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FTSP (FinTrade Sherpa) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is FinTrade Sherpa 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. FinTrade Sherpa's Operating Income for the three months ended in Mar. 2025 was $-0.15 Mil. FinTrade Sherpa's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. FinTrade Sherpa has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

FinTrade Sherpa Inc has no debt.

(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 FinTrade Sherpa's Interest Coverage or its related term are showing as below:

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


FTSP's Interest Coverage is ranked better than
98.74% of 1668 companies
in the Software industry
Industry Median: 25.82 vs FTSP: 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.


FinTrade Sherpa Interest Coverage Historical Data

The historical data trend for FinTrade Sherpa'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.

FinTrade Sherpa Interest Coverage Chart

FinTrade Sherpa Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt No Debt No Debt

FinTrade Sherpa Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 FinTrade Sherpa's Interest Coverage

For the Software - Application subindustry, FinTrade Sherpa'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.


FinTrade Sherpa's Interest Coverage Distribution in the Software Industry

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

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


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FinTrade Sherpa 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.

FinTrade Sherpa'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, FinTrade Sherpa's Interest Expense was $0.00 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FinTrade Sherpa had no debt (1).

FinTrade Sherpa's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, FinTrade Sherpa's Interest Expense was $0.00 Mil. Its Operating Income was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FinTrade Sherpa 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.


FinTrade Sherpa  (OTCPK:FTSP) 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 .


FinTrade Sherpa Interest Coverage Related Terms

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


FinTrade Sherpa Business Description

Traded in Other Exchanges
N/A
Address
1 East Liberty Street, Suite 600, Reno, NV, USA, 89501
FinTrade Sherpa Inc objective is to develop an artificial intelligence-powered financial research platform.
Executives
Mark Walmesley director, officer: CFO and Treasurer 906 - 150 24TH STREET, WEST VANCOUVER A1 V7V 4G8
Sapir Pharmaceuticals Inc. other: Acquisition 9 SHENANDOAH DRIVE, LAKEWOOD NJ 08701
Thomas Temkin director, officer: Chief Operating Officer 3487 TILLAMOOK CT, RENO NV 89509
Lonnie Kwa-humphries 10 percent owner 17213 BENDING OAK CT., CYPRESS TX 77429
Robert M Baker director, 10 percent owner, officer: PRES/CEO/CFO/Secretary 600-666 BURRARD STREET, VANCOUVER A1 V6C3P6
West Peak Ventures Of Canada Ltd 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S A2A