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SITO Mobile (SITO Mobile) Interest Coverage : 0 (At Loss) (As of Sep. 2019)


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What is SITO Mobile 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. SITO Mobile's Operating Income for the three months ended in Sep. 2019 was $-13.93 Mil. SITO Mobile's Interest Expense for the three months ended in Sep. 2019 was $-1.29 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 SITO Mobile's Interest Coverage or its related term are showing as below:


STTO's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.65
* 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.


SITO Mobile Interest Coverage Historical Data

The historical data trend for SITO Mobile'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.

SITO Mobile Interest Coverage Chart

SITO Mobile Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - N/A

SITO Mobile Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 N/A - No Debt - -

Competitive Comparison of SITO Mobile's Interest Coverage

For the Telecom Services subindustry, SITO Mobile'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.


SITO Mobile's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SITO Mobile's Interest Coverage distribution charts can be found below:

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



SITO Mobile 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.

SITO Mobile's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, SITO Mobile's Interest Expense was $0.00 Mil. Its Operating Income was $-18.47 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

GuruFocus does not calculate SITO Mobile's interest coverage with the available data.

SITO Mobile's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, SITO Mobile's Interest Expense was $-1.29 Mil. Its Operating Income was $-13.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

SITO Mobile 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.


SITO Mobile  (OTCPK:STTO) 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 .


SITO Mobile Interest Coverage Related Terms

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


SITO Mobile (SITO Mobile) Business Description

Traded in Other Exchanges
N/A
Address
100 Town Square Place, Suite 204, Jersey City, NJ, USA, 07310
SITO Mobile Ltd operates a mobile location-based advertising platform serving businesses, advertisers, and brands. Business activity of the group is operated SITO Location Based Advertising and SITO Mobile Messaging source. SITO Location Based Advertising displays advertisements and videos on behalf of advertisers including various features, such as geo-fencing, verified walk-in, behavioral targeting, and analytics and optimization; and SITO Mobile Messaging is a platform for building and controlling tailored programs including messaging and customer incentive programs. Its platform and tools are designed to enable large brands or anyone with substantial reach to utilize the mobile device as a new means to communicate.
Executives
Stephen D Baksa director
Scott L Kauffman officer: Chief Executive Officer 260 CHURCHILL AVENUE, PALO ALTO CA 94301
Priore Mark Del other: Former Chief Financial Officer C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Itzhak Fisher director 767 FIFTH AVE STE 4300, NEW YORK NY 10153
Matthew Stecker director 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Thomas Thekkethala director 9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Brent David Rosenthal director C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Betsy J Bernard director 711 HIGH STREET, DES MOINES IA 50392-0300
Lawrence Firestone officer: Interim CFO C/O CVD EQUIPMENT CORPORATION, C/O CVD EQUIPMENT CORPORATION, CENTRAL ISLIP NY 11722
Lowell W Robinson director 470 WEST END AVENUE, NEW YORK NY 10024
Karen Singer 10 percent owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Philip B Livingston director 1241 EAST MAIN ST, STAMFORD CT 06902
Stuart Levine director 3 HUNTINGTON QUADRANGLE, SUITE 200S, MELVILLE NY 11747-8943
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109