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Hello Pal International (XCNQ:HP) Interest Coverage : 0 (At Loss) (As of Feb. 2023)


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What is Hello Pal International 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. Hello Pal International's Operating Income for the three months ended in Feb. 2023 was C$-0.74 Mil. Hello Pal International's Interest Expense for the three months ended in Feb. 2023 was C$-0.01 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 Hello Pal International's Interest Coverage or its related term are showing as below:


XCNQ:HP's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.905
* 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.


Hello Pal International Interest Coverage Historical Data

The historical data trend for Hello Pal International'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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Hello Pal International Interest Coverage Chart

Hello Pal International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Interest Coverage
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Hello Pal International Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23
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Competitive Comparison of Hello Pal International's Interest Coverage

For the Software - Application subindustry, Hello Pal International'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.


Hello Pal International's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Hello Pal International's Interest Coverage falls into.



Hello Pal International 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.

Hello Pal International's Interest Coverage for the fiscal year that ended in Feb. 2023 is calculated as

Here, for the fiscal year that ended in Feb. 2023, Hello Pal International's Interest Expense was C$-0.03 Mil. Its Operating Income was C$-2.15 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Hello Pal International did not have earnings to cover the interest expense.

Hello Pal International's Interest Coverage for the quarter that ended in Feb. 2023 is calculated as

Here, for the three months ended in Feb. 2023, Hello Pal International's Interest Expense was C$-0.01 Mil. Its Operating Income was C$-0.74 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

Hello Pal International 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.


Hello Pal International  (XCNQ:HP) 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 .


Hello Pal International Interest Coverage Related Terms

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


Hello Pal International (XCNQ:HP) Business Description

Traded in Other Exchanges
Address
200 - 550 Denman Street, Vancouver, BC, CAN, V6G 3H1
Hello Pal International Inc is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. It has been designed from the ground up to be easy to use and enables users the freedom to speak in their own language regardless of the other person's language they are speaking. The firm operates in two different reportable segments international live-streaming segment, which provides online live-streaming services. and Cryptocurrency mining segment, which provides cryptocurrency computing services to blockchain platforms, and the majority of its revenue comes from live streaming segments.