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MGLD (The Marygold) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is The Marygold 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. The Marygold's Operating Income for the three months ended in Mar. 2025 was $-1.50 Mil. The Marygold's Interest Expense for the three months ended in Mar. 2025 was $-0.33 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 The Marygold's Interest Coverage or its related term are showing as below:


MGLD's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 46.1
* 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.


The Marygold Interest Coverage Historical Data

The historical data trend for The Marygold'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.

The Marygold Interest Coverage Chart

The Marygold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.73 185.45 152.50 71.00 -

The Marygold Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only - - - - -

Competitive Comparison of The Marygold's Interest Coverage

For the Asset Management subindustry, The Marygold'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.


The Marygold's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Marygold's Interest Coverage distribution charts can be found below:

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


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The Marygold 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.

The Marygold'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, The Marygold's Interest Expense was $-0.02 Mil. Its Operating Income was $-4.87 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.46 Mil.

The Marygold did not have earnings to cover the interest expense.

The Marygold's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, The Marygold's Interest Expense was $-0.33 Mil. Its Operating Income was $-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.65 Mil.

The Marygold 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.


The Marygold  (AMEX:MGLD) 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 .


The Marygold Interest Coverage Related Terms

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


The Marygold Business Description

Traded in Other Exchanges
N/A
Address
120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672
The Marygold Companies Inc is a holding company that intends to focus on financial services. It is currently directing its investments towards financial services and the emerging Fintech space.
Executives
Nicholas & Melinda Gerber Living Trust 10 percent owner 127 DEVIN DRIVE, MORAGA CA 94556
Carolyn M. Yu officer: Chief Legal Officer 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
Scott Allen West officer: Chief Accounting Officer 12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
James S Alexander director C/O THE MARYGOLD COMPANIES, INC., 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
David Wayne Neibert director, officer: Chief Executive Officer 13652 ACORN CIRCLE, VALLEY CENTER CA 92082
Kathryn D. Rooney director 2520 EYRE HALL PASS, NEW ALBANY OH 43054
Nicholas Daniel Gerber director, 10 percent owner, officer: Chief Executive Officer 127 DEVIN ROAD, MORAGA CA 94556
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Stuart P. Crumbaugh officer: Treasurer/CFO C/O USCF ETF TRUST, 1999 HARRISON STREET, SUITE 1530, OAKLAND CA 94612
Erin Grogan director 2721 WAWONA STREET, SAN FRANCISCO CA 94116
Joya Harris director 150 MAISON PLACE N.W., ATLANTA GA 30303
Tabatha Coffey director 1019 GLEN ROAD, FORT LEE NJ 07024
Derek Jason Mullins director C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Sheila Gerber 10 percent owner 5 HATAMAR ST., BINYAMINA L3 30500
Eliot Gerber 10 percent owner 5 HATAMAR ST., BINYAMINA L3 30500