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Smart Card Marketing Systems (Smart Card Marketing Systems) Interest Coverage : No Debt (1) (As of Jun. 2023)


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What is Smart Card Marketing Systems 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. Smart Card Marketing Systems's Operating Income for the three months ended in Jun. 2023 was $-0.14 Mil. Smart Card Marketing Systems's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Smart Card Marketing Systems 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 Smart Card Marketing Systems's Interest Coverage or its related term are showing as below:

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


SMKG's Interest Coverage is not ranked
in the Software industry.
Industry Median: 29.785 vs SMKG: 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.


Smart Card Marketing Systems Interest Coverage Historical Data

The historical data trend for Smart Card Marketing Systems'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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Smart Card Marketing Systems Interest Coverage Chart

Smart Card Marketing Systems Annual Data
Trend Dec20 Dec21
Interest Coverage
- No Debt

Smart Card Marketing Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - No Debt No Debt No Debt No Debt

Competitive Comparison of Smart Card Marketing Systems's Interest Coverage

For the Software - Infrastructure subindustry, Smart Card Marketing Systems'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.


Smart Card Marketing Systems's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Smart Card Marketing Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Smart Card Marketing Systems's Interest Coverage falls into.



Smart Card Marketing Systems 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.

Smart Card Marketing Systems's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Smart Card Marketing Systems's Interest Expense was $0.00 Mil. Its Operating Income was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Smart Card Marketing Systems had no debt (1).

Smart Card Marketing Systems's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Smart Card Marketing Systems's Interest Expense was $0.00 Mil. Its Operating Income was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Smart Card Marketing Systems 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.


Smart Card Marketing Systems  (OTCPK:SMKG) 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 .


Smart Card Marketing Systems Interest Coverage Related Terms

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Smart Card Marketing Systems (Smart Card Marketing Systems) Business Description

Traded in Other Exchanges
N/A
Address
20c Trolley Square, Wilmington, DE, USA, 19806
Smart Card Marketing Systems Inc is a fintech and paytech company in specialized ecommerce, cloud and mobility marketplace and applications to the global banking, telecom, retail and digital realm markets. It is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of commercial strategies and wireframes for banking, enterprises, retail e-wallets, digital id, cross-border payments, blockchain, crypto issuing, chatbot ai, nft, e-KYC, digital workforce, events & media management, edtech, tele- med and transit-booking industries.

Smart Card Marketing Systems (Smart Card Marketing Systems) Headlines

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