GURUFOCUS.COM » STOCK LIST » Technology » Software » iSign Solutions Inc (OTCPK:ISGN) » Definitions » Interest Coverage

iSign Solutions (iSign Solutions) Interest Coverage : 0 (At Loss) (As of Mar. 2023)


View and export this data going back to . Start your Free Trial

What is iSign Solutions 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. iSign Solutions's Operating Income for the three months ended in Mar. 2023 was $-0.16 Mil. iSign Solutions's Interest Expense for the three months ended in Mar. 2023 was $-0.10 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 iSign Solutions's Interest Coverage or its related term are showing as below:


ISGN's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.965
* 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.


iSign Solutions Interest Coverage Historical Data

The historical data trend for iSign Solutions'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.

iSign Solutions Interest Coverage Chart

iSign Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

iSign Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 iSign Solutions's Interest Coverage

For the Software - Application subindustry, iSign Solutions'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.


iSign Solutions's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where iSign Solutions's Interest Coverage falls into.



iSign Solutions 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.

iSign Solutions'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, iSign Solutions's Interest Expense was $-0.37 Mil. Its Operating Income was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

iSign Solutions did not have earnings to cover the interest expense.

iSign Solutions's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, iSign Solutions's Interest Expense was $-0.10 Mil. Its Operating Income was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

iSign Solutions 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.


iSign Solutions  (OTCPK:ISGN) 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 .


iSign Solutions Interest Coverage Related Terms

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


iSign Solutions (iSign Solutions) Business Description

Traded in Other Exchanges
N/A
Address
2033 Gateway Place, Suite 662, San Jose, CA, USA, 95110
iSign Solutions Inc is a supplier of digital transaction management (DTM) software enabling the paperless, secure management of document-based transactions. Its solutions include an array of functionality and services, including electronic signatures, workflow management, and various options for biometric authentication. Its products include SignatureOn, iSign, Console and Others. These solutions are available across virtually all enterprise, desktop, and mobile environments as an integrated platform for both ad-hoc and automated transactions. The company's platform can be deployed both on-premise and as a cloud-based (SaaS) service, with the ability to transit between deployment models. Its products allow legally binding electronic signatures to be added to digital documents.
Executives
Michael W. Engmann director, 10 percent owner 220 BUSH STREET, SUITE 950, SAN FRANCISCO CA 94104
Engmann Douglas Joe /bd 10 percent owner 2724 Pacific Avenue, SAN FRANCISCO CA 94115
Stanley Gilbert director 275 SHORELINE DRIVE, SUITE 500, REDWOOD SHORES CA 94065
Phoenix Banner Holdings Llc director, 10 percent owner 110 EAST 59TH STREET, SUITE 1901, NEW YORK NY 10022
Andax Llc director, 10 percent owner 131 RIVERSIDE DRIVE, #10C, NEW YORK NY 10024
Phoenix Enterprises Family Fund, Llc director, 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Sg Phoenix Llc director, 10 percent owner 110 EAST 59TH STREET, SUITE 1901, NEW YORK NY 10022
Jeffrey T Holtmeier director 275 SHORELINE DRIVE, SUITE 500, REDWOOD CITY CA 94065
William Keiper other: Consultant
Partners Kendu 10 percent owner 220 BUSH STREET, SUITE 950, SAN FRANCISCO CA 94104
Mdnh Partners Lp 10 percent owner 220 BUSH STREET, SUITE 940, SAN FRANCISC0 CA 94104
Francis J Elenio director C/O GOAMERICA INC, 433 HACKENSACK AVE, HACKENSACK NJ 07601
Kurt Amundson director 275 SHORELINE DRIVE, SUITE 500, REDWOOD SHORES CA 94065
Garry Meyer director 275 SHORELINE DRIVE, SUITE 500, REDWOOD SHORES CA 94065
Phoenix Venture Fund Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022

iSign Solutions (iSign Solutions) Headlines

From GuruFocus

iSign Reports Second Quarter 2021 Results

By ACCESSWIRE ACCESSWIRE 08-16-2021

iSign Reports Second Quarter 2020 Results

By ACCESSWIRE ACCESSWIRE 08-14-2020

iSign Reports Second Quarter 2022 Results

By ACCESSWIRE ACCESSWIRE 08-15-2022

iSign Reports First Quarter 2023 Results

By ACCESSWIRE ACCESSWIRE 05-15-2023

iSign Reports Fiscal 2021 Results

By ACCESSWIRE ACCESSWIRE 03-31-2022

iSign Reports Third Quarter 2021 Results

By ACCESSWIRE ACCESSWIRE 11-15-2021

iSign Reports Fiscal 2022 Results

By ACCESSWIRE ACCESSWIRE 03-31-2023