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RMG Networks Holding (RMG Networks Holding) Interest Coverage : No Debt (1) (As of Jun. 2018)


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What is RMG Networks Holding 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. RMG Networks Holding's Operating Income for the three months ended in Jun. 2018 was $-1.35 Mil. RMG Networks Holding's Interest Expense for the three months ended in Jun. 2018 was $0.00 Mil. RMG Networks Holding has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


RMGN's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.34
* 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.


RMG Networks Holding Interest Coverage Historical Data

The historical data trend for RMG Networks Holding'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.

RMG Networks Holding Interest Coverage Chart

RMG Networks Holding Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial N/A - - No Debt -

RMG Networks Holding Quarterly Data
Mar13 Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - - No Debt

Competitive Comparison of RMG Networks Holding's Interest Coverage

For the Specialty Business Services subindustry, RMG Networks Holding'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.


RMG Networks Holding's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RMG Networks Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where RMG Networks Holding's Interest Coverage falls into.



RMG Networks Holding 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.

RMG Networks Holding's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, RMG Networks Holding's Interest Expense was $-0.55 Mil. Its Operating Income was $-4.88 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

RMG Networks Holding did not have earnings to cover the interest expense.

RMG Networks Holding's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Here, for the three months ended in Jun. 2018, RMG Networks Holding's Interest Expense was $0.00 Mil. Its Operating Income was $-1.35 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

RMG Networks Holding had no debt (1).

* 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.


RMG Networks Holding  (NAS:RMGN) 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 .


RMG Networks Holding Interest Coverage Related Terms

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RMG Networks Holding (RMG Networks Holding) Business Description

Traded in Other Exchanges
N/A
Address
RMG Networks Holding Corp is a United States based company. It provides enterprise-class digital signage solutions that are relied upon by a majority of Fortune 100 companies and thousands of overall customers in locations worldwide. Its products are proprietary software, software-embedded hardware, maintenance and support services, content and creative services, installation services and third-party displays. The company delivers complete end-to-end intelligent visual communication solutions to its clients for critical contact center, supply chain, internal communications, hospitality, retail and other applications with a large concentration of customers in the financial services, telecommunications, manufacturing, healthcare, pharmaceutical, and in federal, state and local governments.
Executives
Gregory H Sachs director, 10 percent owner, officer: Executive Chairman SACHS CAPITAL GROUP, 2132 DEEP WATER LANE, SUITE 232, NAPERVILLE IL 60564
Par Capital Management Inc 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Investment Partners Lp 10 percent owner 200 CLARENDON STREET, FL 48, BOSTON MA 02116
Par Group, L.p. 10 percent owner ONE INTERNATIONAL PLACE, SUITE 2401, BOSTON MA 02110
Donna L Parlapiano director 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301