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DKGH (DKG Capital) Interest Coverage : No Debt (1) (As of Dec. 2018)


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What is DKG Capital 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. DKG Capital's Operating Income for the three months ended in Dec. 2018 was $-0.25 Mil. DKG Capital's Interest Expense for the three months ended in Dec. 2018 was $0.00 Mil. DKG Capital has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for DKG Capital's Interest Coverage or its related term are showing as below:


DKGH's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 65.99
* 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.


DKG Capital Interest Coverage Historical Data

The historical data trend for DKG Capital'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.

DKG Capital Interest Coverage Chart

DKG Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
- - - No Debt No Debt

DKG Capital Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of DKG Capital's Interest Coverage

For the Credit Services subindustry, DKG Capital'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.


DKG Capital's Interest Coverage Distribution in the Credit Services Industry

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

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


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DKG Capital 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.

DKG Capital's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, DKG Capital's Interest Expense was $0.00 Mil. Its Operating Income was $0.53 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

DKG Capital had no debt (1).

DKG Capital's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Here, for the three months ended in Dec. 2018, DKG Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

DKG Capital had no debt (1).

* 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.


DKG Capital  (OTCPK:DKGH) 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 .


DKG Capital Interest Coverage Related Terms

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


DKG Capital Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, West Palm Beach, FL, USA, 33401
DKG Capital Inc is engaged in mobile application development; the provision of online marketing services; the operation of a self-developed social media platform; and the provision of various leisure services to high net worth clients who are users of its social media platform.

DKG Capital Headlines

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