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GS Chain (LSE:GSC) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is GS Chain 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. GS Chain's Operating Income for the six months ended in Dec. 2024 was £-0.17 Mil. GS Chain's Interest Expense for the six months ended in Dec. 2024 was £0.00 Mil. GS Chain 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 GS Chain's Interest Coverage or its related term are showing as below:

LSE:GSC' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


LSE:GSC's Interest Coverage is ranked better than
99.68% of 313 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs LSE:GSC: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


GS Chain Interest Coverage Historical Data

The historical data trend for GS Chain'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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GS Chain Interest Coverage Chart

GS Chain Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Interest Coverage
No Debt No Debt No Debt -

GS Chain Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of GS Chain's Interest Coverage

For the Shell Companies subindustry, GS Chain'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.


GS Chain's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GS Chain's Interest Coverage distribution charts can be found below:

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


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GS Chain 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.

GS Chain's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, GS Chain's Interest Expense was £-0.00 Mil. Its Operating Income was £-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

GS Chain did not have earnings to cover the interest expense.

GS Chain's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, GS Chain's Interest Expense was £0.00 Mil. Its Operating Income was £-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

GS Chain had no debt (1).

* 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.


GS Chain  (LSE:GSC) 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 .


GS Chain Interest Coverage Related Terms

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


GS Chain Business Description

Traded in Other Exchanges
N/A
Address
72 Charlotte Street, Ground Floor, London, GBR, W1T 4QQ
GS Chain PLC intends to identify opportunities within the technology sector focusing on companies that leverage technology in the automotive, fintech, real estate, banking, finance, telecommunications, and blockchain industries, conduct the necessary due diligence, and subsequently complete an acquisition. The company's objective is to generate attractive long-term returns for shareholders and to enhance value by supporting sustainable growth, acquisitions, and performance improvements within the acquired companies.

GS Chain Headlines

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