WAG Payment Solutions (LSE:WPS) Interest Coverage : N/A (As of Dec. 2023)

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What is WAG Payment Solutions 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. WAG Payment Solutions's Operating Income for the six months ended in Dec. 2023 was £0 Mil. WAG Payment Solutions's Interest Expense for the six months ended in Dec. 2023 was £0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for WAG Payment Solutions's Interest Coverage or its related term are showing as below:

LSE:WPS' s Interest Coverage Range Over the Past 10 Years
Min: 1.73 Med: 6.46 Max: 24.68
Current: 3.14

LSE:WPS's Interest Coverage is ranked worse than
85.38% of 1601 companies
in the Software industry
Industry Median: 28.92 vs LSE:WPS: 3.14

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

WAG Payment Solutions Interest Coverage Historical Data

The historical data trend for WAG Payment Solutions'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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WAG Payment Solutions Interest Coverage Chart

WAG Payment Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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6.28

6.63

5.43

7.67

1.73

WAG Payment Solutions Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial					15.88	7.25	5.46	2.26	N/A

Competitive Comparison of WAG Payment Solutions's Interest Coverage

For the Software - Infrastructure subindustry, WAG Payment Solutions'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.

WAG Payment Solutions's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where WAG Payment Solutions's Interest Coverage falls into.

WAG Payment Solutions 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.

WAG Payment Solutions's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, WAG Payment Solutions's Interest Expense was £-17 Mil. Its Operating Income was £30 Mil. And its Long-Term Debt & Capital Lease Obligation was £268 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	29.557	/	-17.047
	=	1.73

WAG Payment Solutions's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, WAG Payment Solutions's Interest Expense was £0 Mil. Its Operating Income was £0 Mil. And its Long-Term Debt & Capital Lease Obligation was £268 Mil.

GuruFocus does not calculate WAG Payment Solutions's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

WAG Payment Solutions (LSE:WPS) 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 .

WAG Payment Solutions Interest Coverage Related Terms

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

WAG Payment Solutions (LSE:WPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WAG Payment Solutions PLC (LSE:WPS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

WPSl:UK WPS:Czech Republic

Address

1 Albemarle Street, Third Floor (East), Albemarle House, London, GBR, W1S 4HA

Website

https://www.eurowag.com

WAG Payment Solutions PLC, formerly Eurowag is a pan-European integrated payment & mobility platform focused on the commercial road transport industry. The group's business involves the provision of services to the CRT industry which are focused on two primary segments: Payment solutions, comprising energy payments through pre-pay or post-pay fuel cards and toll payments; and Mobility solutions, comprising tax refund services; telematics; smart routing apps; and other adjacent services.