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Loral Spacemmunications (Loral Spacemmunications) Interest Coverage : 0 (At Loss) (As of Sep. 2021)


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What is Loral Spacemmunications 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. Loral Spacemmunications's Operating Income for the three months ended in Sep. 2021 was $-8.75 Mil. Loral Spacemmunications's Interest Expense for the three months ended in Sep. 2021 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 Loral Spacemmunications's Interest Coverage or its related term are showing as below:


LORL's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.63
* 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.


Loral Spacemmunications Interest Coverage Historical Data

The historical data trend for Loral Spacemmunications'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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Loral Spacemmunications Interest Coverage Chart

Loral Spacemmunications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
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Loral Spacemmunications Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 458.78 - - - -

Competitive Comparison of Loral Spacemmunications's Interest Coverage

For the Telecom Services subindustry, Loral Spacemmunications'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.


Loral Spacemmunications's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Loral Spacemmunications's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Loral Spacemmunications's Interest Coverage falls into.



Loral Spacemmunications 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.

Loral Spacemmunications'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, Loral Spacemmunications's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Loral Spacemmunications did not have earnings to cover the interest expense.

Loral Spacemmunications's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Loral Spacemmunications's Interest Expense was $-0.01 Mil. Its Operating Income was $-8.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Loral Spacemmunications 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.


Loral Spacemmunications  (NAS:LORL) 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 .


Loral Spacemmunications Interest Coverage Related Terms

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


Loral Spacemmunications (Loral Spacemmunications) Business Description

Traded in Other Exchanges
N/A
Address
600 Fifth Avenue, New York, NY, USA, 10020
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.
Executives
Janet T Yeung director MHR FUND MANAGEMENT LLC 1345 AVENUE OF THE AMERICAS, 42ND FLOOR NEW YORK NY 10105
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Ravinder Singh Girgla officer: Vice President and Controller 565 FIFTH AVENUE NEW YORK NY 10017
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019
Mhrc Ii Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
Mhrc I Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
John Capogrossi officer: VP and Controller 600 THIRD AVENUE NEW YORK NY 10016
Arthur L Simon director 971 HAVERSTRAW RD SUFFERN NY 10901
Harvey B Rein officer: Vice President & Controller 600 THIRD AVENUE NEW YORK NY 10016
Richard Mastoloni officer: Vice President & Treasurer 600 THIRD AVENUE NEW YORK NY 10016
Dean Olmstead director 90 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019