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AZ (A2Z Cust2Mate Solutions) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is A2Z Cust2Mate Solutions 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. A2Z Cust2Mate Solutions's Operating Income for the three months ended in Sep. 2024 was $-2.91 Mil. A2Z Cust2Mate Solutions's Interest Expense for the three months ended in Sep. 2024 was $-0.08 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 A2Z Cust2Mate Solutions's Interest Coverage or its related term are showing as below:


AZ's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.185
* 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.


A2Z Cust2Mate Solutions Interest Coverage Historical Data

The historical data trend for A2Z Cust2Mate Solutions'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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A2Z Cust2Mate Solutions Interest Coverage Chart

A2Z Cust2Mate Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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A2Z Cust2Mate Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of A2Z Cust2Mate Solutions's Interest Coverage

For the Software - Application subindustry, A2Z Cust2Mate Solutions'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.


A2Z Cust2Mate Solutions's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, A2Z Cust2Mate Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where A2Z Cust2Mate Solutions's Interest Coverage falls into.


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A2Z Cust2Mate Solutions 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.

A2Z Cust2Mate Solutions's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, A2Z Cust2Mate Solutions's Interest Expense was $-0.06 Mil. Its Operating Income was $-17.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.64 Mil.

A2Z Cust2Mate Solutions did not have earnings to cover the interest expense.

A2Z Cust2Mate Solutions's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, A2Z Cust2Mate Solutions's Interest Expense was $-0.08 Mil. Its Operating Income was $-2.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.42 Mil.

A2Z Cust2Mate Solutions 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.


A2Z Cust2Mate Solutions  (NAS:AZ) 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 .


A2Z Cust2Mate Solutions Interest Coverage Related Terms

Thank you for viewing the detailed overview of A2Z Cust2Mate Solutions's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


A2Z Cust2Mate Solutions Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
A2Z Cust2Mate Solutions Corp is engaged in creating shopping carts. With the help of a user-friendly smart algorithm, touch screen, and other technologies, the company streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply pick & go, and bypass long cashier checkout lines.