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MMA (Mixed Martial Arts Group) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Mixed Martial Arts Group 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. Mixed Martial Arts Group's Operating Income for the six months ended in Jun. 2024 was $-8.34 Mil. Mixed Martial Arts Group's Interest Expense for the six months ended in Jun. 2024 was $-2.16 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 Mixed Martial Arts Group's Interest Coverage or its related term are showing as below:


MMA's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.81
* 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.

Mixed Martial Arts Group Interest Coverage Historical Data

The historical data trend for Mixed Martial Arts Group'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.

Mixed Martial Arts Group Interest Coverage Chart

Mixed Martial Arts Group Annual Data
Trend Jun22 Jun23 Jun24
Interest Coverage
- - -

Mixed Martial Arts Group Semi-Annual Data
Jun22 Jun23 Jun24
Interest Coverage - - -

Competitive Comparison of Mixed Martial Arts Group's Interest Coverage

For the Leisure subindustry, Mixed Martial Arts Group'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.

Mixed Martial Arts Group's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mixed Martial Arts Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mixed Martial Arts Group's Interest Coverage falls into.


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Mixed Martial Arts Group 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.

Mixed Martial Arts Group'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, Mixed Martial Arts Group's Interest Expense was $-2.16 Mil. Its Operating Income was $-8.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.09 Mil.

Mixed Martial Arts Group did not have earnings to cover the interest expense.

Mixed Martial Arts Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Mixed Martial Arts Group's Interest Expense was $-2.16 Mil. Its Operating Income was $-8.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.09 Mil.

Mixed Martial Arts Group 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.

Mixed Martial Arts Group  (AMEX:MMA) 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 .

Mixed Martial Arts Group Interest Coverage Related Terms

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Mixed Martial Arts Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mixed Martial Arts Group Ltd (AMEX:MMA) » Definitions » Interest Coverage
Comparable Companies
AGH NWTG HWH SRM YYAI GDHG BWMG KENS DSHK PRKAD HKSE:09992 TSE:4661 HKSE:02020 TSE:7832 AS TSE:7309 HAS PLNT LSE:GAW LTH
Traded in Other Exchanges
N/A
Address
29-33, The Corso, Suite 1, Level 1, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Mixed Martial Arts Group Ltd formerly Alta Global Group Ltd is a technology company engaged in the provision and administration of mixed martial arts training programs, and gym programs. It provides subscription-based products and services, offering both B2B SaaS solutions and B2C products and programs, covering online engagement, online content, and immersive in-gym experiences. The company's business units are; Trainalta.com; Mixed Martial Arts.com; and Hype.Co, Mobile Marketing solution. Its Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.