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Beretta Ventures (TSXV:BRTA.H) Interest Coverage : 0 (At Loss) (As of Feb. 2025)


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What is Beretta Ventures 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. Beretta Ventures's Operating Income for the three months ended in Feb. 2025 was C$-0.01 Mil. Beretta Ventures's Interest Expense for the three months ended in Feb. 2025 was C$-0.01 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 Beretta Ventures's Interest Coverage or its related term are showing as below:


TSXV:BRTA.H's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


Beretta Ventures Interest Coverage Historical Data

The historical data trend for Beretta Ventures'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.

Beretta Ventures Interest Coverage Chart

Beretta Ventures Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - No Debt - -

Beretta Ventures Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 Beretta Ventures's Interest Coverage

For the Shell Companies subindustry, Beretta Ventures'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.


Beretta Ventures's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Beretta Ventures's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Beretta Ventures's Interest Coverage falls into.


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Beretta Ventures 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.

Beretta Ventures's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, Beretta Ventures's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Beretta Ventures did not have earnings to cover the interest expense.

Beretta Ventures's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, Beretta Ventures's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Beretta Ventures 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.


Beretta Ventures  (TSXV:BRTA.H) 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 .


Beretta Ventures Interest Coverage Related Terms

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


Beretta Ventures Business Description

Traded in Other Exchanges
N/A
Address
515 - 701 West Georgia Street, P.O. Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C6
Website
Beretta Ventures Ltd is a capital pool company engaged in the identification and evaluation of assets or businesses. The company will not carry on any business other than the identification and evaluation of assets or businesses to complete a qualifying transaction.

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