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Brand 24 (STU:8GS) Interest Coverage : 13.26 (As of Mar. 2024)


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What is Brand 24 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. Brand 24's Operating Income for the three months ended in Mar. 2024 was €0.25 Mil. Brand 24's Interest Expense for the three months ended in Mar. 2024 was €-0.02 Mil. Brand 24's interest coverage for the quarter that ended in Mar. 2024 was 13.26. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Brand 24's Interest Coverage or its related term are showing as below:

STU:8GS' s Interest Coverage Range Over the Past 10 Years
Min: 2.44   Med: 15.04   Max: 23.58
Current: 18.05


STU:8GS's Interest Coverage is ranked worse than
57.06% of 1628 companies
in the Software industry
Industry Median: 29.035 vs STU:8GS: 18.05

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


Brand 24 Interest Coverage Historical Data

The historical data trend for Brand 24'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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Brand 24 Interest Coverage Chart

Brand 24 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - - 2.43 14.95 23.82

Brand 24 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.86 59.17 20.31 7.61 13.26

Competitive Comparison of Brand 24's Interest Coverage

For the Software - Application subindustry, Brand 24'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.


Brand 24's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Brand 24's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brand 24's Interest Coverage falls into.



Brand 24 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.

Brand 24's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Brand 24's Interest Expense was €-0.04 Mil. Its Operating Income was €1.05 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.95 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1.048/-0.044
=23.82

Brand 24's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Brand 24's Interest Expense was €-0.02 Mil. Its Operating Income was €0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.89 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.252/-0.019
=13.26

* 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.


Brand 24  (STU:8GS) 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 .


Brand 24 Interest Coverage Related Terms

Thank you for viewing the detailed overview of Brand 24's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Brand 24 Business Description

Traded in Other Exchanges
Address
ul. Strzegomska 138, Wroclaw, POL, 54-429
Brand 24 SA is a Poland based creator and supplier of Brand 24 analytics software used to monitor Internet content, including on social media such as Facebook or Twitter, on blogs, forums and on information services. The Brand 24 software collects and initially analyzes public mentions of brands, products and topics generally covered by monitored keywords in accordance with user-defined criteria.

Brand 24 Headlines

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