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Elys Bmg Group (Elys Bmg Group) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Elys Bmg Group 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. Elys Bmg Group's Operating Income for the three months ended in Sep. 2023 was $-2.93 Mil. Elys Bmg Group's Interest Expense for the three months ended in Sep. 2023 was $-0.31 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 Elys Bmg Group's Interest Coverage or its related term are showing as below:


ELYS's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.135
* 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.


Elys Bmg Group Interest Coverage Historical Data

The historical data trend for Elys Bmg Group'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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Elys Bmg Group Interest Coverage Chart

Elys Bmg Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
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Elys Bmg Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Elys Bmg Group's Interest Coverage

For the Gambling subindustry, Elys Bmg Group'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.


Elys Bmg Group's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Elys Bmg Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Elys Bmg Group's Interest Coverage falls into.



Elys Bmg Group 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.

Elys Bmg Group'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, Elys Bmg Group's Interest Expense was $-0.04 Mil. Its Operating Income was $-11.84 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.31 Mil.

Elys Bmg Group did not have earnings to cover the interest expense.

Elys Bmg Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Elys Bmg Group's Interest Expense was $-0.31 Mil. Its Operating Income was $-2.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.36 Mil.

Elys Bmg Group 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.


Elys Bmg Group  (OTCPK:ELYS) 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 .


Elys Bmg Group Interest Coverage Related Terms

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


Elys Bmg Group (Elys Bmg Group) Business Description

Traded in Other Exchanges
N/A
Address
130 Adelaide Street, West, Suite 701, Toronto, ON, CAN, M5H 2K4
Elys Game Technology Corp is a fastest growing and technologically advanced Sports Betting and virtual sports betting products provider in the regulated business to business and business to consumer markets. It focuses on driving results for casino and leisure gaming operators with retail and digital solutions for Europe, North America and around the globe. The group operates into two segments namely Betting establishments and Betting platform software and services. Majority of revenue is generated from Betting establishments segment.
Executives
Michael Ciavarella director, 10 percent owner, officer: Chief Executive Officer C/O NEWGIOCO GROUP, INC., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Gold Street Capital Corp. 10 percent owner 10550 W. STATE RD. 84, UNIT 12, DAVIE FL 33324
Carlo Reali officer: Interim CFO 130 ADELAIDE STREET W, SUITE 701, TORONTO A6 M5H2K4
Victor J Salerno director C/O AMERICAN WAGERING INC, 675 GRIER DR, LAS VEGAS NV 89119
Luca Pasquini director, officer: Chief Technology Officer C/O ELYS GAME TECHNOLOGY, CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Andrea Mandel-mantello director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Philippe Blanc director 130 ADELAIDE STREET, SUITE 701, TORONTO A6 M5H2K4
Matteo Monteverdi officer: President 130 ADELAIDE STREET, SUITE 701, TORONTO A6 M5H2K4
Cooper Richard Quentin Mortimer director 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Mark John Korb officer: Chief Financial Officer 1900 GLADES ROAD, SUITE 435, BOCA RATON FL 33431
Clive Kabatznik director
Steven A Shallcross director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Paul Sallwasser director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Elizabeth Jean Maclean officer: Chief Financial Officer 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H 2K4
Franco Salvagni officer: VP Land Based Operations C/O NEWGIOCO GROUP, INC., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4