BCHG (Grayscale Bitcoin Cash TR BCH) Interest Coverage: No Debt (1) (As of Mar. 2021)

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What is Grayscale Bitcoin Cash TR BCH Interest Coverage?

Grayscale Bitcoin Cash TR BCH BCHG +0.52% Interest Coverage is No Debt (1) as of Mar. 2021.

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. Grayscale Bitcoin Cash TR BCH's Operating Income for the three months ended in Mar. 2021 was $43.35 Mil. Grayscale Bitcoin Cash TR BCH's Interest Expense for the three months ended in Mar. 2021 was $0.00 Mil. Grayscale Bitcoin Cash TR BCH has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Grayscale Bitcoin Cash TR BCH's Interest Coverage or its related term are showing as below:


BCHG's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 46.02
* 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.


Grayscale Bitcoin Cash TR BCH  (OTCPK:BCHG) 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 .


Grayscale Bitcoin Cash TR BCH Interest Coverage Related Terms


Grayscale Bitcoin Cash TR BCH Interest Coverage Historical Data

* Premium members only.

The historical data trend for Grayscale Bitcoin Cash TR BCH'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.

Grayscale Bitcoin Cash TR BCH Interest Coverage Chart

Grayscale Bitcoin Cash TR BCH Annual Data
Trend Jun18 Jun19 Jun20
Interest Coverage
No Debt No Debt No Debt

Grayscale Bitcoin Cash TR BCH Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

BCHG vs : Interest Coverage Comparison

For the Asset Management subindustry, Grayscale Bitcoin Cash TR BCH'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.


Grayscale Bitcoin Cash TR BCH Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Bitcoin Cash TR BCH's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grayscale Bitcoin Cash TR BCH's Interest Coverage falls into.



Grayscale Bitcoin Cash TR BCH 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.

Grayscale Bitcoin Cash TR BCH's Interest Coverage for the fiscal year that ended in Jun. 2020 is calculated as

Here, for the fiscal year that ended in Jun. 2020, Grayscale Bitcoin Cash TR BCH's Interest Expense was $0.00 Mil. Its Operating Income was $-3.57 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Grayscale Bitcoin Cash TR BCH had no debt (1).

Grayscale Bitcoin Cash TR BCH's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Here, for the three months ended in Mar. 2021, Grayscale Bitcoin Cash TR BCH's Interest Expense was $0.00 Mil. Its Operating Income was $43.35 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Grayscale Bitcoin Cash TR BCH 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Grayscale Bitcoin Cash TR BCH (BCHG) has a Interest Coverage of No Debt (1) as of Mar. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors.
Is Grayscale Bitcoin Cash TR BCH's Interest Coverage too high?
Grayscale Bitcoin Cash TR BCH's current Interest Coverage is No Debt (1).
How does Grayscale Bitcoin Cash TR BCH's Interest Coverage compare to ?
Grayscale Bitcoin Cash TR BCH's Interest Coverage of No Debt (1) can be compared against companies in the Asset Management industry. The industry median Interest Coverage is 46.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Asset Management company?
The median Interest Coverage among Asset Management companies is 46.02, based on 485 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors. For the Asset Management industry, the median Interest Coverage is 46.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Bitcoin Cash TR BCH's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Bitcoin Cash TR BCH stock overvalued right now?
Grayscale Bitcoin Cash TR BCH (BCHG) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Grayscale Bitcoin Cash TR BCH (BCHG), the current Interest Coverage is No Debt (1) as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grayscale Bitcoin Cash TR BCH Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Bitcoin Cash TR BCH provides platform for digital currency investing. It provides investment products like single-asset, diversified, large cap funds, and others. The company operates as a digital currency asset manager.