White Pearl Technology Group AB (OSTO:WPTG B) Interest Coverage : N/A (As of Jun. 2023)

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What is White Pearl Technology Group AB 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. White Pearl Technology Group AB's Operating Income for the three months ended in Jun. 2023 was kr0.00 Mil. White Pearl Technology Group AB's Interest Expense for the three months ended in Jun. 2023 was kr0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for White Pearl Technology Group AB's Interest Coverage or its related term are showing as below:

OSTO:WPTG B' s Interest Coverage Range Over the Past 10 Years
Min: 14.27 Med: 24.17 Max: No Debt
Current: 14.27

OSTO:WPTG B's Interest Coverage is ranked worse than
60.83% of 1598 companies
in the Software industry
Industry Median: 29.27 vs OSTO:WPTG B: 14.27

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

White Pearl Technology Group AB Interest Coverage Historical Data

The historical data trend for White Pearl Technology Group AB'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.

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White Pearl Technology Group AB Interest Coverage Chart

White Pearl Technology Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

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24.17

White Pearl Technology Group AB Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	-	N/A

Competitive Comparison of White Pearl Technology Group AB's Interest Coverage

For the Information Technology Services subindustry, White Pearl Technology Group AB'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.

White Pearl Technology Group AB's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, White Pearl Technology Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where White Pearl Technology Group AB's Interest Coverage falls into.

White Pearl Technology Group AB 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.

White Pearl Technology Group AB's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, White Pearl Technology Group AB's Interest Expense was kr-0.03 Mil. Its Operating Income was kr-6.62 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

White Pearl Technology Group AB did not have earnings to cover the interest expense.

White Pearl Technology Group AB's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, White Pearl Technology Group AB's Interest Expense was kr0.00 Mil. Its Operating Income was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was kr67.96 Mil.

GuruFocus does not calculate White Pearl Technology Group AB's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

White Pearl Technology Group AB (OSTO:WPTG B) 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 .

White Pearl Technology Group AB Interest Coverage Related Terms

Thank you for viewing the detailed overview of White Pearl Technology Group AB's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

White Pearl Technology Group AB (OSTO:WPTG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » White Pearl Technology Group AB (OSTO:WPTG B) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 29, Stockholm, SWE, 11156

Website

https://www.whitepearltech.com

White Pearl Technology Group AB is operating as a diversified IT company that not only sells its cutting-edge solutions and products but also offers a wide range of services and products from third-party vendors. With a strong global presence spanning 30 countries, the group has established itself as a key player in various markets around the world. The group's primary focus is on emerging markets, specifically Africa, the Middle East, Asia, and to a lesser extent, Latin America. These regions present significant growth opportunities, and the group is actively involved in catering to the technological needs of businesses operating in these markets. By providing innovative solutions and services, the group aims to empower organizations in these regions to thrive in the digital era.

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