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Digital Ally (Digital Ally) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Digital Ally 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. Digital Ally's Operating Income for the three months ended in Dec. 2023 was $-5.98 Mil. Digital Ally's Interest Expense for the three months ended in Dec. 2023 was $-0.65 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 Digital Ally's Interest Coverage or its related term are showing as below:


DGLY's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 35.915
* 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.


Digital Ally Interest Coverage Historical Data

The historical data trend for Digital Ally'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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Digital Ally Interest Coverage Chart

Digital Ally Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Digital Ally Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Digital Ally's Interest Coverage

For the Internet Content & Information subindustry, Digital Ally'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.


Digital Ally's Interest Coverage Distribution in the Interactive Media Industry

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

* The bar in red indicates where Digital Ally's Interest Coverage falls into.



Digital Ally 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.

Digital Ally'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, Digital Ally's Interest Expense was $-3.13 Mil. Its Operating Income was $-22.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.68 Mil.

Digital Ally did not have earnings to cover the interest expense.

Digital Ally's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Digital Ally's Interest Expense was $-0.65 Mil. Its Operating Income was $-5.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.68 Mil.

Digital Ally 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.


Digital Ally  (NAS:DGLY) 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 .


Digital Ally Interest Coverage Related Terms

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


Digital Ally (Digital Ally) Business Description

Traded in Other Exchanges
N/A
Address
14001 Marshall Drive, Lenexa, KS, USA, 66215
Digital Ally Inc produces digital video imaging and storage products for use in law enforcement, security, and commercial applications. Its products are an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets. It can integrate electronic, radio, computer and multi-media technologies to create solutions to address needs in a variety of other industries and markets, including mass transit, school bus, taxicab and military. The company sells its products to law enforcement agencies and other security organizations and consumer and commercial fleet operators through direct sales domestically and third-party distributors internationally. It has three segments: Video Solutions Segment, Revenue Cycle Management and Ticketing Segment.
Executives
Daniel Duke Daughtery director C/O DIGITAL ALLY, INC., 14001 MARSHALL DRIVE, LENEXA KS 66215
Hoffmann Christian J. Iii director ONE RENAISSANCE SQUARE, TWO NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Peng Han officer: Chief Operating Officer 9301 W 144TH TERRACE, OVERLAND PARK KS 66221
Stanton E Ross director, officer: Chairman, President, and CEO 15612 COLLEGE BLVD., LENEXA KS 66219
Daniel F Hutchins director 11900 COLLEGE BOULEVARD, SUITE 310, OVERLAND PARK KS 66210
Thomas J Heckman officer: CFO, Treasurer & Secretary 15612 COLLEGE BLVD., LENEXA KS 66219
Michael Caufield officer: VP of Strategic Development 15612 COLLEGE BLVD., LENEXA KS 66219
Leroy C Richie director 15612 COLLEGE BLVD., LENEXA KS 66219
Elliot M Kaplan director 9705 LOIRET BLVD., LENEXA KS 66219
Stephen Gans director, 10 percent owner 14850 NW 44TH COURT, OPA LOCKA FL 33054
Steven Phillips officer: Vice President of Engineering 9705 LOIRET BLVD., LENEXA KS 66219
Bernard A Bianchino director 9601 W. 156TH STREET, OVERLAND PARK KS 66221
Edward Smith officer: Vice President of Operations 7311 W 130TH STREET, SUITE 170, OVERLAND PARK KS 66213
Kenneth L Mccoy officer: Vice President of Marketing 7311 W. 130TH, SUITE 170, OVERLAND PARK KS 66213
Robert D Haler officer: Exec Vice Pres, of Product Dev 7311 WEST 130TH, SUITE 170, OVERLAND PARK KS 66213