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Winking Studios (SGX:WKS) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Winking Studios 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. Winking Studios's Operating Income for the six months ended in Dec. 2024 was S$-2.51 Mil. Winking Studios's Interest Expense for the six months ended in Dec. 2024 was S$-0.06 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 Winking Studios's Interest Coverage or its related term are showing as below:


SGX:WKS's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 33.545
* 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.


Winking Studios Interest Coverage Historical Data

The historical data trend for Winking Studios'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.

Winking Studios Interest Coverage Chart

Winking Studios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
122.76 130.06 15.79 16.02 -

Winking Studios Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial N/A 29.69 3.31 24.06 -

Competitive Comparison of Winking Studios's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Winking Studios'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.


Winking Studios's Interest Coverage Distribution in the Interactive Media Industry

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

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


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Winking Studios 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.

Winking Studios'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, Winking Studios's Interest Expense was S$-0.11 Mil. Its Operating Income was S$-2.00 Mil. And its Long-Term Debt & Capital Lease Obligation was S$2.55 Mil.

Winking Studios did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2024, Winking Studios's Interest Expense was S$-0.06 Mil. Its Operating Income was S$-2.51 Mil. And its Long-Term Debt & Capital Lease Obligation was S$2.55 Mil.

Winking Studios 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.


Winking Studios  (SGX:WKS) 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 .


Winking Studios Interest Coverage Related Terms

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


Winking Studios Business Description

Traded in Other Exchanges
Address
6 Raffles Quay, No. 14-06, Singapore, SGP, 048580
Winking Studios Ltd is an art outsourcing and game development studio providing complete end-to-end art outsourcing and game development services across various platforms. The three primary business segments of the company are the Art Outsourcing Segment, Game Development Segment, and Global Publishing and Other Services Segment. The company derives maximum revenue from the Art Outsourcing Segment which creates and develops digital art assets as part of its provision of art outsourcing services. The Group can provide a wide gamut of design services that include 2D concept art, 3D modeling, 2D animation, 3D animation, and visual effects. This art includes environment design and game character design.

Winking Studios Headlines

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