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TBTC (Table Trac) Interest Coverage : N/A (As of Dec. 2024)


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What is Table Trac 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. Table Trac's Operating Income for the three months ended in Dec. 2024 was $0.49 Mil. Table Trac's Interest Expense for the three months ended in Dec. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Table Trac Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


TBTC's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.41
* 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.


Table Trac Interest Coverage Historical Data

The historical data trend for Table Trac'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.

Table Trac Interest Coverage Chart

Table Trac Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Table Trac 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 N/A N/A N/A N/A N/A

Competitive Comparison of Table Trac's Interest Coverage

For the Resorts & Casinos subindustry, Table Trac'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.


Table Trac's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Table Trac's Interest Coverage distribution charts can be found below:

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


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Table Trac 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.

Table Trac'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, Table Trac's Interest Expense was $0.00 Mil. Its Operating Income was $1.72 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.44 Mil.

GuruFocus does not calculate Table Trac's interest coverage with the available data.

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

Here, for the three months ended in Dec. 2024, Table Trac's Interest Expense was $0.00 Mil. Its Operating Income was $0.49 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.44 Mil.

GuruFocus does not calculate Table Trac's interest coverage with the available data.

* 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.


Table Trac  (OTCPK:TBTC) 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 .


Table Trac Interest Coverage Related Terms

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


Table Trac Business Description

Traded in Other Exchanges
N/A
Address
6101 Baker Road, Suite 206, Minnetonka, MN, USA, 55345
Table Trac Inc develops patented proprietary information and management systems that automate and monitor the operations of casino table game operations. It also provides technical support to the casinos. The company mainly operates in the United States, Australia, Japan, the Caribbean, and countries in both Central and South America. It derives the majority of its revenues from system sales, licenses and maintenance fees, hardware leasing, and services. The Company sells and leases systems and technical support to casinos. It has casino management systems, table games management systems, DataTrac, KioskTrac, and ancillary products installed with ongoing support and maintenance contracts. The group operates in a single reportable segment, the casino products segment.
Executives
William Martinez director 6101 BAKER RD, #206, MINNETONKA MN 55345
Thomas J Mertens director 6101 BAKER RD., #206, MINNETONKA MN 55345
Louis C Fornetti director 6101 BAKER ROAD, SUITE 206, MINNETONKA MN 55345
Randy Gilbert officer: Chief Financial Officer 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Gary L Loebig director 206 WILD BASIN ROAD, BLDG B 4TH FLOOR, AUSTIN TX 78746
Brian Hinchley officer: Chief Financial Officer 6101 BAKER ROAD, SUITE 206, MINNETONKA MN 55345
Chad B Hoehne director, officer: President and CEO 15612 HIGHWAY 7, SUITE 331, MINNETONKA MN 55345
Steven A Browne director 1960 NEWMAN, CARSON CITY NV 89703
Michael I Connolly director 7800 BELFORT PARKWAY, SUITE 165, JACKSONVILLE FL 32256
Robert Siqveland director, officer: Exec. Asst and Secretary 15612 HIGHWAY 7, SUITE 331, MINNETONKA MN 55345
Glenn Joseph Goulet director 10708 BULL RIDGE DRIVE, AUSTIN TX 78759
Scott E Smith director 10513 RIGBY DRIVE, EDEN PRAIRIE MN 55447

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