Everybody Loves Languages (TSXV:ELL) Interest Coverage : 0 (At Loss) (As of Sep. 2021)

View and export this data going back to 1994. Start your Free Trial

What is Everybody Loves Languages 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. Everybody Loves Languages's Operating Income for the three months ended in Sep. 2021 was C$-0.27 Mil. Everybody Loves Languages's Interest Expense for the three months ended in Sep. 2021 was C$-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 Everybody Loves Languages's Interest Coverage or its related term are showing as below:

TSXV:ELL's Interest Coverage is not ranked ^*
in the Education industry.
Industry Median: 15.465
* 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.

Everybody Loves Languages Interest Coverage Historical Data

The historical data trend for Everybody Loves Languages'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.

Everybody Loves Languages Interest Coverage Chart

Everybody Loves Languages Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Coverage

Get a 7-Day Free Trial

12.06

4.23

196.86

Everybody Loves Languages Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Interest Coverage	Get a 7-Day Free Trial															-	70.80	-	208.67	-

Competitive Comparison of Everybody Loves Languages's Interest Coverage

For the Education & Training Services subindustry, Everybody Loves Languages'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.

Everybody Loves Languages's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Everybody Loves Languages's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Everybody Loves Languages's Interest Coverage falls into.

Everybody Loves Languages 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.

Everybody Loves Languages's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Everybody Loves Languages's Interest Expense was C$-0.01 Mil. Its Operating Income was C$1.38 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.07 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2020 )	/	Interest Expense (A: Dec. 2020 )
	=	-1	*	1.378	/	-0.007
	=	196.86

Everybody Loves Languages's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Everybody Loves Languages's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.08 Mil.

Everybody Loves Languages did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Everybody Loves Languages (TSXV:ELL) 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 .

Everybody Loves Languages Interest Coverage Related Terms

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

Everybody Loves Languages (TSXV:ELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Everybody Loves Languages Corp (TSXV:ELL) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8

Website

https://www.elltechnologies.com

Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

Everybody Loves Languages (TSXV:ELL) Headlines

No Headlines