IndygoTech Minerals (WAR:IDG) Interest Coverage: 0 (At Loss) (As of Jun. 2021)


WAR:IDG IndygoTech Minerals SA WAR:IDG
4 GF Score
Price zł0.25
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What is IndygoTech Minerals Interest Coverage?

IndygoTech Minerals WAR:IDG 4 Interest Coverage is 0 (At Loss) as of Jun. 2021. GuruFocus rates WAR:IDG with a GF Score™ of 4/100.

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. IndygoTech Minerals's Operating Income for the three months ended in Jun. 2021 was zł0.00 Mil. IndygoTech Minerals's Interest Expense for the three months ended in Jun. 2021 was zł0.01 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 IndygoTech Minerals's Interest Coverage or its related term are showing as below:


WAR:IDG's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 45.22
* 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.


IndygoTech Minerals  (WAR:IDG) 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 .


IndygoTech Minerals Interest Coverage Related Terms


IndygoTech Minerals Interest Coverage Historical Data

* Premium members only.

The historical data trend for IndygoTech Minerals'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.

IndygoTech Minerals Interest Coverage Chart

IndygoTech Minerals Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.00 0.00 4.45

IndygoTech Minerals Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.00 0.00 16.17 0.00 0.00

IndygoTech Minerals Interest Coverage Competitor Comparison

For the Asset Management subindustry, IndygoTech Minerals'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.


IndygoTech Minerals Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IndygoTech Minerals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where IndygoTech Minerals's Interest Coverage falls into.


WAR:IDG
4GF Score
IndygoTech Minerals SA WAR:IDG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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IndygoTech Minerals 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.

IndygoTech Minerals'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, IndygoTech Minerals's Interest Expense was zł-0.02 Mil. Its Operating Income was zł0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*0.089/-0.02
=4.45

IndygoTech Minerals's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, IndygoTech Minerals's Interest Expense was zł0.01 Mil. Its Operating Income was zł0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

* 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?
IndygoTech Minerals (WAR:IDG) has a Interest Coverage of 0 (At Loss) as of Jun. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IndygoTech Minerals and its competitors.
Is IndygoTech Minerals' Interest Coverage too high?
IndygoTech Minerals' current Interest Coverage is 0 (At Loss). Overall, IndygoTech Minerals has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does IndygoTech Minerals' Interest Coverage compare to competitors?
IndygoTech Minerals' Interest Coverage of 0 (At Loss) can be compared against companies in the Asset Management industry. The industry median Interest Coverage is 45.22. 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 45.22, based on 483 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 IndygoTech Minerals and its competitors. For the Asset Management industry, the median Interest Coverage is 45.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndygoTech Minerals'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 IndygoTech Minerals stock overvalued right now?
IndygoTech Minerals (WAR:IDG) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). IndygoTech Minerals' overall GF Score™ is 4/100. 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 IndygoTech Minerals (WAR:IDG), the current Interest Coverage is 0 (At Loss) as of Jun. 2021. 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.

IndygoTech Minerals Business Description

Address ulica Piekna 11 lok. 17, Warszawa, POL, 00-547
IndygoTech Minerals SA is a venture capital firm specializing in making investments in high-tech and high growth companies operating across all sectors but prioritizes technology and e-commerce. The company also invests in the alternative stock market.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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