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DHCC (Diamondhead Casino) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Diamondhead Casino 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. Diamondhead Casino's Operating Income for the three months ended in Dec. 2024 was $-0.27 Mil. Diamondhead Casino's Interest Expense for the three months ended in Dec. 2024 was $-0.18 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 Diamondhead Casino's Interest Coverage or its related term are showing as below:


DHCC's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


Diamondhead Casino Interest Coverage Historical Data

The historical data trend for Diamondhead Casino'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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Diamondhead Casino Interest Coverage Chart

Diamondhead Casino Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Diamondhead Casino Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Diamondhead Casino's Interest Coverage

For the Shell Companies subindustry, Diamondhead Casino'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.


Diamondhead Casino's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Diamondhead Casino's Interest Coverage distribution charts can be found below:

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


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Diamondhead Casino 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.

Diamondhead Casino'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, Diamondhead Casino's Interest Expense was $-0.82 Mil. Its Operating Income was $-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Diamondhead Casino did not have earnings to cover the interest expense.

Diamondhead Casino's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Diamondhead Casino's Interest Expense was $-0.18 Mil. Its Operating Income was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Diamondhead Casino 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.


Diamondhead Casino  (OTCPK:DHCC) 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 .


Diamondhead Casino Interest Coverage Related Terms

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


Diamondhead Casino Business Description

Traded in Other Exchanges
N/A
Address
1013 Princess Street, Alexandria, VA, USA, 22314
Diamondhead Casino Corporation has no current operations in any state.
Executives
Crow Robert S. Iii director 5910 CORAL SEA AVE., ROCKVILLE MD 20851
Stephanie Michelle Stevens director 4309 CHASTAIN WALK NE, ATLANTA GA 30342
St Peter John Michael Jr director 22121 CREEKVIEW DR, GAITHERSBURG MD 20882
Gregory A Harrison director, officer: VICE PRESIDENT 16209 KIMBERLY GROVE, GAITHERSBURG MD 20878
Blount Martin Conrad director 1629 K.ST., N.W.,STE.300, 1344 EAST CAPITOL ST., N.W., WASHINGTON DC 20006
Lewis William Austin Iv director 201 E 87TH STREET, APT 5H, NEW YORK NY 10128
Thomas Gordon Wood director ONE HUGHES CENTER DRIVE, LAS VEGAS NV 89109
Carl Dean Stevens director 1753 HWY 42 SOUTH, FORSYTH GA 31029
Robert L Zimmerman officer: CFO
Williams Frank E Jr director 2789-B HARTLAND ROAD, FALLS CHURCH VA 22043
Deborah A Vitale director, officer: PRESIDENT
Benjamin J Harrell director
H Steven Norton director 700 ROZIER ST, ALTON IL 62002
Arnold Sussman director

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