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Making Science Group (FRA:MS7) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is Making Science Group 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. Making Science Group's Operating Income for the six months ended in Jun. 2023 was €-2.4 Mil. Making Science Group's Interest Expense for the six months ended in Jun. 2023 was €-1.9 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 Making Science Group's Interest Coverage or its related term are showing as below:


FRA:MS7's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.49
* 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.


Making Science Group Interest Coverage Historical Data

The historical data trend for Making Science Group'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.

Making Science Group Interest Coverage Chart

Making Science Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
10.22 5.57 - -

Making Science Group Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only - - 0.23 - -

Competitive Comparison of Making Science Group's Interest Coverage

For the Advertising Agencies subindustry, Making Science Group'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.


Making Science Group's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Making Science Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Making Science Group's Interest Coverage falls into.



Making Science Group 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.

Making Science Group'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, Making Science Group's Interest Expense was €-1.9 Mil. Its Operating Income was €-0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €25.7 Mil.

Making Science Group did not have earnings to cover the interest expense.

Making Science Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Making Science Group's Interest Expense was €-1.9 Mil. Its Operating Income was €-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €29.6 Mil.

Making Science Group 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.


Making Science Group  (FRA:MS7) 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 .


Making Science Group Interest Coverage Related Terms

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Making Science Group (FRA:MS7) Business Description

Traded in Other Exchanges
Address
Calle López de Hoyos 135, 3rd floor, Madrid, ESP, 28002
Making Science Group SA is engaged in the business of technology and marketing solutions for the digital business. The company provides solutions in areas of digital marketing, data analytics, e-commerce, and cloud. The company carries out its professional activity in 10 countries: United States, Spain, Portugal, Ireland, Georgia, Italy, France, United Kingdom, Mexico, Colombia. The Company obtains its income mainly from advertising and public relations services.

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