Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Interest Coverage : N/A (As of Jun. 2023)

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What is Blue Hat Interactive Entertainment Technology 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. Blue Hat Interactive Entertainment Technology's Operating Income for the three months ended in Jun. 2023 was $0.00 Mil. Blue Hat Interactive Entertainment Technology's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Blue Hat Interactive Entertainment Technology's Interest Coverage or its related term are showing as below:

BHAT's Interest Coverage is not ranked ^*
in the Interactive Media industry.
Industry Median: 35.52
* 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.

Blue Hat Interactive Entertainment Technology Interest Coverage Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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.

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Blue Hat Interactive Entertainment Technology Interest Coverage Chart

Blue Hat Interactive Entertainment Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

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58.16

55.13

23.19

Blue Hat Interactive Entertainment Technology Quarterly Data
	Sep17	Dec17	Jun18	Sep18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Interest Coverage	Get a 7-Day Free Trial													71.61	-	-	N/A	N/A

Competitive Comparison of Blue Hat Interactive Entertainment Technology's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Blue Hat Interactive Entertainment Technology'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.

Blue Hat Interactive Entertainment Technology's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Blue Hat Interactive Entertainment Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Blue Hat Interactive Entertainment Technology's Interest Coverage falls into.

Blue Hat Interactive Entertainment Technology 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.

Blue Hat Interactive Entertainment Technology'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, Blue Hat Interactive Entertainment Technology's Interest Expense was $-0.33 Mil. Its Operating Income was $-7.97 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.34 Mil.

Blue Hat Interactive Entertainment Technology did not have earnings to cover the interest expense.

Blue Hat Interactive Entertainment Technology's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Blue Hat Interactive Entertainment Technology's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.17 Mil.

GuruFocus does not calculate Blue Hat Interactive Entertainment Technology's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

Blue Hat Interactive Entertainment Technology (NAS:BHAT) 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 .

Blue Hat Interactive Entertainment Technology Interest Coverage Related Terms

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Blue Hat Interactive Entertainment Technology (Blue Hat Interactive Entertainment Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (NAS:BHAT) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

4Y80:Germany

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

https://www.ir.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.