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CUEN (Cuentas) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Cuentas 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. Cuentas's Operating Income for the three months ended in Mar. 2024 was $-0.84 Mil. Cuentas's Interest Expense for the three months ended in Mar. 2024 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 Cuentas's Interest Coverage or its related term are showing as below:


CUEN's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 25.88
* 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.


Cuentas Interest Coverage Historical Data

The historical data trend for Cuentas'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.

Cuentas Interest Coverage Chart

Cuentas Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Cuentas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A N/A - N/A -

Competitive Comparison of Cuentas's Interest Coverage

For the Software - Application subindustry, Cuentas'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.


Cuentas's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Cuentas's Interest Coverage distribution charts can be found below:

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


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Cuentas 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.

Cuentas'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, Cuentas's Interest Expense was $0.00 Mil. Its Operating Income was $-6.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.10 Mil.

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

Cuentas's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Cuentas's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.10 Mil.

Cuentas 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.


Cuentas  (OTCPK:CUEN) 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 .


Cuentas Interest Coverage Related Terms

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


Cuentas Business Description

Traded in Other Exchanges
N/A
Address
235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139
Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. It operates in three segments: Telecommunications, wholesale telecommunication services and digital products and general purpose reloadable cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.
Executives
Arik Maimon officer: CEO 1111 BRICKELL AVENUE, SUITE 2200, MIAMI FL 33131
Jeffery D. Johnson officer: Chief Executive Officer 235 LINCOLN RD., SUITE 210, MIAMI BEACH FL 33139
Cima Telecom, Inc. 10 percent owner 1728 CORAL WAY, 6TH FLOOR, MIAMI FL 33145
Yochanon Bruk director 1898 NW 74TH AVE, PEMBROKE PINES FL 33024
Richard J Berman director 305 COLLEGE ROAD EAST, PRINCETON NJ 08540
Adiv Baruch director 9 SHAUL AVIGUR ST., TEL AVIV L3 69379
Ran Daniel officer: Chief Financial Officer 101 WEST 90TH STREET, NEW YORK NY 10024
Heritage Ventures Ltd 10 percent owner SUITE 31 THE MALL, BEACON COURT, SANDYFORD, DUBLIN 18 L2 D18 R8Y7
Harrison Vargas 10 percent owner 10007 VESTAL PLACE, CORAL SPRINGS FL 33071
De Prado Michael A. officer: President & COO 1111 BRICKELL AVENUE, SUITE 2200, MIAMI FL 33131
Robert Rico other: Resigned officer and director 4775 COLLINS AVE # 4205, MIAMI BEACH NJ 33140
Calvin Lewis other: Resigned officer and director 4779 COLLINS AVE, 1907, MIAMI BEACH FL 33140
Lisa Bischof director, officer: Treasurer 6980 SOUTH EDGERTON ROAD, BRECKSVILLE OH 44141
D Bruce Veness director, officer: Corporate Secretary 6980 SOUTH EDGERTON ROAD, BREAKSVILLE OH 44141
John L Bianco director, 10 percent owner, officer: CEO/President 6980 SOUTH EDGERTON ROAD, BRECKSVILLE OH 44141

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