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Exeo Entertainment (Exeo Entertainment) Interest Coverage : 0 (At Loss) (As of Feb. 2022)


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What is Exeo Entertainment 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. Exeo Entertainment's Operating Income for the three months ended in Feb. 2022 was $-0.21 Mil. Exeo Entertainment's Interest Expense for the three months ended in Feb. 2022 was $-0.04 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 Exeo Entertainment's Interest Coverage or its related term are showing as below:


EXEO's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.455
* 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.


Exeo Entertainment Interest Coverage Historical Data

The historical data trend for Exeo Entertainment'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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Exeo Entertainment Interest Coverage Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Interest Coverage
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Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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Competitive Comparison of Exeo Entertainment's Interest Coverage

For the Consumer Electronics subindustry, Exeo Entertainment'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.


Exeo Entertainment's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Interest Coverage distribution charts can be found below:

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



Exeo Entertainment 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.

Exeo Entertainment's Interest Coverage for the fiscal year that ended in Nov. 2021 is calculated as

Here, for the fiscal year that ended in Nov. 2021, Exeo Entertainment's Interest Expense was $-0.06 Mil. Its Operating Income was $-1.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Exeo Entertainment did not have earnings to cover the interest expense.

Exeo Entertainment's Interest Coverage for the quarter that ended in Feb. 2022 is calculated as

Here, for the three months ended in Feb. 2022, Exeo Entertainment's Interest Expense was $-0.04 Mil. Its Operating Income was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.07 Mil.

Exeo Entertainment 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.


Exeo Entertainment  (OTCPK:EXEO) 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 .


Exeo Entertainment Interest Coverage Related Terms

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


Exeo Entertainment (Exeo Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.
Executives
Robert Scott Amaral director, 10 percent owner, officer: CEO 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland director, 10 percent owner, officer: President 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

Exeo Entertainment (Exeo Entertainment) Headlines