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. Kinetic Group's
Operating Income
for the
three
months ended in Sep. 2024 was $-0.03 Mil. Kinetic Group's Interest Expense for the
three
months ended in Sep. 2024 was $0.00 Mil.
Kinetic Group has no debt.
The higher the ratio, the stronger the company's financial strength is.
(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 Kinetic Group's Interest Coverage or its related term are showing as below:
KNIT's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.685 * Ranked among companies with meaningful Interest Coverage only.
Kinetic Group (OTCPK:KNIT) 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 .
Kinetic Group Interest Coverage Related Terms
Kinetic Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Kinetic 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.
KNIT vs UCL, NUVR, SURG: Interest Coverage Comparison
For the Telecom Services subindustry, Kinetic 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.
Kinetic Group Interest Coverage vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Kinetic Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Kinetic Group's Interest Coverage falls into.
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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Kinetic Group (KNIT) has a Interest Coverage of No Debt (1) as of Sep. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kinetic Group and its competitors.
Is Kinetic Group's Interest Coverage too high?
Kinetic Group's current Interest Coverage is No Debt (1). Overall, Kinetic Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Kinetic Group's Interest Coverage compare to UCL and NUVR?
Kinetic Group's Interest Coverage of No Debt (1) can be compared against companies in the Telecommunication Services industry. The industry median Interest Coverage is 4.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Telecommunication Services company?
The median Interest Coverage among Telecommunication Services companies is 4.69, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kinetic Group and its competitors. For the Telecommunication Services industry, the median Interest Coverage is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetic Group's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetic Group stock overvalued right now?
Kinetic Group (KNIT) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Kinetic Group's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Kinetic Group (KNIT), the current Interest Coverage is No Debt (1) as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Kinetic Group Inc is a telecommunications company focused on owning, operating, and building wireless infrastructure for international mobile carriers in Latin America. The company rents operate and build tower/rooftop/unconventional infrastructure, fiber optic networks, DAS, and telecommunication equipment for MNO's.
39GF Score
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