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


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What is WB Burgers Asia 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. WB Burgers Asia's Operating Income for the three months ended in Jan. 2024 was $-0.24 Mil. WB Burgers Asia's Interest Expense for the three months ended in Jan. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for WB Burgers Asia's Interest Coverage or its related term are showing as below:


WBBAD's Interest Coverage is not ranked *
in the Restaurants industry.
Industry Median: 6.79
* 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.


WB Burgers Asia Interest Coverage Historical Data

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.

* Premium members only.

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 Premium Member Only Premium Member Only N/A No Debt - - No Debt

WB Burgers Asia Quarterly Data
Jun07 Sep07 Dec07 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 No Debt N/A

Competitive Comparison of WB Burgers Asia's Interest Coverage

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's Interest Coverage Distribution in the 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

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.

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 had no debt (1).

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

Here, for the three months ended in Jan. 2024, WB Burgers Asia's Interest Expense was $0.00 Mil. Its Operating Income was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.26 Mil.

GuruFocus does not calculate WB Burgers Asia's interest coverage with the available data.

* 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  (OTCPK:WBBAD) 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

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


WB Burgers Asia (WB Burgers Asia) Business Description

Traded in Other Exchanges
N/A
Address
780 Reservoir Avenue, Suite 123, Cranston, RI, USA, 02910
WB Burgers Asia Inc establishes and operates Wayback Burgers restaurants in Japan.
Executives
Kiyoshi Noda 10 percent owner ROOM 301 1-35-19 NERIMA-KU, NERIMA, TOKYO M0 176-0001
Koichi Ishizuka director, 10 percent owner, officer: CEO, CFO, President 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd. 10 percent owner 3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Yuma Muranushi 10 percent owner ROOM 202 3-5-1 HIGASHI AZABU, MINATO-KU, TOKYO M0 106-0044
Flint Consulting Services, Llc 10 percent owner 780 RESERVOIR AVE #123, CRANSTON RI 029910

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