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Ayfie International AS (OSL:AIX) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Ayfie International AS 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. Ayfie International AS's Operating Income for the six months ended in Dec. 2024 was kr-11.50 Mil. Ayfie International AS's Interest Expense for the six months ended in Dec. 2024 was kr0.29 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 Ayfie International AS's Interest Coverage or its related term are showing as below:


OSL:AIX's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.08
* 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.


Ayfie International AS Interest Coverage Historical Data

The historical data trend for Ayfie International AS'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.

Ayfie International AS Interest Coverage Chart

Ayfie International AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial - 27.61 - - -

Ayfie International AS Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ayfie International AS's Interest Coverage

For the Software - Application subindustry, Ayfie International AS'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.


Ayfie International AS's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Ayfie International AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ayfie International AS's Interest Coverage falls into.


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Ayfie International AS 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.

Ayfie International AS'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, Ayfie International AS's Interest Expense was kr-0.01 Mil. Its Operating Income was kr-23.28 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Ayfie International AS did not have earnings to cover the interest expense.

Ayfie International AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Ayfie International AS's Interest Expense was kr0.29 Mil. Its Operating Income was kr-11.50 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

* 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.


Ayfie International AS  (OSL:AIX) 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 .


Ayfie International AS Interest Coverage Related Terms

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


Ayfie International AS Business Description

Traded in Other Exchanges
N/A
Address
Sjolyst Plass 2, Oslo, NOR, 0278
Ayfie International AS formerly Ayfie Group AS is a search company offering intelligent knowledge discovery products and search solutions. The firm is a software company specializing in text analytics and smart research based on natural language processing and machine learning. Its core products are ayfie Inspector and ayfie Locator which is used in the legal, financial, corporate, and compliance markets. The company generates a majority of its revenue from subscriptions and geographically, it generates from Norway.

Ayfie International AS Headlines

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