WBBA (WB Burgers Asia) Interest Coverage: N/A (As of Apr. 2024)

WB Burgers Asia  (OTCPK:WBBA) 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 .

WB Burgers Asia Interest Coverage Related Terms

The historical data trend for WB Burgers Asia'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.

WB Burgers Asia Interest Coverage Chart

WB Burgers Asia Annual Data
	Trend	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jul20	Jul21	Jul22	Jul23
Interest Coverage		Get a 7-Day Free Trial					N/A	No Debt	0.00	0.00	No Debt

WB Burgers Asia Quarterly Data
	Sep07	Dec07	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	N/A	N/A

WBBA vs MCD, SBUX, CMG: Interest Coverage Comparison

For the Restaurants subindustry, WB Burgers Asia'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.

WB Burgers Asia Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, WB Burgers Asia's Interest Coverage distribution charts can be found below:

* The bar in red indicates where WB Burgers Asia's Interest Coverage falls into.

WB Burgers Asia 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

WB Burgers Asia's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, WB Burgers Asia's Interest Expense was $0.00 Mil. Its Operating Income was $-4.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

WB Burgers Asia's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Here, for the three months ended in Apr. 2024, WB Burgers Asia's Interest Expense was $0.00 Mil. Its Operating Income was $-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.17 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.

WB Burgers Asia Business Description