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Trucknet Enterprise (XTAE:TRAN) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Trucknet Enterprise 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. Trucknet Enterprise's Operating Income for the six months ended in . 20 was ₪0.00 Mil. Trucknet Enterprise's Interest Expense for the six months ended in . 20 was ₪0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


XTAE:TRAN's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.11
* 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.


Trucknet Enterprise Interest Coverage Historical Data

The historical data trend for Trucknet Enterprise'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.

Trucknet Enterprise Interest Coverage Chart

Trucknet Enterprise Annual Data
Trend
Interest Coverage

Trucknet Enterprise Semi-Annual Data
Interest Coverage

Competitive Comparison of Trucknet Enterprise's Interest Coverage

For the Software - Application subindustry, Trucknet Enterprise'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.


Trucknet Enterprise's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Trucknet Enterprise's Interest Coverage falls into.



Trucknet Enterprise 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.

Trucknet Enterprise's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Trucknet Enterprise's Interest Expense was ₪0.00 Mil. Its Operating Income was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Trucknet Enterprise had no debt (1).

Trucknet Enterprise's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Trucknet Enterprise's Interest Expense was ₪0.00 Mil. Its Operating Income was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Trucknet Enterprise had no debt (1).

* 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.


Trucknet Enterprise  (XTAE:TRAN) 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 .


Trucknet Enterprise Interest Coverage Related Terms

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


Trucknet Enterprise Business Description

Traded in Other Exchanges
N/A
Address
Park Amtal, 2, Eilat, ISR, 88000
Trucknet Enterprise Ltd provides fleet management companies with cloud-based transport optimization platform that delivers smart freight exchange to improve efficiency and profitability while reducing environmental impact. The system consists of the following components: the Trucknet platform that automatically matches empty vehicles to subcontractor requests from other companies, TMS is an internal schedule software for transportation companies, Driver Interface which is a mobile application for the driver, Tracker that is a mobile application for end-to-end delivery, currently in development, Trucknet Telematics which is a central interface for different telematics systems, in development.

Trucknet Enterprise Headlines

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