GURUFOCUS.COM » STOCK LIST » Technology » Software » Kubient Inc (OTCPK:KBNT) » Definitions » Interest Coverage

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


View and export this data going back to 2020. Start your Free Trial

What is Kubient 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. Kubient's Operating Income for the three months ended in Mar. 2023 was $-2.49 Mil. Kubient's Interest Expense for the three months ended in Mar. 2023 was $-0.00 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 Kubient's Interest Coverage or its related term are showing as below:


KBNT's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.405
* 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.


Kubient Interest Coverage Historical Data

The historical data trend for Kubient'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.

Kubient Interest Coverage Chart

Kubient Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
- - - - -

Kubient Quarterly Data
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 - - - - -

Competitive Comparison of Kubient's Interest Coverage

For the Software - Application subindustry, Kubient'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.


Kubient's Interest Coverage Distribution in the Software Industry

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

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



Kubient 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.

Kubient'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, Kubient's Interest Expense was $-0.01 Mil. Its Operating Income was $-11.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.08 Mil.

Kubient did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2023, Kubient's Interest Expense was $-0.00 Mil. Its Operating Income was $-2.49 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.08 Mil.

Kubient 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.


Kubient  (OTCPK:KBNT) 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 .


Kubient Interest Coverage Related Terms

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


Kubient (Kubient) Business Description

Traded in Other Exchanges
N/A
Address
500 7th Avenue, 8th Floor, New York, NY, USA, 10018
Kubient Inc has developed a cloud-based software platform for real-time trading of digital, programmatic advertising. The platform allows both advertisers and publishers to use machine learning during any programmatic ad space auction.
Executives
Capital Spc Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Alrajhi Turki Saleh A. other: DIRECTOR TO MITHAQ CAPITAL SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab other: DIRECTOR TO MITHAQ CAPITAL SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Mitchell Berg officer: Chief Technology Officer 3 PEGS LANE, COLD SPRING HARBOR NY 11724
Leon Zemel officer: Chief Product Officer 45 OXFORD ROAD, NEW ROCHELLE NY 10804
Joshua Adam Weiss officer: Chief Financial Officer 330 SEVENTH AVENUE, 10TH FLOOR, NEW YORK NY 10011
Grainne M Coen director 111 WEST 28TH STREET, NEW YORK NY 10001
Jonathan Bond director C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Lawrence G Harris director 180 BAYVIEW AVENUE, NORTHPORT NY 11768
Christopher Francia officer: Chief Product Officer 49 HARDING AVE., VALHALLA NY 10595
Bordes Peter A Jr director, officer: Chief Executive Officer C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Paul Damian Roberts director, officer: See Remarks 111 WEST 28TH STREET, NEW YORK NY 10001
Pavel Medvedev officer: Chief Technology Officer 228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003
Christopher Andrews officer: Chief Digital Officer 228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003