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WRIT Media Group (WRIT Media Group) Interest Coverage : 0 (At Loss) (As of Dec. 2017)


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What is WRIT Media Group 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. WRIT Media Group's Operating Income for the three months ended in Dec. 2017 was $-0.04 Mil. WRIT Media Group's Interest Expense for the three months ended in Dec. 2017 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 WRIT Media Group's Interest Coverage or its related term are showing as below:


WRIT's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.18
* 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.


WRIT Media Group Interest Coverage Historical Data

The historical data trend for WRIT Media Group'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.

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WRIT Media Group Interest Coverage Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Interest Coverage
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WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of WRIT Media Group's Interest Coverage

For the Entertainment subindustry, WRIT Media Group'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.


WRIT Media Group's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WRIT Media Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where WRIT Media Group's Interest Coverage falls into.



WRIT Media Group 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.

WRIT Media Group's Interest Coverage for the fiscal year that ended in Mar. 2017 is calculated as

Here, for the fiscal year that ended in Mar. 2017, WRIT Media Group's Interest Expense was $-0.06 Mil. Its Operating Income was $-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

WRIT Media Group did not have earnings to cover the interest expense.

WRIT Media Group's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the three months ended in Dec. 2017, WRIT Media Group's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

WRIT Media Group 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.


WRIT Media Group  (OTCPK:WRIT) 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 .


WRIT Media Group Interest Coverage Related Terms

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


WRIT Media Group (WRIT Media Group) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

WRIT Media Group (WRIT Media Group) Headlines

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