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Crown Equity Holdings (Crown Equity Holdings) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Crown Equity Holdings 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. Crown Equity Holdings's Operating Income for the three months ended in Dec. 2023 was $-0.71 Mil. Crown Equity Holdings's Interest Expense for the three months ended in Dec. 2023 was $-0.01 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 Crown Equity Holdings's Interest Coverage or its related term are showing as below:


CRWE's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.4
* 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.


Crown Equity Holdings Interest Coverage Historical Data

The historical data trend for Crown Equity Holdings'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.

Crown Equity Holdings Interest Coverage Chart

Crown Equity Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Crown Equity Holdings 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 - - No Debt - -

Competitive Comparison of Crown Equity Holdings's Interest Coverage

For the Consulting Services subindustry, Crown Equity Holdings'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.


Crown Equity Holdings's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Crown Equity Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Crown Equity Holdings's Interest Coverage falls into.



Crown Equity Holdings 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.

Crown Equity Holdings'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, Crown Equity Holdings's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Crown Equity Holdings did not have earnings to cover the interest expense.

Crown Equity Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Crown Equity Holdings's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Crown Equity Holdings 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.


Crown Equity Holdings  (OTCPK:CRWE) 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 .


Crown Equity Holdings Interest Coverage Related Terms

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


Crown Equity Holdings (Crown Equity Holdings) Business Description

Traded in Other Exchanges
N/A
Address
11226 Pentland Downs Street, Las Vegas, NV, USA, 89141
Crown Equity Holdings Inc offers services to companies seeking to become public entities in the United States. It provides and offers advertising branding, marketing solutions, and services to boost customer awareness, as well as merchant visibility. It serves companies and individuals with corporate structure and operations globally. The company also provides public relations advertising and news dissemination for public and privately held companies. Geographically, activities function throughout the region of the United States.
Executives
Mike Zaman Irrevocable Trust 10 percent owner 11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Rudy Chacon director, officer: Chief Financial Officer PO BOX 2541, SAN DIEGO CA 90731
Mike Zaman director, officer: CEO/President 11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Brett Matus director 4984 RIDING RIDGE, SAN DIEGO CA 92130
Crown Marketing Corp. 10 percent owner 11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Montse Zaman director, officer: Secretary, Treasurer 11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Mark Lawrence Vega director, officer: Chief Technology Officer 4488 CASA BLANCA ST, LAS VEGAS NV 89121
Steven Onoue director 5440 SAHARA SUITE 205, LAS VEGAS NV 89146
Bosket Kenneth Cornell Sr director, officer: CEO 1453 FLINTROCK ROAD, HENDERSON NV 89014
Arnulfo Saucedo-bardan director, officer: Chairman 11226 PENTLAND DOWNS STREET, LAS VEGAS NV 89141
Lowell Thomas Holden director, officer: CFO 631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408