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Bitcoin Generation (Bitcoin Generation) Interest Coverage : 0 (At Loss) (As of Jun. 2017)


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What is Bitcoin Generation 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. Bitcoin Generation's Operating Income for the three months ended in Jun. 2017 was $-0.09 Mil. Bitcoin Generation's Interest Expense for the three months ended in Jun. 2017 was $-0.01 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 Bitcoin Generation's Interest Coverage or its related term are showing as below:


BTGN's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 21.53
* 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.


Bitcoin Generation Interest Coverage Historical Data

The historical data trend for Bitcoin Generation'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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Bitcoin Generation Interest Coverage Chart

Bitcoin Generation Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Coverage
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Bitcoin Generation Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17
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Competitive Comparison of Bitcoin Generation's Interest Coverage

For the Capital Markets subindustry, Bitcoin Generation'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.


Bitcoin Generation's Interest Coverage Distribution in the Capital Markets Industry

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

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



Bitcoin Generation 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.

Bitcoin Generation's Interest Coverage for the fiscal year that ended in Mar. 2017 is calculated as

Here, for the fiscal year that ended in Mar. 2017, Bitcoin Generation's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.98 Mil.

Bitcoin Generation did not have earnings to cover the interest expense.

Bitcoin Generation's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, Bitcoin Generation's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.98 Mil.

Bitcoin Generation 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.


Bitcoin Generation  (OTCPK:BTGN) 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 .


Bitcoin Generation Interest Coverage Related Terms

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


Bitcoin Generation (Bitcoin Generation) Business Description

Traded in Other Exchanges
N/A
Address
2401 Nowata Place, Suite A, Bartlesville, OK, USA, 74006
Bitcoin Generation Inc is specialized in the development of Blockchain technology application, cryptocurrency mining, and cryptocurrency trading.

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