Investor Centre (ASX:ICU) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is Investor Centre 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. Investor Centre's Operating Income for the six months ended in Dec. 2023 was A$0.00 Mil. Investor Centre's Interest Expense for the six months ended in Dec. 2023 was A$-0.09 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 Investor Centre's Interest Coverage or its related term are showing as below:

ASX:ICU's Interest Coverage is not ranked ^*
in the Capital Markets industry.
Industry Median: 21.615
* 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.

Investor Centre Interest Coverage Historical Data

The historical data trend for Investor Centre'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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Investor Centre Interest Coverage Chart

Investor Centre Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

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No Debt

Investor Centre Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Investor Centre's Interest Coverage

For the Capital Markets subindustry, Investor Centre'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.

Investor Centre's Interest Coverage Distribution in the Capital Markets Industry

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

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

Investor Centre 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.

Investor Centre's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Investor Centre's Interest Expense was A$-0.08 Mil. Its Operating Income was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

Investor Centre's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Investor Centre's Interest Expense was A$-0.09 Mil. Its Operating Income was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.07 Mil.

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

Investor Centre (ASX:ICU) 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 .

Investor Centre Interest Coverage Related Terms

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Investor Centre (ASX:ICU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Investor Centre Ltd (ASX:ICU) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

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Address

10 Eagle Street, Level 19, Brisbane, QLD, AUS, 4000

Website

https://www.birfinancial.com.au

Investor Centre Ltd through its subsidiary provides financial services. The company is engaged in a diversified financial services business which provides financial services to private wholesale and institutional and corporate clients. Its primary source of continuing revenue is the provision of licensing to Corporate Authorised Representatives (CAR's) who act as Introducing Brokers (IB's) for broker platforms and master brokers.