GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SharpLink Gaming Inc (NAS:SBET) » Definitions » Interest Coverage

SBET (SharpLink Gaming) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is SharpLink Gaming 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. SharpLink Gaming's Operating Income for the three months ended in Mar. 2025 was $-0.93 Mil. SharpLink Gaming's Interest Expense for the three months ended in Mar. 2025 was $0.00 Mil. SharpLink Gaming has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

SharpLink Gaming Inc has no debt.

(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 SharpLink Gaming's Interest Coverage or its related term are showing as below:

SBET' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


SBET's Interest Coverage is ranked better than
99.35% of 613 companies
in the Travel & Leisure industry
Industry Median: 4.54 vs SBET: No Debt

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


SharpLink Gaming Interest Coverage Historical Data

The historical data trend for SharpLink Gaming'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.

SharpLink Gaming Interest Coverage Chart

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial - N/A - - -

SharpLink Gaming Quarterly Data
Dec20 Jun21 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 - No Debt No Debt No Debt No Debt

Competitive Comparison of SharpLink Gaming's Interest Coverage

For the Gambling subindustry, SharpLink Gaming'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.


SharpLink Gaming's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SharpLink Gaming's Interest Coverage distribution charts can be found below:

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


;
;

SharpLink Gaming 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.

SharpLink Gaming'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, SharpLink Gaming's Interest Expense was $-0.33 Mil. Its Operating Income was $-4.76 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

SharpLink Gaming did not have earnings to cover the interest expense.

SharpLink Gaming's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, SharpLink Gaming's Interest Expense was $0.00 Mil. Its Operating Income was $-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

SharpLink Gaming 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.


SharpLink Gaming  (NAS:SBET) 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 .


SharpLink Gaming Interest Coverage Related Terms

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


SharpLink Gaming Business Description

Traded in Other Exchanges
N/A
Address
333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401
SharpLink Gaming Inc is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The company owns a performance marketing platform through which the company owns and operates state-specific web domains designed to attract, acquire, and drive local sports betting and casino traffic directly to its sportsbook and casino partners which are licensed to operate in each respective state. The company has one operating segment: Affiliate Marketing Services, which operates in United States and Rest of the world. The company generates the majority of the revenue earned from the Affiliate Marketing Services in Rest of the world.
Executives
Thomas A Doering director 10202 E. JOURNEY LANE, SCOTTSDALE AZ 85255
Robert Michael Delucia officer: Chief Financial Officer 4400 CARILLON POINT, KIRKLAND WA 98033
Scott J Pollei director C/O DOLAN MEDIA COMPANY, 706 SECOND AVENUE SOUTH, SUITE 1200, MINNEAPOLIS MN 55402
Paul Abdo director 6412 CHEROKEE TRAIL, EDINA MN 55439
Christopher J Nicholas director, officer: Chief Operating Officer 91 WESTBURY, AVON CT 06001
Rob Phythian director, officer: Chief Executive Officer 1886 ELEANOR AVENUE, ST. PAUL MN 55116
Joseph Clifford Housman director 6820 105TH TRN, BROOKLYN PARK MN 55445
David Jay Abbott officer: Chief Technology Officer 17713 KINGSWAY PATH, LAKEVILLE MN 55044
Adrienne Anderson director 5911 NW 58TH TERRACE, PARKLAND FL 33067
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340