Allied Gaming & Entertainment (Allied Gaming & Entertainment) Interest Coverage : N/A (As of Dec. 2023)

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What is Allied Gaming & Entertainment 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. Allied Gaming & Entertainment's Operating Income for the three months ended in Dec. 2023 was $-1.91 Mil. Allied Gaming & Entertainment's Interest Expense for the three months ended in Dec. 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Allied Gaming & Entertainment Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Allied Gaming & Entertainment's Interest Coverage or its related term are showing as below:

AGAE's Interest Coverage is not ranked ^*
in the Media - Diversified industry.
Industry Median: 11.96
* 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.

Allied Gaming & Entertainment Interest Coverage Historical Data

The historical data trend for Allied Gaming & Entertainment'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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Allied Gaming & Entertainment Interest Coverage Chart

Allied Gaming & Entertainment Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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N/A

Allied Gaming & Entertainment 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															N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Allied Gaming & Entertainment's Interest Coverage

For the Entertainment subindustry, Allied Gaming & Entertainment'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.

Allied Gaming & Entertainment's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Allied Gaming & Entertainment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Allied Gaming & Entertainment's Interest Coverage falls into.

Allied Gaming & Entertainment 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.

Allied Gaming & Entertainment'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, Allied Gaming & Entertainment's Interest Expense was $0.00 Mil. Its Operating Income was $-6.60 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.56 Mil.

GuruFocus does not calculate Allied Gaming & Entertainment's interest coverage with the available data.

Allied Gaming & Entertainment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Allied Gaming & Entertainment's Interest Expense was $0.00 Mil. Its Operating Income was $-1.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.56 Mil.

GuruFocus does not calculate Allied Gaming & Entertainment's interest coverage with the available data.

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

Allied Gaming & Entertainment (NAS:AGAE) 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 .

Allied Gaming & Entertainment Interest Coverage Related Terms

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

Allied Gaming & Entertainment (Allied Gaming & Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Allied Gaming & Entertainment Inc (NAS:AGAE) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

2AA:Germany 2AA:Germany

Address

745 Fifth Avenue, Suite 500, New York, NY, USA, 10151

Website

https://www.alliedgaming.gg

Allied Gaming & Entertainment Inc is an experiential entertainment company focused on providing a growing world of gamers with various experiences through renowned assets, products, and services.

Executives

Knighted Pastures Llc	10 percent owner	1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Roy Choi	other: Managing Member of 10% holder	1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Yuanfei Qu	director	745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Yushi Guo	director	745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Guanzhou Qin	director	17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Adam J Pliska	director, officer: President	5700 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90036
Roy Lawrence Anderson	officer: Chief Financial Officer	17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Alexander Misch	director	17872 GILLETTE AVENUE, BUILDING C, 2ND FLOOR, IRVINE CA 92614
Jerry Lewin	director	JINHUA INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Libing Wu	director	350 LIGHTING WAY, SECAUCUS NJ 07094
Jingsheng Lu	director, 10 percent owner	FLOOR 3, BUILDING NO. 20, XINYUANLI WEST, CHAOYANG DISTRICT, BEIJING F4 #000
Yangyang Li	director, 10 percent owner	10/F TOWER B FAIRMONT NO. 1 BUILDING, 33# COMMUNITY, GUANGSHUN NORTH ST, CHAOYANG DISTRICT, BEIJING F4 100102
Anthony A Hung	officer: Chief Financial Officer	17877 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92614
Element Partners, Llc	10 percent owner	950 TOWER LANE,, SUITE 1125, FOSTER CITY CA 94404
Lyle Berman	director	10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305