VSST (Voice Assist) Interest Coverage: 0 (At Loss) (As of Sep. 2013)


What is Voice Assist Interest Coverage?

Voice Assist VSST -19.64% Interest Coverage is 0 (At Loss) as of Sep. 2013.

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. Voice Assist's Operating Income for the three months ended in Sep. 2013 was $-0.55 Mil. Voice Assist's Interest Expense for the three months ended in Sep. 2013 was $-0.05 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 Voice Assist's Interest Coverage or its related term are showing as below:


VSST's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.65
* 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.

Voice Assist  (OTCPK:VSST) 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 .

Voice Assist Interest Coverage Related Terms

Voice Assist Interest Coverage Historical Data

* Premium members only.

The historical data trend for Voice Assist'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.

Voice Assist Interest Coverage Chart

Voice Assist Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Interest Coverage
No Debt 0.00 0.00 0.00 0.00

Voice Assist Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 No Debt No Debt No Debt 0.00 0.00

VSST vs FULO, DIRV, TOWTF: Interest Coverage Comparison

For the Software - Application subindustry, Voice Assist'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.

Voice Assist Interest Coverage vs Software Industry

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

* The bar in red indicates where Voice Assist's Interest Coverage falls into.


Voice Assist 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.

Voice Assist's Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Voice Assist's Interest Expense was $-0.00 Mil. Its Operating Income was $-2.71 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Voice Assist did not have earnings to cover the interest expense.

Voice Assist's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Here, for the three months ended in Sep. 2013, Voice Assist's Interest Expense was $-0.05 Mil. Its Operating Income was $-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Voice Assist 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Voice Assist (VSST) has a Interest Coverage of 0 (At Loss) as of Sep. 2013. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Voice Assist and its competitors.
Is Voice Assist's Interest Coverage too high?
Voice Assist's current Interest Coverage is 0 (At Loss).
How does Voice Assist's Interest Coverage compare to FULO and DIRV?
Voice Assist's Interest Coverage of 0 (At Loss) can be compared against companies in the Software industry. The industry median Interest Coverage is 24.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Voice Assist and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voice Assist's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voice Assist stock overvalued right now?
Voice Assist (VSST) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Voice Assist (VSST), the current Interest Coverage is 0 (At Loss) as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voice Assist Business Description

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916
Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.