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Better Plant Sciences (STU:YG3A) Interest Coverage : 0 (At Loss) (As of Aug. 2023)


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What is Better Plant Sciences 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. Better Plant Sciences's Operating Income for the three months ended in Aug. 2023 was €-0.01 Mil. Better Plant Sciences's Interest Expense for the three months ended in Aug. 2023 was €-0.12 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 Better Plant Sciences's Interest Coverage or its related term are showing as below:


STU:YG3A's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 12.56
* 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.


Better Plant Sciences Interest Coverage Historical Data

The historical data trend for Better Plant Sciences'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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Better Plant Sciences Interest Coverage Chart

Better Plant Sciences Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Interest Coverage
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Better Plant Sciences Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 - - - - -

Competitive Comparison of Better Plant Sciences's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Better Plant Sciences'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.


Better Plant Sciences's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Better Plant Sciences's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Better Plant Sciences's Interest Coverage falls into.



Better Plant Sciences 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.

Better Plant Sciences's Interest Coverage for the fiscal year that ended in Nov. 2022 is calculated as

Here, for the fiscal year that ended in Nov. 2022, Better Plant Sciences's Interest Expense was €-0.19 Mil. Its Operating Income was €-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.64 Mil.

Better Plant Sciences did not have earnings to cover the interest expense.

Better Plant Sciences's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the three months ended in Aug. 2023, Better Plant Sciences's Interest Expense was €-0.12 Mil. Its Operating Income was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Better Plant Sciences 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.


Better Plant Sciences  (STU:YG3A) 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 .


Better Plant Sciences Interest Coverage Related Terms

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


Better Plant Sciences (STU:YG3A) Business Description

Traded in Other Exchanges
N/A
Address
2770 Fraser Street, Unit 1, Vancouver, BC, CAN, V5T 3V7
Better Plant Sciences Inc provides marketing, financial, branding, bookkeeping, and other services.

Better Plant Sciences (STU:YG3A) Headlines

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