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VHAI (Vocodia Holdings) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Vocodia Holdings 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. Vocodia Holdings's Operating Income for the three months ended in Dec. 2024 was $-0.11 Mil. Vocodia Holdings's Interest Expense for the three months ended in Dec. 2024 was $-0.02 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 Vocodia Holdings's Interest Coverage or its related term are showing as below:


VHAI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.095
* 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.


Vocodia Holdings Interest Coverage Historical Data

The historical data trend for Vocodia Holdings'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.

Vocodia Holdings Interest Coverage Chart

Vocodia Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
No Debt N/A - - -

Vocodia Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Vocodia Holdings's Interest Coverage

For the Software - Infrastructure subindustry, Vocodia Holdings'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.


Vocodia Holdings's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Vocodia Holdings's Interest Coverage falls into.


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Vocodia Holdings 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.

Vocodia Holdings'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, Vocodia Holdings's Interest Expense was $-0.43 Mil. Its Operating Income was $-5.90 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Vocodia Holdings did not have earnings to cover the interest expense.

Vocodia Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Vocodia Holdings's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Vocodia Holdings 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.


Vocodia Holdings  (OTCPK:VHAI) 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 .


Vocodia Holdings Interest Coverage Related Terms

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Vocodia Holdings Business Description

Traded in Other Exchanges
N/A
Address
7781 NW Beacon Square Boulevard, Suite No, Boca Raton, FL, USA, 33487
Vocodia Holdings Corp is an AI software company that builds practical AI functions and makes them easily obtainable for businesses on cloud-based platform solutions at low costs and scalable to multiagent vast enterprise solutions..