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Knowmad Mood (XMAD:ATSI) Interest Coverage : 17.95 (As of Dec. 2024)


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What is Knowmad Mood 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. Knowmad Mood's Operating Income for the six months ended in Dec. 2024 was €5.7 Mil. Knowmad Mood's Interest Expense for the six months ended in Dec. 2024 was €-0.3 Mil. Knowmad Mood's interest coverage for the quarter that ended in Dec. 2024 was 17.95. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Knowmad Mood's Interest Coverage or its related term are showing as below:

XMAD:ATSI' s Interest Coverage Range Over the Past 10 Years
Min: 20.17   Med: 35.94   Max: 103.89
Current: 21.36


XMAD:ATSI's Interest Coverage is ranked worse than
53.23% of 1672 companies
in the Software industry
Industry Median: 26.095 vs XMAD:ATSI: 21.36

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


Knowmad Mood Interest Coverage Historical Data

The historical data trend for Knowmad Mood'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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Knowmad Mood Interest Coverage Chart

Knowmad Mood Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 46.23 86.57 103.89 20.17 21.36

Knowmad Mood Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only 42.56 35.97 10.44 25.45 17.95

Competitive Comparison of Knowmad Mood's Interest Coverage

For the Information Technology Services subindustry, Knowmad Mood'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.


Knowmad Mood's Interest Coverage Distribution in the Software Industry

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

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


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Knowmad Mood 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.

Knowmad Mood'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, Knowmad Mood's Interest Expense was €-0.6 Mil. Its Operating Income was €12.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €7.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*12.453/-0.583
=21.36

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

Here, for the six months ended in Dec. 2024, Knowmad Mood's Interest Expense was €-0.3 Mil. Its Operating Income was €5.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €7.9 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*5.709/-0.318
=17.95

* 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.


Knowmad Mood  (XMAD:ATSI) 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 .


Knowmad Mood Interest Coverage Related Terms

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


Knowmad Mood Business Description

Traded in Other Exchanges
Address
Calle Jacinto Benavente, 2, Building B, 2nd Floor, Tripark Business Park, Las Rozas, Madrid, ESP, 28232
Knowmad Mood is an IT service and software development company. It offers innovative solutions, accompanies more than 5oo clients in its digital transformation and works on international projects.

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