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QPRC (Quest Patent Research) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Quest Patent Research 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. Quest Patent Research's Operating Income for the three months ended in Mar. 2025 was $-0.66 Mil. Quest Patent Research's Interest Expense for the three months ended in Mar. 2025 was $-0.17 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 Quest Patent Research's Interest Coverage or its related term are showing as below:


QPRC's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.53
* 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.


Quest Patent Research Interest Coverage Historical Data

The historical data trend for Quest Patent Research'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.

Quest Patent Research Interest Coverage Chart

Quest Patent Research Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Quest Patent Research Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of Quest Patent Research's Interest Coverage

For the Specialty Business Services subindustry, Quest Patent Research'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.


Quest Patent Research's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quest Patent Research's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quest Patent Research's Interest Coverage falls into.


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Quest Patent Research 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.

Quest Patent Research'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, Quest Patent Research's Interest Expense was $-0.69 Mil. Its Operating Income was $-1.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.15 Mil.

Quest Patent Research did not have earnings to cover the interest expense.

Quest Patent Research's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Quest Patent Research's Interest Expense was $-0.17 Mil. Its Operating Income was $-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.15 Mil.

Quest Patent Research 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.


Quest Patent Research  (OTCPK:QPRC) 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 .


Quest Patent Research Interest Coverage Related Terms

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


Quest Patent Research Business Description

Traded in Other Exchanges
N/A
Address
411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411
Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.
Executives
Timothy J Scahill director 472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll director 242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino director 7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill director, officer: President & COO 24 GREENHAVEN RD., RYE NY 10580-1018