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Blonder Tongue Laboratories (Blonder Tongue Laboratories) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Blonder Tongue Laboratories 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. Blonder Tongue Laboratories's Operating Income for the three months ended in Dec. 2023 was $-0.34 Mil. Blonder Tongue Laboratories's Interest Expense for the three months ended in Dec. 2023 was $-0.22 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 Blonder Tongue Laboratories's Interest Coverage or its related term are showing as below:


BDRL's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.555
* 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.


Blonder Tongue Laboratories Interest Coverage Historical Data

The historical data trend for Blonder Tongue Laboratories'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.

Blonder Tongue Laboratories Interest Coverage Chart

Blonder Tongue Laboratories 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 - - - - -

Blonder Tongue Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.38 - - - -

Competitive Comparison of Blonder Tongue Laboratories's Interest Coverage

For the Communication Equipment subindustry, Blonder Tongue Laboratories'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.


Blonder Tongue Laboratories's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Blonder Tongue Laboratories's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Blonder Tongue Laboratories's Interest Coverage falls into.



Blonder Tongue Laboratories 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.

Blonder Tongue Laboratories'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, Blonder Tongue Laboratories's Interest Expense was $-0.87 Mil. Its Operating Income was $-1.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.46 Mil.

Blonder Tongue Laboratories did not have earnings to cover the interest expense.

Blonder Tongue Laboratories's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Blonder Tongue Laboratories's Interest Expense was $-0.22 Mil. Its Operating Income was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.46 Mil.

Blonder Tongue Laboratories 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.


Blonder Tongue Laboratories  (OTCPK:BDRL) 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 .


Blonder Tongue Laboratories Interest Coverage Related Terms

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


Blonder Tongue Laboratories (Blonder Tongue Laboratories) Business Description

Traded in Other Exchanges
N/A
Address
One Jake Brown Road, Old Bridge, NJ, USA, 08857
Blonder Tongue Laboratories Inc is a technology development and manufacturing company that provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. The company serves the multi-dwelling unit market, the lodging/hospitality market, and the institutional market, including hospitals, prisons, and schools, throughout the United States and Canada. The Company's revenues are derived from customers in the continental United States; it also derives some revenues from customers in other geographical markets like Canada and to a more limited extent, in developing countries.
Executives
Williams James H /nj/ director C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN RD, OLD BRIDGE NJ 08857
Palle Robert J Jr director, 10 percent owner, officer: President and COO C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Eric S Skolnik officer: Senior Vice President - CFO C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
John E Burke director 1540 BARDSEY LANE, LOWER GWYNEDD PA 19002
Anthony J Bruno director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Cavalry Fund I Lp 10 percent owner 82 EAST ALLENDALE ROAD, SUITE 5B, SADDLE RIVER NJ 07458
Michael Hawkey director 2160 GOLD STREET, SAN JOSE CA 95002
Rick E Briggs director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Edward Rowland Grauch officer: CEO & President 3208 HIGHWAY 98, MEXICO BEACH FL 32456
Jeffrey W Smith officer: Vice President - Sales C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Ronald Vincent Alterio officer: VP-Engineering, CTO C/O BLONDER TONGUE LABORATORIES, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Gary P Scharmett director
Steven L Shea director C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Stephen K Necessary director
Bruce A Gureck officer: Exec VP/COO 4671 BOCAIRE BLVD, BOCA RATON FL 33487