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Facephi Biometria (XPAR:ALPHI) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Facephi Biometria 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. Facephi Biometria's Operating Income for the six months ended in Jun. 2024 was €-5.76 Mil. Facephi Biometria's Interest Expense for the six months ended in Jun. 2024 was €-0.83 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 Facephi Biometria's Interest Coverage or its related term are showing as below:


XPAR:ALPHI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.01
* 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.


Facephi Biometria Interest Coverage Historical Data

The historical data trend for Facephi Biometria'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.

Facephi Biometria Interest Coverage Chart

Facephi Biometria Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.67 0.93 - 8.61 -

Facephi Biometria Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 17.82 - - -

Competitive Comparison of Facephi Biometria's Interest Coverage

For the Software - Application subindustry, Facephi Biometria'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.


Facephi Biometria's Interest Coverage Distribution in the Software Industry

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

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


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Facephi Biometria 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.

Facephi Biometria's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Facephi Biometria's Interest Expense was €-1.71 Mil. Its Operating Income was €-4.07 Mil. And its Long-Term Debt & Capital Lease Obligation was €3.02 Mil.

Facephi Biometria did not have earnings to cover the interest expense.

Facephi Biometria's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Facephi Biometria's Interest Expense was €-0.83 Mil. Its Operating Income was €-5.76 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.96 Mil.

Facephi Biometria 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.


Facephi Biometria  (XPAR:ALPHI) 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 .


Facephi Biometria Interest Coverage Related Terms

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Facephi Biometria Business Description

Traded in Other Exchanges
Address
Avenida Perfecto, Palacio de la Fuente 6, Alicante, ESP, 03003
Facephi Biometria SA is engaged in developing and marketing face recognition software and mobile biometrics technology. The company's software is used in online banking, mobile banking, social networks, ATM's, single sign-on and automotive sector. Its product offerings include SDK, Selphi, Me and PhiVox. The Company's main activity consists of marketing and implementation of biometric facial recognition software. The company derives majority of the revenue d from the sale of the rights to use (licensing, maintenance and support) of the recognition technology software by facial biometrics.

Facephi Biometria Headlines

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