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Streamify AB (XSAT:STREAM) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Streamify AB 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. Streamify AB's Operating Income for the three months ended in Mar. 2024 was kr-1.86 Mil. Streamify AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.03 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 Streamify AB's Interest Coverage or its related term are showing as below:


XSAT:STREAM's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.55
* 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.


Streamify AB Interest Coverage Historical Data

The historical data trend for Streamify AB'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.

Streamify AB Interest Coverage Chart

Streamify AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Coverage
No Debt - - -

Streamify AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - No Debt No Debt No Debt -

Competitive Comparison of Streamify AB's Interest Coverage

For the Broadcasting subindustry, Streamify AB'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.


Streamify AB's Interest Coverage Distribution in the Media - Diversified Industry

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

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



Streamify AB 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.

Streamify AB's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Streamify AB's Interest Expense was kr-0.01 Mil. Its Operating Income was kr-12.22 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Streamify AB did not have earnings to cover the interest expense.

Streamify AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Streamify AB's Interest Expense was kr-0.03 Mil. Its Operating Income was kr-1.86 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Streamify AB 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.


Streamify AB  (XSAT:STREAM) 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 .


Streamify AB Interest Coverage Related Terms

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


Streamify AB (XSAT:STREAM) Business Description

Traded in Other Exchanges
N/A
Address
Hamngatan 19, Ostersund, SWE, 831 34
Streamify AB is an easy-to-use digital platform that combines live streaming and E-commerce in one. The service is aimed at both the individual user and major established players in various industry segments. The platform offers livestream of music concert, major events such as a football cup and others. The platform runs primarily on servers hosted by the Google Cloud Platform where service discovery and scheduling of services on the servers are handled automatically in the cloud.

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