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Walker Innovation (FRA:G7OA) Interest Coverage : No Debt (1) (As of Jun. 2018)


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What is Walker Innovation 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. Walker Innovation's Operating Income for the three months ended in Jun. 2018 was €-0.47 Mil. Walker Innovation's Interest Expense for the three months ended in Jun. 2018 was €0.00 Mil. Walker Innovation has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Walker Innovation Inc has enough cash to cover all of its debt. Its financial situation is stable.

(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 Walker Innovation's Interest Coverage or its related term are showing as below:

FRA:G7OA' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


FRA:G7OA's Interest Coverage is not ranked
in the Business Services industry.
Industry Median: 13.3 vs FRA:G7OA: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Walker Innovation Interest Coverage Historical Data

The historical data trend for Walker Innovation'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.

Walker Innovation Interest Coverage Chart

Walker Innovation Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Walker Innovation Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 Walker Innovation's Interest Coverage

For the Specialty Business Services subindustry, Walker Innovation'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.


Walker Innovation's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Walker Innovation's Interest Coverage distribution charts can be found below:

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



Walker Innovation 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.

Walker Innovation's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Walker Innovation's Interest Expense was €0.00 Mil. Its Operating Income was €-2.66 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Walker Innovation had no debt (1).

Walker Innovation's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Here, for the three months ended in Jun. 2018, Walker Innovation's Interest Expense was €0.00 Mil. Its Operating Income was €-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Walker Innovation 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.


Walker Innovation  (FRA:G7OA) 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 .


Walker Innovation Interest Coverage Related Terms

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


Walker Innovation (FRA:G7OA) Business Description

Traded in Other Exchanges
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Address
Walker Innovation Inc through its subsidiaries develops, licenses and otherwise enforces patented technologies. The company has two primary segments of the business, Licensing and Enforcement business, and Innovation Business. Through. Licensing and Enforcement business, it seeks to develop, license and otherwise enforce patented technologies through its wholly-owned subsidiaries. Through Innovation business, it focuses on helping companies innovate more effectively and efficiently. It generates most of its revenues from Licensing and Enforcement business.

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