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MLMC (Mike Lindell Media) Interest Coverage : No Debt (1) (As of Dec. 2020)


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What is Mike Lindell Media 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. Mike Lindell Media's Operating Income for the six months ended in Dec. 2020 was $0.18 Mil. Mike Lindell Media's Interest Expense for the six months ended in Dec. 2020 was $0.00 Mil. Mike Lindell Media 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 Mike Lindell Media's Interest Coverage or its related term are showing as below:


MLMC's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 10.66
* 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.


Mike Lindell Media Interest Coverage Historical Data

The historical data trend for Mike Lindell Media'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.

Mike Lindell Media Interest Coverage Chart

Mike Lindell Media Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - No Debt No Debt

Mike Lindell Media Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 - - - No Debt No Debt

Competitive Comparison of Mike Lindell Media's Interest Coverage

For the Broadcasting subindustry, Mike Lindell Media'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.


Mike Lindell Media's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mike Lindell Media's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mike Lindell Media's Interest Coverage falls into.


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Mike Lindell Media 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.

Mike Lindell Media's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Mike Lindell Media's Interest Expense was $0.00 Mil. Its Operating Income was $0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mike Lindell Media had no debt (1).

Mike Lindell Media's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the six months ended in Dec. 2020, Mike Lindell Media's Interest Expense was $0.00 Mil. Its Operating Income was $0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mike Lindell Media 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.


Mike Lindell Media  (OTCPK:MLMC) 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 .


Mike Lindell Media Interest Coverage Related Terms

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Mike Lindell Media Business Description

Traded in Other Exchanges
N/A
Address
1550 Audubon Road, Chaska, MN, USA, 55318
Mike Lindell Media Corp operates a conservative broadcast platform to provide a First-Amendment-friendly alternative to mainstream media options through its platforms at LindellTV.com and vocl.com. Through its platforms, the users can post videos, live stream television, distribute news and information, and find community and fellowship with like-minded viewers.
Executives
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Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
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John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134