GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Brooqly Inc (OTCPK:BRQL) » Definitions » Interest Coverage

BRQL (Brooqly) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Brooqly 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. Brooqly's Operating Income for the three months ended in Jun. 2024 was $-0.08 Mil. Brooqly's Interest Expense for the three months ended in Jun. 2024 was $-0.15 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 Brooqly's Interest Coverage or its related term are showing as below:


BRQL's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 38.98
* 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.


Brooqly Interest Coverage Historical Data

The historical data trend for Brooqly'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.

Brooqly Interest Coverage Chart

Brooqly Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt No Debt -

Brooqly Quarterly Data
Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt - - - -

Competitive Comparison of Brooqly's Interest Coverage

For the Internet Content & Information subindustry, Brooqly'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.


Brooqly's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Brooqly's Interest Coverage distribution charts can be found below:

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



Brooqly 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.

Brooqly'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, Brooqly's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Brooqly did not have earnings to cover the interest expense.

Brooqly's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Brooqly's Interest Expense was $-0.15 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Brooqly 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.


Brooqly  (OTCPK:BRQL) 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 .


Brooqly Interest Coverage Related Terms

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


Brooqly Business Description

Traded in Other Exchanges
N/A
Address
10101 S. Robert Road, Suite 209, Palos Hills, IL, USA, 60465
Brooqly Inc is a technology company that has developed a technological platform that allows: Retail Shops, Consumers, and Consumer Packaged goods Brands to connect and interact through a Social Networking experience. The Platform enables: Retail Shops to register and upload their Catalog Products called Treats. Consumers to sign-up, purchase and send Treats to other registered Users. Brands to advertise their Products throughout the Platform.
Executives
Panagiotis Nikolaos Lazaretos director, 10 percent owner, officer: CEO 103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Nikolaos Ioannou director, 10 percent owner, officer: COO KLEOVOULOU 17,, NEOS KOSMOS, ATTIKI J3 11744
Helen V Maridakis director, 10 percent owner, officer: CFO 6831 W. HIGHLAND DRIVE, PALOS HEIGHTS IL 60463

Brooqly Headlines

No Headlines