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Bang Holdings (Bang Holdings) Interest Coverage : 0 (At Loss) (As of Jun. 2018)


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What is Bang Holdings 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. Bang Holdings's Operating Income for the three months ended in Jun. 2018 was $-0.10 Mil. Bang Holdings's Interest Expense for the three months ended in Jun. 2018 was $-0.02 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 Bang Holdings's Interest Coverage or its related term are showing as below:


BXNG's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.54
* 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.


Bang Holdings Interest Coverage Historical Data

The historical data trend for Bang Holdings'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.

Bang Holdings Interest Coverage Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Interest Coverage
No Debt - - -

Bang Holdings Quarterly Data
Sep14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - - -

Competitive Comparison of Bang Holdings's Interest Coverage

For the Advertising Agencies subindustry, Bang Holdings'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.


Bang Holdings's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bang Holdings's Interest Coverage distribution charts can be found below:

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



Bang Holdings 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.

Bang Holdings's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Bang Holdings's Interest Expense was $-0.06 Mil. Its Operating Income was $-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bang Holdings did not have earnings to cover the interest expense.

Bang Holdings's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Here, for the three months ended in Jun. 2018, Bang Holdings's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bang Holdings 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.


Bang Holdings  (OTCPK:BXNG) 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 .


Bang Holdings Interest Coverage Related Terms

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Bang Holdings (Bang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.