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BKTI (BK Technologies) Interest Coverage : N/A (As of Mar. 2025)


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What is BK Technologies 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. BK Technologies's Operating Income for the three months ended in Mar. 2025 was $2.92 Mil. BK Technologies's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. BK Technologies Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for BK Technologies's Interest Coverage or its related term are showing as below:

BKTI' s Interest Coverage Range Over the Past 10 Years
Min: 29.43   Med: No Debt   Max: No Debt
Current: 106.1


BKTI's Interest Coverage is ranked better than
80.77% of 1602 companies
in the Hardware industry
Industry Median: 13.105 vs BKTI: 106.10

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


BK Technologies Interest Coverage Historical Data

The historical data trend for BK Technologies'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.

* Premium members only.

BK Technologies Interest Coverage Chart

BK Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.25 - - - 29.43

BK Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.65 19.10 2,611.00 - N/A

Competitive Comparison of BK Technologies's Interest Coverage

For the Communication Equipment subindustry, BK Technologies'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.


BK Technologies's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BK Technologies's Interest Coverage distribution charts can be found below:

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


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BK Technologies 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.

BK Technologies's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, BK Technologies's Interest Expense was $-0.27 Mil. Its Operating Income was $7.83 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.71 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*7.828/-0.266
=29.43

BK Technologies's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, BK Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $2.92 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.60 Mil.

GuruFocus does not calculate BK Technologies's interest coverage with the available data.

* 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.


BK Technologies  (AMEX:BKTI) 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 .


BK Technologies Interest Coverage Related Terms

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


BK Technologies Business Description

Traded in Other Exchanges
N/A
Address
7100 Technology Drive, West Melbourne, FL, USA, 32904
BK Technologies Corp a holding company, operates through its subsidiary, BK Technologies, Inc., specializing in designing, manufacturing, and marketing wireless communications equipment. Its Radio business unit offers two-way land mobile radios (LMRs) serving government and public safety markets, as well as industrial and commercial enterprises. The SaaS business unit focuses on public safety smartphone applications, enhancing first responders' safety and efficiency. The BKRplay application, tethered to BK radios, amplifies user capabilities, expanding the reach of their radio sales. Its product portfolio consists of two-way land mobile radios, handheld radios, radios installed in vehicles.
Executives
Charles T Lanktree director 6 LAYER DR., MORRIS PLANS NJ 07950
John M Suzuki director, officer: CEO 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Scott A. Malmanger officer: CFO and Secretary 13506 SUMMERPORT PKWY #160, WINDERMERE FL 34786
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Robert Joseph Jackson director 743 JETTON STREET, DAVIDSON NC 28036
Bk Technologies Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Lloyd Roberts Sams director 10849 FLOWERSTONE STREET, OAKTON VA 22124
Michael C Mitchell director C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Fundamental Global Investors, Llc 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Lewis M Johnson 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Branko Avanic officer: Chief Technology Officer C/O BK TECHNOLOGIES CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Randy Willis officer: Chief Operating Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904