Oyster Point Pharma (Oyster Point Pharma) Interest Coverage : 0 (At Loss) (As of Sep. 2022)

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What is Oyster Point Pharma 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. Oyster Point Pharma's Operating Income for the three months ended in Sep. 2022 was $-33.91 Mil. Oyster Point Pharma's Interest Expense for the three months ended in Sep. 2022 was $-3.50 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 Oyster Point Pharma's Interest Coverage or its related term are showing as below:

OYST's Interest Coverage is not ranked ^*
in the Biotechnology industry.
Industry Median: 127.155
* 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.

Oyster Point Pharma Interest Coverage Historical Data

The historical data trend for Oyster Point Pharma'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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Oyster Point Pharma Interest Coverage Chart

Oyster Point Pharma Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Coverage

N/A

Oyster Point Pharma Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Coverage	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of Oyster Point Pharma's Interest Coverage

For the Biotechnology subindustry, Oyster Point Pharma'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.

Oyster Point Pharma's Interest Coverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Oyster Point Pharma's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Oyster Point Pharma's Interest Coverage falls into.

Oyster Point Pharma 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.

Oyster Point Pharma's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Oyster Point Pharma's Interest Expense was $-3.73 Mil. Its Operating Income was $-96.66 Mil. And its Long-Term Debt & Capital Lease Obligation was $91.93 Mil.

Oyster Point Pharma did not have earnings to cover the interest expense.

Oyster Point Pharma's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Oyster Point Pharma's Interest Expense was $-3.50 Mil. Its Operating Income was $-33.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $94.03 Mil.

Oyster Point Pharma did not have earnings to cover the interest expense.

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

Oyster Point Pharma (NAS:OYST) 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 .

Oyster Point Pharma Interest Coverage Related Terms

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Oyster Point Pharma (Oyster Point Pharma) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Oyster Point Pharma Inc (NAS:OYST) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

202 Carnegie Center, Suite 109, Princeton, NJ, USA, 08540

Website

https://www.oysterpointrx.com

Oyster Point Pharma Inc is a biopharmaceutical company focused on the development of pharmaceutical therapies to treat ocular surface diseases. Its product candidate OC-01 is a nicotinic acetylcholine receptor (nAChR) agonist, is being developed as a nasal spray to treat the signs and symptoms of dry eye disease.

Executives

Ozawa Clare	director	ONE SANSOME STREET, SUITE 3630, SAN FRANCISCO CA 94104
Link William J Phd	director, 10 percent owner	ONE SANSOME STREET, SUITE 1650, SAN FRANCISCO CA 94104
Versant Venture Capital Vi, L.p.	10 percent owner	ONE SANSOME STREET, SUITE 1650, SAN FRANCISCO CA 94104
Donald J Santel	director	4362 24TH STREET, SAN FRANCISCO CA 94114
George Christopher Eliades	director	C/O OYSTER POINT PHARMA, INC., 202 CARNEGIE CENTER, SUITE 109, PRINCETON NJ 08540
Michael G Atieh	director	MERCK MEDCO MANAGED CARE INC, 100 SUMMIT AVE, MONTVALE NJ 07645
John Snisarenko	officer: Chief Commercial Officer	C/O ALIMERA SCIENCES, INC., 6120 WINDWARD PARKWAY, SUITE 290, ALPHARETTA GA 30005
Invopps Gp Iv, L.l.c.	director, 10 percent owner	126 EAST 56TH STREET, 20THFLOOR, NEW YORK NY 10022
Vida Ventures, Llc	10 percent owner	40 BROAD STREET, SUITE 201, BOSTON MA 02109
Kkr Healthcare Strategic Growth Fund L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Jeffrey Nau	director, officer: President and CEO	202 CARNEGIE CENTER, SUITE 106, PRINCETON NJ 08540
Daniel Lochner	officer: Chief Financial Officer	202 CARNEGIE CENTER, SUITE 106, PRINCETON NJ 08540
New Enterprise Associates 14, L.p.	10 percent owner	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Invopps Iv Us, L.p.	director, 10 percent owner	126 EAST 56TH STREET, 20TH FLOOR, NEW YORK NY 10022