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BRGO (Bergio International) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Bergio International 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. Bergio International's Operating Income for the three months ended in Sep. 2024 was $-0.14 Mil. Bergio International's Interest Expense for the three months ended in Sep. 2024 was $-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 Bergio International's Interest Coverage or its related term are showing as below:


BRGO's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.585
* 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.


Bergio International Interest Coverage Historical Data

The historical data trend for Bergio International'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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Bergio International Interest Coverage Chart

Bergio International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Bergio International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Bergio International's Interest Coverage

For the Luxury Goods subindustry, Bergio International'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.


Bergio International's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bergio International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bergio International's Interest Coverage falls into.


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Bergio International 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.

Bergio International'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, Bergio International's Interest Expense was $-0.38 Mil. Its Operating Income was $-1.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.18 Mil.

Bergio International did not have earnings to cover the interest expense.

Bergio International's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Bergio International's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.24 Mil.

Bergio International 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.


Bergio International  (OTCPK:BRGO) 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 .


Bergio International Interest Coverage Related Terms

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


Bergio International Business Description

Traded in Other Exchanges
N/A
Address
12 Daniel Road East, Fairfield, NJ, USA, 07007
Bergio International Inc is engaged in the business of product designing, manufacturing, and distribution of fine jewelry mainly in the United States. product range is divided into three fashion lines; 18k gold line, a bridal line, and couture, and one-of-a-kind pieces. The company is into establishing retail stores.
Executives
Berge Abajian director, 10 percent owner, officer: Chief Executive Officer 12 DANIEL ROAD E., FAIRFIELD NJ 07004