Maistro (LSE:MAIS) Interest Coverage: No Debt (1) (As of Dec. 2018) — 100% Below Median


What is Maistro Interest Coverage?

Maistro LSE:MAIS Interest Coverage is No Debt (1) as of Dec. 2018, which is 100% below its 10-year median of 10,000.00. The stock has 3 warning signs investors should review.

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. Maistro's Operating Income for the six months ended in Dec. 2018 was £-1.66 Mil. Maistro's Interest Expense for the six months ended in Dec. 2018 was £0.00 Mil. Maistro has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Maistro PLC has no debt.

(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 Maistro's Interest Coverage or its related term are showing as below:

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

LSE:MAIS's Interest Coverage is not ranked
in the Software industry.
Industry Median: 24.75 vs LSE:MAIS: 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.

Maistro  (LSE:MAIS) 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 .

Maistro Interest Coverage Related Terms

Maistro Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maistro'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.

Maistro Interest Coverage Chart

Maistro Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 No Debt No Debt

Maistro Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.00 No Debt No Debt No Debt No Debt

LSE:MAIS vs LKCO, LIVC: Interest Coverage Comparison

For the Software - Application subindustry, Maistro'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.

Maistro Interest Coverage vs Software Industry

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

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


Maistro 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.

Maistro's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, Maistro's Interest Expense was £0.00 Mil. Its Operating Income was £-3.07 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Maistro had no debt (1).

Maistro's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Here, for the six months ended in Dec. 2018, Maistro's Interest Expense was £0.00 Mil. Its Operating Income was £-1.66 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Maistro 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Maistro (LSE:MAIS) has a Interest Coverage of No Debt (1) as of Dec. 2018. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maistro and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Maistro's Interest Coverage has ranged from 10,000.00 to 10,000.00.
Is Maistro's Interest Coverage too high?
Maistro's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00.
How does Maistro's Interest Coverage compare to LKCO and LIVC?
Maistro's Interest Coverage of No Debt (1) can be compared against companies in the Software industry. The industry median Interest Coverage is 24.75. Historically, Maistro's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Software company?
The median Interest Coverage among Software companies is 24.75, based on 1,702 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 Maistro and its competitors. For the Software industry, the median Interest Coverage is 24.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maistro's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maistro stock overvalued right now?
Maistro (LSE:MAIS) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Maistro (LSE:MAIS), the current Interest Coverage is No Debt (1) as of Dec. 2018. 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.

Maistro Business Description

Address 3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN
Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.