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YRLLF (Global UAV Technologies) Interest Coverage : No Debt (1) (As of Apr. 2025)


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What is Global UAV Technologies 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. Global UAV Technologies's Operating Income for the three months ended in Apr. 2025 was $-0.02 Mil. Global UAV Technologies's Interest Expense for the three months ended in Apr. 2025 was $0.00 Mil. Global UAV Technologies has no debt. 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 Global UAV Technologies's Interest Coverage or its related term are showing as below:


YRLLF's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.105
* 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.


Global UAV Technologies Interest Coverage Historical Data

The historical data trend for Global UAV Technologies'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.

Global UAV Technologies Interest Coverage Chart

Global UAV Technologies Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - N/A N/A N/A -

Global UAV Technologies Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 - - - - No Debt

Competitive Comparison of Global UAV Technologies's Interest Coverage

For the Computer Hardware subindustry, Global UAV Technologies'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.


Global UAV Technologies's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Global UAV Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Global UAV Technologies's Interest Coverage falls into.


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Global UAV Technologies 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.

Global UAV Technologies's Interest Coverage for the fiscal year that ended in Oct. 2024 is calculated as

Here, for the fiscal year that ended in Oct. 2024, Global UAV Technologies's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global UAV Technologies did not have earnings to cover the interest expense.

Global UAV Technologies's Interest Coverage for the quarter that ended in Apr. 2025 is calculated as

Here, for the three months ended in Apr. 2025, Global UAV Technologies's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Global UAV Technologies 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.


Global UAV Technologies  (OTCPK:YRLLF) 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 .


Global UAV Technologies Interest Coverage Related Terms

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Global UAV Technologies Business Description

Traded in Other Exchanges
Address
488 - 1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7
Global UAV Technologies Ltd is a diversified, vertically integrated drone technology company within the commercial Unmanned Aerial Vehicle (UAV) sector. Through its subsidiaries, it provides a full spectrum of UAV-based services and products including drone research and development, manufacturing, flight services, and regulatory compliance. The company has one reportable operating segment, which is UAV services in Canada.

Global UAV Technologies Headlines

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