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NeoMedia Technologies (NeoMedia Technologies) Interest Coverage : 41.50 (As of Sep. 2015)


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What is NeoMedia Technologies 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. NeoMedia Technologies's Operating Income for the three months ended in Sep. 2015 was $0.33 Mil. NeoMedia Technologies's Interest Expense for the three months ended in Sep. 2015 was $-0.01 Mil. NeoMedia Technologies's interest coverage for the quarter that ended in Sep. 2015 was 41.50. 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 NeoMedia Technologies's Interest Coverage or its related term are showing as below:


NEOM's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.785
* 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.


NeoMedia Technologies Interest Coverage Historical Data

The historical data trend for NeoMedia Technologies'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.

NeoMedia Technologies Interest Coverage Chart

NeoMedia Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - No Debt No Debt

NeoMedia Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 No Debt No Debt 11.05 48.00 41.50

Competitive Comparison of NeoMedia Technologies's Interest Coverage

For the Software - Application subindustry, NeoMedia Technologies'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.


NeoMedia Technologies's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, NeoMedia Technologies's Interest Coverage distribution charts can be found below:

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



NeoMedia Technologies 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.

NeoMedia Technologies's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, NeoMedia Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

NeoMedia Technologies had no debt (1).

NeoMedia Technologies's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Here, for the three months ended in Sep. 2015, NeoMedia Technologies's Interest Expense was $-0.01 Mil. Its Operating Income was $0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2015 )/Interest Expense (Q: Sep. 2015 )
=-1*0.332/-0.008
=41.50

* 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.


NeoMedia Technologies  (OTCPK:NEOM) 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 .


NeoMedia Technologies Interest Coverage Related Terms

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


NeoMedia Technologies (NeoMedia Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1515 Walnut Street, Suite 100, Boulder, CO, USA, 80302
NeoMedia Technologies Inc is a U.S based company engaged in the development of two dimensional (2D) mobile barcode technology and services solutions that enable the mobile barcode ecosystem around the world. With the company's technology, mobile devices with cameras become barcode scanners, enabling a range of practical applications, including mobile marketing and mobile commerce.
Executives
Jeff J Huitt officer: Chief Financial Officer 10651 WEST 34TH PLACE, WHEAT RIDGE CO 80033
Patrick Soon-shiong 10 percent owner 9922 JEFFERSON BOULEVARD, CULVER CITY CA 90232
J Michael Cline 10 percent owner 51 MADISON AVENUE, 31ST FL, NEW YORK NY 10010
Sarah Ann Fay director 5 GORHAN AVENUE, BROOKLINE MA 02445
Cornell Capital Partners Lp 10 percent owner 101 HUDSON STREET, SUITE 3606, JERSEY CITY NJ 07302
Marc Angelo 10 percent owner 101 HUDSON STREET, JERSEY CITY NJ 07302
Yorkville Advisors Llc 10 percent owner 101 HUDSON STREET, JERSEY CITY NJ 07302

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