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Eva Live (Eva Live) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Eva Live 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. Eva Live's Operating Income for the three months ended in Dec. 2023 was $-6.91 Mil. Eva Live's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Eva Live has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Eva Live 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 Eva Live's Interest Coverage or its related term are showing as below:


GOAI's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.27
* 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.


Eva Live Interest Coverage Historical Data

The historical data trend for Eva Live'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.

Eva Live Interest Coverage Chart

Eva Live Annual Data
Trend Dec22 Dec23
Interest Coverage
N/A No Debt

Eva Live Quarterly Data
Sep22 Dec22 Sep23 Dec23
Interest Coverage No Debt N/A N/A No Debt

Competitive Comparison of Eva Live's Interest Coverage

For the Entertainment subindustry, Eva Live'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.


Eva Live's Interest Coverage Distribution in the Media - Diversified Industry

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

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



Eva Live 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.

Eva Live's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Eva Live's Interest Expense was $0.00 Mil. Its Operating Income was $-6.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Eva Live had no debt (1).

Eva Live's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Eva Live's Interest Expense was $0.00 Mil. Its Operating Income was $-6.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Eva Live 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.


Eva Live  (OTCPK:GOAI) 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 .


Eva Live Interest Coverage Related Terms

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


Eva Live (Eva Live) Business Description

Traded in Other Exchanges
N/A
Address
1800 Century Park East, Suite 600, The Plaza, Los Angeles, CA, USA, 90067
Eva Live Inc, formerly Malwin Ventures Inc is a United States-based technology company that has developed an automated and intelligent advertiser campaign management platform, Eva Platform enables advertisers ('customers, clients') to buy advertising space on several digital channels to reach their desired audience. The Company also deals with Businesses that utilizes their in house digital marketing capabilities, including advice, creative services, account management, production of advertising material, media planning, and buying.

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