QTTOY (Qutoutiao) Interest Coverage : 0.17 (As of Dec. 2024)

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What is Qutoutiao 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. Qutoutiao's Operating Income for the six months ended in Dec. 2024 was $4.6 Mil. Qutoutiao's Interest Expense for the six months ended in Dec. 2024 was $-27.8 Mil. Qutoutiao's interest coverage for the quarter that ended in Dec. 2024 was 0.17. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Qutoutiao Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

QTTOY' s Interest Coverage Range Over the Past 10 Years
Min: 0.17 Med: No Debt Max: No Debt
Current: 0.17

QTTOY's Interest Coverage is ranked worse than
97.99% of 299 companies
in the Interactive Media industry
Industry Median: 29.06 vs QTTOY: 0.17

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

Qutoutiao Interest Coverage Historical Data

The historical data trend for Qutoutiao'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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Qutoutiao Interest Coverage Chart

Qutoutiao Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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0.17

Qutoutiao Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Interest Coverage	Get a 7-Day Free Trial				-	-	-	-	0.17

Competitive Comparison of Qutoutiao's Interest Coverage

For the Internet Content & Information subindustry, Qutoutiao'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.

Qutoutiao's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qutoutiao's Interest Coverage distribution charts can be found below:

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

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Qutoutiao 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.

Qutoutiao'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, Qutoutiao's Interest Expense was $-27.8 Mil. Its Operating Income was $4.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $298.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	4.597	/	-27.756
	=	0.17

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

Here, for the six months ended in Dec. 2024, Qutoutiao's Interest Expense was $-27.8 Mil. Its Operating Income was $4.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $298.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4.597	/	-27.756
	=	0.17

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

Qutoutiao (OTCPK:QTTOY) 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 .

Qutoutiao Interest Coverage Related Terms

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

Qutoutiao Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qutoutiao Inc (OTCPK:QTTOY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

519 Yi De Road, Building No. 2, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124

Website

https://www.qutoutiao.net

Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application, Qutoutiao, aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms, which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature. The company generates revenue by providing advertising and marketing services.