TIOG (Tingo Group) Interest Coverage: 3.67 (As of Sep. 2023)


TIOG Tingo Group Inc TIOG
16 GF Score
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What is Tingo Group Interest Coverage?

Tingo Group TIOG 16 Interest Coverage is 3.67 as of Sep. 2023. GuruFocus rates TIOG with a GF Score™ of 16/100.

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. Tingo Group's Operating Income for the three months ended in Sep. 2023 was $50 Mil. Tingo Group's Interest Expense for the three months ended in Sep. 2023 was $-14 Mil. Tingo Group's interest coverage for the quarter that ended in Sep. 2023 was 3.67. The higher the ratio, the stronger the company's financial strength is.

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


TIOG's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.695
* 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.

Tingo Group  (OTCPK:TIOG) 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 .

Tingo Group Interest Coverage Related Terms

Tingo Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tingo Group'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.

Tingo Group Interest Coverage Chart

Tingo Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 N/A 0.00

Tingo Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 645.72 N/A 9.66 3.67

TIOG vs AMJT, TRAK, PSQH: Interest Coverage Comparison

For the Software - Application subindustry, Tingo Group'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.

Tingo Group Interest Coverage vs Software Industry

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

* The bar in red indicates where Tingo Group's Interest Coverage falls into.


TIOG
16GF Score
Tingo Group Inc TIOG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tingo Group 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.

Tingo Group's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Tingo Group's Interest Expense was $-1 Mil. Its Operating Income was $-12 Mil. And its Long-Term Debt & Capital Lease Obligation was $1 Mil.

Tingo Group did not have earnings to cover the interest expense.

Tingo Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Tingo Group's Interest Expense was $-14 Mil. Its Operating Income was $50 Mil. And its Long-Term Debt & Capital Lease Obligation was $211 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*50.098/-13.644
=3.67

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.67 mean?
Tingo Group (TIOG) has a Interest Coverage of 3.67 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tingo Group and its competitors.
Is Tingo Group's Interest Coverage too high?
Tingo Group's current Interest Coverage is 3.67. The Software industry median Interest Coverage is 24.70. Tingo Group's value of 3.67 is 85.1% below this industry median. Overall, Tingo Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Tingo Group's Interest Coverage compare to AMJT and TRAK?
Tingo Group's Interest Coverage of 3.67 can be compared against companies in the Software industry. The industry median Interest Coverage is 24.70. Tingo Group's value of 3.67 is 85.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.70, based on 1,706 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tingo Group's current Interest Coverage of 3.67 is 85.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tingo Group and its competitors. For the Software industry, the median Interest Coverage is 24.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tingo Group's current Interest Coverage is 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tingo Group stock overvalued right now?
Tingo Group (TIOG) has a current Interest Coverage of 3.67. The current Interest Coverage is 3.67 and 85.1% below the Software industry median of 24.70. Tingo Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Tingo Group (TIOG), the current Interest Coverage is 3.67 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tingo Group Business Description

Address 28 West Grand Avenue, Suite 3, Montvale, NJ, USA, 07645
Tingo Group Inc is a financial technology business focusing on the growth and development technology company currently selling insurance products across various cities in China, with planned expansion into additional markets. Tingo Group has developed scalable proprietary platforms for insurance products and financial services and products, the technology for which is adaptable for other applications and markets. It is a Fintech and Agri-Fintech group of companies with operations in Africa, Southeast Asia and the Middle East.
16GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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