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Maximum Entertainment AB (FRA:8R7) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Maximum Entertainment AB 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. Maximum Entertainment AB's Operating Income for the three months ended in Dec. 2024 was €-4.51 Mil. Maximum Entertainment AB's Interest Expense for the three months ended in Dec. 2024 was €-2.44 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 Maximum Entertainment AB's Interest Coverage or its related term are showing as below:


FRA:8R7's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 33.545
* 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.


Maximum Entertainment AB Interest Coverage Historical Data

The historical data trend for Maximum Entertainment AB'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.

Maximum Entertainment AB Interest Coverage Chart

Maximum Entertainment AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 10.11 4.77 - - -

Maximum Entertainment AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Maximum Entertainment AB's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Maximum Entertainment AB'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.


Maximum Entertainment AB's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Maximum Entertainment AB's Interest Coverage distribution charts can be found below:

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


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Maximum Entertainment AB 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.

Maximum Entertainment AB'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, Maximum Entertainment AB's Interest Expense was €-8.89 Mil. Its Operating Income was €-19.15 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.16 Mil.

Maximum Entertainment AB did not have earnings to cover the interest expense.

Maximum Entertainment AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Maximum Entertainment AB's Interest Expense was €-2.44 Mil. Its Operating Income was €-4.51 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.16 Mil.

Maximum Entertainment AB 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.


Maximum Entertainment AB  (FRA:8R7) 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 .


Maximum Entertainment AB Interest Coverage Related Terms

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


Maximum Entertainment AB Business Description

Traded in Other Exchanges
Address
c/o Convendum, Kungsgatan 9, Stockholm, SWE, 111 43
Maximum Entertainment AB is an entertainment company dedicated to delivering magic to the gamer in everyone. It provides collaborative resources to its partners, through in-house publishing labels Maximum Games, Modus, Merge Games, and Just For Games, and its development division, Modus Studios.

Maximum Entertainment AB Headlines

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