity Story Group's Interest Coverage or its related term are showing as below:

ASX:EQS's Interest Coverage is not ranked ^*
in the Capital Markets industry.
Industry Median: 20.1
* 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.

Equity Story Group Interest Coverage Historical Data

The historical data trend for Equity Story Group'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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Equity Story Group Interest Coverage Chart

Equity Story Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Interest Coverage

No Debt

Equity Story Group Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Equity Story Group's Interest Coverage

For the Capital Markets subindustry, Equity Story Group'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.

Equity Story Group's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Equity Story Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Equity Story Group's Interest Coverage falls into.

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Equity Story Group 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.

Equity Story Group's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Equity Story Group's Interest Expense was A$-0.17 Mil. Its Operating Income was A$-1.42 Mil. And its Long-Term Debt & Capital Lease Obligation was A$2.21 Mil.

Equity Story Group did not have earnings to cover the interest expense.

Equity Story Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Equity Story Group's Interest Expense was A$-0.03 Mil. Its Operating Income was A$-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was A$1.06 Mil.

Equity Story Group did not have earnings to cover the interest expense.

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

Equity Story Group (ASX:EQS) 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 .

Equity Story Group Interest Coverage Related Terms

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

Equity Story Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Equity Story Group Ltd (ASX:EQS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 North Fort Road, Barracks Precinct, Manly, NSW, AUS, 2095

Website

https://www.equitystory.com.au

Equity Story Group Ltd is engaged in the business of stock market trading advice, research, investor education, and funds management. It has two operating segments which were Equity Story Pty Ltd and Equity Story Securities Pty Limited and Others.