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Glu Mobile (LTS:0QZL) Interest Coverage : N/A (As of Dec. 2020)


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What is Glu Mobile 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. Glu Mobile's Operating Income for the three months ended in Dec. 2020 was $24.8 Mil. Glu Mobile's Interest Expense for the three months ended in Dec. 2020 was $0.0 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 Glu Mobile's Interest Coverage or its related term are showing as below:


LTS:0QZL's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 36.06
* 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.


Glu Mobile Interest Coverage Historical Data

The historical data trend for Glu Mobile'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.

Glu Mobile Interest Coverage Chart

Glu Mobile Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - No Debt - N/A N/A

Glu Mobile Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 N/A N/A N/A N/A N/A

Competitive Comparison of Glu Mobile's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Glu Mobile'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.


Glu Mobile's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Glu Mobile's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Glu Mobile's Interest Coverage falls into.



Glu Mobile 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.

Glu Mobile's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Glu Mobile's Interest Expense was $0.0 Mil. Its Operating Income was $20.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $34.6 Mil.

GuruFocus does not calculate Glu Mobile's interest coverage with the available data.

Glu Mobile's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the three months ended in Dec. 2020, Glu Mobile's Interest Expense was $0.0 Mil. Its Operating Income was $24.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $34.6 Mil.

GuruFocus does not calculate Glu Mobile's interest coverage with the available data.

* 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.


Glu Mobile  (LTS:0QZL) 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 .


Glu Mobile Interest Coverage Related Terms

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Glu Mobile (LTS:0QZL) Business Description

Traded in Other Exchanges
N/A
Address
875 Howard Street, Suite 100, San Francisco, CA, USA, 94103
Glu Mobile Inc is a U.S.-based company that develops and markets games appealing to a broad group of users of smartphones and tablet devices. These games are accessible through direct-to-consumer digital store fronts like the Apple App Store, Google Play Store, and Amazon Appstore. The firm generates revenue through in-app purchases and in-game advertising.

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