SING (SinglePoint) Interest Coverage: 0 (At Loss) (As of Dec. 2024)


SING SinglePoint Inc SING
12 GF Score
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What is SinglePoint Interest Coverage?

SinglePoint SING 12 Interest Coverage is 0 (At Loss) as of Dec. 2024. GuruFocus rates SING with a GF Score™ of 12/100.

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. SinglePoint's Operating Income for the three months ended in Dec. 2024 was $-2.16 Mil. SinglePoint's Interest Expense for the three months ended in Dec. 2024 was $-0.61 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 SinglePoint's Interest Coverage or its related term are showing as below:


SING's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.13
* 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.


SinglePoint  (OTCPK:SING) 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 .


SinglePoint Interest Coverage Related Terms


SinglePoint Interest Coverage Historical Data

* Premium members only.

The historical data trend for SinglePoint'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.

SinglePoint Interest Coverage Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SinglePoint Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.00 0.00 0.00 0.00 0.00

SING vs VSTTF, NOVAQ, FSLR: Interest Coverage Comparison

For the Solar subindustry, SinglePoint'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.


SinglePoint Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SinglePoint's Interest Coverage distribution charts can be found below:

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


SING
12GF Score
SinglePoint Inc SING
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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SinglePoint 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.

SinglePoint'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, SinglePoint's Interest Expense was $-3.43 Mil. Its Operating Income was $-10.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.97 Mil.

SinglePoint did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2024, SinglePoint's Interest Expense was $-0.61 Mil. Its Operating Income was $-2.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.97 Mil.

SinglePoint 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
SinglePoint (SING) has a Interest Coverage of 0 (At Loss) as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SinglePoint and its competitors.
Is SinglePoint's Interest Coverage too high?
SinglePoint's current Interest Coverage is 0 (At Loss). Overall, SinglePoint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SinglePoint's Interest Coverage compare to VSTTF and NOVAQ?
SinglePoint's Interest Coverage of 0 (At Loss) can be compared against companies in the Semiconductors industry. The industry median Interest Coverage is 20.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.13, based on 637 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SinglePoint and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SinglePoint's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinglePoint stock overvalued right now?
SinglePoint (SING) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). SinglePoint's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For SinglePoint (SING), the current Interest Coverage is 0 (At Loss) as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SinglePoint Business Description

Address 3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector, addressing the need for air purification in schools and offices. The company is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances that enhance sustainability.
12GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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