GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vivid Games SA (WAR:VVD) » Definitions » Interest Coverage

Vivid Games (WAR:VVD) Interest Coverage : 3.16 (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is Vivid Games 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. Vivid Games's Operating Income for the three months ended in Mar. 2025 was zł0.12 Mil. Vivid Games's Interest Expense for the three months ended in Mar. 2025 was zł-0.04 Mil. Vivid Games's interest coverage for the quarter that ended in Mar. 2025 was 3.16. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vivid Games's Interest Coverage or its related term are showing as below:


WAR:VVD's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 28.71
* 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.


Vivid Games Interest Coverage Historical Data

The historical data trend for Vivid Games'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.

Vivid Games Interest Coverage Chart

Vivid Games Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.69 5.05 2.70 6.26

Vivid Games Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 40.29 - 0.75 - 3.16

Competitive Comparison of Vivid Games's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Vivid Games'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.


Vivid Games's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Games's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vivid Games's Interest Coverage falls into.


;
;

Vivid Games 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.

Vivid Games's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Vivid Games's Interest Expense was zł-0.28 Mil. Its Operating Income was zł1.76 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1.759/-0.281
=6.26

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

Here, for the three months ended in Mar. 2025, Vivid Games's Interest Expense was zł-0.04 Mil. Its Operating Income was zł0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.72 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*0.117/-0.037
=3.16

* 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.


Vivid Games  (WAR:VVD) 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 .


Vivid Games Interest Coverage Related Terms

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


Vivid Games Business Description

Traded in Other Exchanges
N/A
Address
Gdansk 160, Bydgoszcz, POL, 85674
Vivid Games SA is a leading mobile games development studio in Poland. The company produces top-notch mobile entertainment. It also designs and develops games for Android, iOS, PSP Minis, Mobile, NDS, MAC, PC and DSi operating systems.

Vivid Games Headlines

No Headlines