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OTMOW (Otonomo Technologies) Interest Coverage : N/A (As of Jun. 2023)


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What is Otonomo 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. Otonomo Technologies's Operating Income for the three months ended in Jun. 2023 was $-7.50 Mil. Otonomo Technologies's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Otonomo Technologies Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Otonomo Technologies's Interest Coverage or its related term are showing as below:


OTMOW's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.06
* 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.


Otonomo Technologies Interest Coverage Historical Data

The historical data trend for Otonomo 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.

Otonomo Technologies Interest Coverage Chart

Otonomo Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
No Debt - No Debt N/A

Otonomo Technologies Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - No Debt N/A N/A N/A

Competitive Comparison of Otonomo Technologies's Interest Coverage

For the Software - Application subindustry, Otonomo 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.


Otonomo Technologies's Interest Coverage Distribution in the Software Industry

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

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


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Otonomo 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.

Otonomo Technologies'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, Otonomo Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-70.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.23 Mil.

GuruFocus does not calculate Otonomo Technologies's interest coverage with the available data.

Otonomo Technologies's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Otonomo Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-7.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.85 Mil.

GuruFocus does not calculate Otonomo Technologies's interest coverage with the available data.

* 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.


Otonomo Technologies  (NAS:OTMOW) 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 .


Otonomo Technologies Interest Coverage Related Terms

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


Otonomo Technologies Business Description

Traded in Other Exchanges
N/A
Address
16 Abba Eban Boulevard, Herzliya Pituach, ISR, 467256
Otonomo Technologies Ltd is a provider of vehicle data. It delivers the Otonomo Vehicle Data Platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. Its vehicle data marketplace is a neutral intermediary between vehicle data providers and data consumers. It provides secure and equal access to hundreds of data attributes that reveal insights into driver behaviour, vehicle health, road hazards, environmental conditions, and traffic trends. Geographically it operates in APAC, and USA whilst earning key revenue from the EMEA region.