GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (NAS:LTRY) » Definitions » Interest Coverage

LTRY (Lottery.com) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Lottery.com 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. Lottery.com's Operating Income for the three months ended in Dec. 2024 was $-3.05 Mil. Lottery.com's Interest Expense for the three months ended in Dec. 2024 was $-0.16 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 Lottery.com's Interest Coverage or its related term are showing as below:


LTRY's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.41
* 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.


Lottery.com Interest Coverage Historical Data

The historical data trend for Lottery.com'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.

Lottery.com Interest Coverage Chart

Lottery.com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial - - - - -

Lottery.com Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

Competitive Comparison of Lottery.com's Interest Coverage

For the Gambling subindustry, Lottery.com'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.


Lottery.com's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lottery.com's Interest Coverage distribution charts can be found below:

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


;
;

Lottery.com 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.

Lottery.com's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Lottery.com's Interest Expense was $-0.51 Mil. Its Operating Income was $-18.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Lottery.com did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2024, Lottery.com's Interest Expense was $-0.16 Mil. Its Operating Income was $-3.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Lottery.com 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.


Lottery.com  (NAS:LTRY) 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 .


Lottery.com Interest Coverage Related Terms

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


Lottery.com Business Description

Traded in Other Exchanges
N/A
Address
20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669
Lottery.com Inc is a leading provider of domestic and international lottery products and services. As an independent third-party lottery game service, the Company offers a platform that it developed and operates to enable the remote purchase of legally sanctioned lottery games in the U.S. and abroad. The Company's revenue-generating activities are focused on (i) offering the Platform via the Lottery.com app and its websites to users located in the U.S. and international jurisdictions where the sale of lottery games is legal and its services are enabled for the remote purchase of legally sanctioned lottery games; (ii) offering an internally developed, created and operated business-to-business application programming interface of the Platform to enable commercial partners in permitted U.S.
Executives
Robert J Stubblefield officer: Chief Financial Officer C/O LOTTERY.COM, INC., 20808 STATE HWY 71 W, UNIT B, SPICEWOOD TX 78669
Ald Holdings Group, Llc 10 percent owner 10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Woodford Eurasia Assets Ltd. 10 percent owner 10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mc Holdings Group, Llc 10 percent owner 10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mark John Gustavson officer: Chief Executive Officer 3/3 GREENE STREET, MILL VALLEY CA 94941
Thompson William C Jr director 6650 EL CAMINO ROAD, LAS VEGAS NV 89118
Kathryn S Lever officer: CLO & Secretary 20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Steven Michael Cohen director 35 EAST 62ND STREET, NEW YORK NM 10065
Richard Kivel director C/O REXAHN PHARMACEUTICALS, INC., 15245 SHADY GROVE ROAD, SUITE 455, ROCKVILLE MD 20850
Dimatteo Lawrence Anthony Iii director, 10 percent owner, officer: Chief Executive Officer 20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Lisa M. Borders director C/O J.P. MORGAN PRIVATE INVESTMENTS INC., 383 MADISON AVENUE, NEW YORK NY 10179
Joseph Kaminkow director 701 BRICKELL AVENUE SUITE 1550, MIAMI FL 33131
Ryan Dickinson officer: Acting CFO; COO, PRES & TREAS 20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Matthew Clemenson director, 10 percent owner, officer: Chief Commercial Officer 20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019