GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Baylin Technologies Inc (TSX:BYL) » Definitions » Interest Coverage

Baylin Technologies (TSX:BYL) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Baylin Technologies 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. Baylin Technologies's Operating Income for the three months ended in Mar. 2025 was C$-1.13 Mil. Baylin Technologies's Interest Expense for the three months ended in Mar. 2025 was C$-0.79 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 Baylin Technologies's Interest Coverage or its related term are showing as below:


TSX:BYL's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.105
* 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.


Baylin Technologies Interest Coverage Historical Data

The historical data trend for Baylin Technologies'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.

Baylin Technologies Interest Coverage Chart

Baylin Technologies 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 - - - - -

Baylin Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 1.06 - - -

Competitive Comparison of Baylin Technologies's Interest Coverage

For the Communication Equipment subindustry, Baylin Technologies'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.


Baylin Technologies's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Baylin Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Baylin Technologies's Interest Coverage falls into.


;
;

Baylin Technologies 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.

Baylin Technologies'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, Baylin Technologies's Interest Expense was C$-3.05 Mil. Its Operating Income was C$-1.92 Mil. And its Long-Term Debt & Capital Lease Obligation was C$11.39 Mil.

Baylin Technologies did not have earnings to cover the interest expense.

Baylin Technologies's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Baylin Technologies's Interest Expense was C$-0.79 Mil. Its Operating Income was C$-1.13 Mil. And its Long-Term Debt & Capital Lease Obligation was C$11.78 Mil.

Baylin Technologies 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.


Baylin Technologies  (TSX:BYL) 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 .


Baylin Technologies Interest Coverage Related Terms

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


Baylin Technologies Business Description

Traded in Other Exchanges
Address
4711 Yonge Street, Suite 503, Toronto, ON, CAN, M2N 6K8
Baylin Technologies Inc is a diversified wireless technology company focused on the research, design, development, manufacture, and sale of passive and active radio frequency (RF) and satellite communications products, and the provision of supporting services. Its product portfolio comprises transceivers, pulse amplifiers, outdoor frequency converters, set-top boxes, routers, multi-beam antennas, etc., which are marketed and sold under the brand names Galtronics and Advantech Wireless. Geographically, the company generates maximum revenue from the United States of America, and also has a presence in other markets across the world, such as China, Thailand, Canada, Indonesia, India, Vietnam, France, Spain, Singapore, and others.
Executives
Dan Nohdomi Senior Officer
Harold Morton Wolkin Director
Leighton W. Carroll Senior Officer
Milorad Gavrilovic Senior Officer
Jeffrey Royer 10% Security Holder, Director

Baylin Technologies Headlines

No Headlines