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BNN Technology (LSE:BNN) Interest Coverage : 0 (At Loss) (As of Jun. 2017)


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What is BNN Technology 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. BNN Technology's Operating Income for the six months ended in Jun. 2017 was £-13.50 Mil. BNN Technology's Interest Expense for the six months ended in Jun. 2017 was £-1.98 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 BNN Technology's Interest Coverage or its related term are showing as below:


LSE:BNN's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 36.58
* 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.


BNN Technology Interest Coverage Historical Data

The historical data trend for BNN Technology'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.

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BNN Technology Interest Coverage Chart

BNN Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
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BNN Technology Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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Competitive Comparison of BNN Technology's Interest Coverage

For the Internet Content & Information subindustry, BNN Technology'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.


BNN Technology's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BNN Technology's Interest Coverage distribution charts can be found below:

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



BNN Technology 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.

BNN Technology's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, BNN Technology's Interest Expense was £-1.44 Mil. Its Operating Income was £-16.47 Mil. And its Long-Term Debt & Capital Lease Obligation was £13.56 Mil.

BNN Technology did not have earnings to cover the interest expense.

BNN Technology's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the six months ended in Jun. 2017, BNN Technology's Interest Expense was £-1.98 Mil. Its Operating Income was £-13.50 Mil. And its Long-Term Debt & Capital Lease Obligation was £10.94 Mil.

BNN Technology 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.


BNN Technology  (LSE:BNN) 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 .


BNN Technology Interest Coverage Related Terms

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BNN Technology (LSE:BNN) Business Description

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BNN Technology PLC is a digital content and payment services company from China. The company provides software technology to its client for online payments and on mobile apps. It also engages in the development of digital content for both online and mobile. The organizational business is spread across over 10 provinces in China. BNN also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) providing support services to all of HSB's commercial activities. The firm's digital business generates the majority of its revenues.

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