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Actual Experience (LSE:ACT) Interest Coverage : 0 (At Loss) (As of Mar. 2023)


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What is Actual Experience 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. Actual Experience's Operating Income for the six months ended in Mar. 2023 was £-2.54 Mil. Actual Experience's Interest Expense for the six months ended in Mar. 2023 was £-0.01 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 Actual Experience's Interest Coverage or its related term are showing as below:


LSE:ACT's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


Actual Experience Interest Coverage Historical Data

The historical data trend for Actual Experience'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.

Actual Experience Interest Coverage Chart

Actual Experience Annual Data
Trend Jul12 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Interest Coverage
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Actual Experience Semi-Annual Data
Mar13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 Actual Experience's Interest Coverage

For the Information Technology Services subindustry, Actual Experience'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.


Actual Experience's Interest Coverage Distribution in the Software Industry

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

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



Actual Experience 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.

Actual Experience's Interest Coverage for the fiscal year that ended in Sep. 2022 is calculated as

Here, for the fiscal year that ended in Sep. 2022, Actual Experience's Interest Expense was £-0.02 Mil. Its Operating Income was £-5.49 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.49 Mil.

Actual Experience did not have earnings to cover the interest expense.

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

Here, for the six months ended in Mar. 2023, Actual Experience's Interest Expense was £-0.01 Mil. Its Operating Income was £-2.54 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.44 Mil.

Actual Experience 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.


Actual Experience  (LSE:ACT) 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 .


Actual Experience Interest Coverage Related Terms

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


Actual Experience Business Description

Traded in Other Exchanges
N/A
Address
Quay House, The Ambury, Bath, Somerset, GBR, BA1 1UA
Actual Experience PLC operates in the United Kingdom technology sector. Its analytics services aid companies that provide digital services. The company's main product is a cloud analytics platform that transforms the measurements of the digital products and services into a real-time digital voice of the customer quality scores. It fragments its services based on its end-user into the Actual Work, Actual Home, and Actual Work Web trademark products. Actual Work analyses infrastructure and application elements in each delivery path as a supplier in a digital supply chain. The company operates in the United Kingdom, and the United States of America of which it generates maximum revenue from the United States of America.

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