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FFZY (Fansfrenzy) Interest Coverage : N/A (As of Aug. 2023)


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What is Fansfrenzy 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. Fansfrenzy's Operating Income for the six months ended in Aug. 2023 was $-0.02 Mil. Fansfrenzy's Interest Expense for the six months ended in Aug. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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 Fansfrenzy's Interest Coverage or its related term are showing as below:


FFZY's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.095
* 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.


Fansfrenzy Interest Coverage Historical Data

The historical data trend for Fansfrenzy'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.

Fansfrenzy Interest Coverage Chart

Fansfrenzy Annual Data
Trend
Interest Coverage

Fansfrenzy Semi-Annual Data
Aug23
Interest Coverage N/A

Competitive Comparison of Fansfrenzy's Interest Coverage

For the Software - Infrastructure subindustry, Fansfrenzy'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.


Fansfrenzy's Interest Coverage Distribution in the Software Industry

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

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


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Fansfrenzy 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.

Fansfrenzy's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Fansfrenzy's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Fansfrenzy had no debt (1).

Fansfrenzy's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the six months ended in Aug. 2023, Fansfrenzy's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.93 Mil.

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

* 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.


Fansfrenzy  (OTCPK:FFZY) 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 .


Fansfrenzy Interest Coverage Related Terms

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


Fansfrenzy Business Description

Traded in Other Exchanges
N/A
Address
10040 W Cheyenne Avenue, Suite 170-162, Las Vegas, NV, USA, 89129
Fansfrenzy Corp has a focus on natural resources in the province of British Columbia, Canada. It uses its status as a public company to acquire, hold, invest in, develop, and conduct business in undervalued assets.

Fansfrenzy Headlines

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