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Ynvisible Interactive (TSXV:YNV) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Ynvisible Interactive 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. Ynvisible Interactive's Operating Income for the three months ended in Mar. 2025 was C$-1.46 Mil. Ynvisible Interactive's Interest Expense for the three months ended in Mar. 2025 was C$-0.00 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 Ynvisible Interactive's Interest Coverage or its related term are showing as below:


TSXV:YNV's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.09
* 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.


Ynvisible Interactive Interest Coverage Historical Data

The historical data trend for Ynvisible Interactive'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.

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Ynvisible Interactive Interest Coverage Chart

Ynvisible Interactive Annual Data
Trend Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Ynvisible Interactive Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Ynvisible Interactive's Interest Coverage

For the Electronic Components subindustry, Ynvisible Interactive'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.


Ynvisible Interactive's Interest Coverage Distribution in the Hardware Industry

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

* The bar in red indicates where Ynvisible Interactive's Interest Coverage falls into.


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Ynvisible Interactive 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.

Ynvisible Interactive'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, Ynvisible Interactive's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-5.16 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Ynvisible Interactive did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Ynvisible Interactive's Interest Expense was C$-0.00 Mil. Its Operating Income was C$-1.46 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.05 Mil.

Ynvisible Interactive 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.


Ynvisible Interactive  (TSXV:YNV) 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 .


Ynvisible Interactive Interest Coverage Related Terms

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Ynvisible Interactive Business Description

Traded in Other Exchanges
Address
1100 Melville Street, P.O. Box 43, Suite 830, Vancouver, BC, CAN, V6E 4A6
Ynvisible Interactive Inc designs and develops printed electronic components. The products and services of the company include electrochromic displays; services for product design, prototyping, and R&D for tailored application needs; digital signage, and licensing. The company has one operating segment being the development and sale of EC displays in Europe.
Executives
Ines Domingues Da Silva Henriques Director
Ramin Heydarpour Director, Senior Officer
Benjamin Donald Leboe Director
Michael Paul Robinson Director
Alexander Bernhard Helmel Director
Darren Charles Urquhart Senior Officer

Ynvisible Interactive Headlines

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