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DLT Resolution (DLT Resolution) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is DLT Resolution 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. DLT Resolution's Operating Income for the three months ended in Jun. 2023 was $-0.01 Mil. DLT Resolution's Interest Expense for the three months ended in Jun. 2023 was $-0.00 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 DLT Resolution's Interest Coverage or its related term are showing as below:


DLTI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.34
* 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.


DLT Resolution Interest Coverage Historical Data

The historical data trend for DLT Resolution'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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DLT Resolution Interest Coverage Chart

DLT Resolution Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
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DLT Resolution Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Competitive Comparison of DLT Resolution's Interest Coverage

For the Information Technology Services subindustry, DLT Resolution'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.


DLT Resolution's Interest Coverage Distribution in the Software Industry

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

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



DLT Resolution 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.

DLT Resolution's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, DLT Resolution's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

DLT Resolution did not have earnings to cover the interest expense.

DLT Resolution's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, DLT Resolution's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

DLT Resolution 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.


DLT Resolution  (OTCPK:DLTI) 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 .


DLT Resolution Interest Coverage Related Terms

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


DLT Resolution (DLT Resolution) Business Description

Traded in Other Exchanges
N/A
Address
5940 South Rainbow Boulevard, Suite 400-32132, Las Vegas, NV, USA, 89118
DLT Resolution Inc operates in three industry segments: Blockchain Applications; Telecommunications; and Data Services which includes Image Capture, Data Collection, Data Phone Center Services, and Payment Processing. It offers secure data management, Information Technology (IT) and other telecommunications services in Canada and the United States. The company helps organizations that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs and a wide range of other non-core functions benefit from data management. It also operates a Health Information Exchange providing the ability to request and retrieve medical information & records while meeting all of today's Security & Compliance demands for HIPAA, PIPEDA and PHIPA.

DLT Resolution (DLT Resolution) Headlines

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