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WDDD (Worlds) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Worlds 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. Worlds's Operating Income for the three months ended in Dec. 2024 was $-0.12 Mil. Worlds's Interest Expense for the three months ended in Dec. 2024 was $-0.02 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 Worlds's Interest Coverage or its related term are showing as below:


WDDD's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.095
* 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.


Worlds Interest Coverage Historical Data

The historical data trend for Worlds'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.

Worlds Interest Coverage Chart

Worlds Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Worlds Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Worlds's Interest Coverage

For the Software - Application subindustry, Worlds'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.


Worlds's Interest Coverage Distribution in the Software Industry

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

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


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Worlds 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.

Worlds's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Worlds's Interest Expense was $-0.08 Mil. Its Operating Income was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Worlds did not have earnings to cover the interest expense.

Worlds's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Worlds's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Worlds 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.


Worlds  (OTCPK:WDDD) 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 .


Worlds Interest Coverage Related Terms

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


Worlds Business Description

Traded in Other Exchanges
N/A
Address
11 Royal Road, Brookline, MA, USA, 02445
Worlds Inc is a company that designs and develops software, content, and related technology for the creation of interactive, three-dimensional (3D) portals and websites. The company creates its Internet sites, as well as sites available through third-party online service providers. It focuses on the development of virtual worlds which has several applications comprising a virtual meeting place, a 3D e-commerce store, a virtual classroom, meeting place and others. The core technologies developed by it include WorldsShaper, WorldsServer, WorldsBrowser, WorldsPlayer, and Worlds Gamma Libraries.
Executives
Edward J Gildea director C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Thomas Philip Duterme director 111 PACCHETTI WAY, MOUNTAIN VIEW CA 94040
Steven Chrust 10 percent owner C/O SGC ADVISORY SERVICES INC, 1786 BEDFORD STREET, STANFORD CT 06905
Thomas Kidrin director, 10 percent owner, officer: President & CEO 11 ROYAL ROAD, BROOKLINE MA 02445
Bernard Stolar director 4401 WILSHIRE BLVD., SUITE 200, LOS ANGELES CA 90010
Jay Coleman director 310 EAST 46TH ST. APT 9 F, NEW YORK NY 10017
Robert N Fireman director 145 ROSEMARY ST. SUITE H-2, NEEDHAM MA 02494

Worlds Headlines

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