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Wright Investors' Service Holdings (Wright Investors' Service Holdings) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Wright Investors' Service Holdings 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. Wright Investors' Service Holdings's Operating Income for the three months ended in Dec. 2023 was $-0.27 Mil. Wright Investors' Service Holdings's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Wright Investors' Service Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Wright Investors' Service Holdings Inc has no debt.

(1) 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.

The historical rank and industry rank for Wright Investors' Service Holdings's Interest Coverage or its related term are showing as below:

IWSH' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


IWSH's Interest Coverage is ranked better than
99.77% of 428 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs IWSH: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Wright Investors' Service Holdings Interest Coverage Historical Data

The historical data trend for Wright Investors' Service Holdings'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.

Wright Investors' Service Holdings Interest Coverage Chart

Wright Investors' Service Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Wright Investors' Service Holdings 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 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Wright Investors' Service Holdings's Interest Coverage

For the Shell Companies subindustry, Wright Investors' Service Holdings'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.


Wright Investors' Service Holdings's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Wright Investors' Service Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wright Investors' Service Holdings's Interest Coverage falls into.



Wright Investors' Service Holdings 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.

Wright Investors' Service Holdings'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, Wright Investors' Service Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-1.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Wright Investors' Service Holdings had no debt (1).

Wright Investors' Service Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Wright Investors' Service Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Wright Investors' Service Holdings had no debt (1).

* 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.


Wright Investors' Service Holdings  (OTCPK:IWSH) 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 .


Wright Investors' Service Holdings Interest Coverage Related Terms

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


Wright Investors' Service Holdings (Wright Investors' Service Holdings) Business Description

Traded in Other Exchanges
N/A
Address
118 North Bedford Road, Suite 100, Mount Kisco, NY, USA, 10549
Wright Investors' Service Holdings Inc is a shell company.
Executives
Miller William H Iii 10 percent owner C/O APG LLC, ONE SOUTH STREET, SUITE 2550, BALTIMORE MD 21202
Harvey P Eisen director, 10 percent owner, officer: CEO 100 SOUTH BEDFORD ROAD, MT KISCO NY 10549
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Cameron Dort A Iii director
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Andrew Leaf 10 percent owner 2101 E EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Paul Hinkle 10 percent owner 2101 E EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Eugene Vlad Robin 10 percent owner 2508 FISK LANE, REDONDO BEACH CA 90278
Harold D. Kahn officer: Acting CFO & PAO 177 WEST PUTNAM AVENUE, GREENWICH CT 06830
Marshall S Geller director 10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Amit S Khandwala officer: Co- CEO. The Winthrop Corp. 5 MAYFAIR DRIVE, TRUMBULL CT 06611
Pfenniger Richard C Jr director 4400 BISCAYNE BLVD., MIAMI FL 33137
Peter M. Donovan director, officer: CEO of Operating Subsidiary C/O THE WINTHROP CORPORATION, 440 WHEELERS FARM ROAD, MILFORD CT 06461
Thomas J Hayes officer: Chief Operating Officer 100 SOUTH BEDFORD ROAD, SUITE 2R, MOUNT KISCO NY 10549
Bedford Oak Capital Lp 10 percent owner

Wright Investors' Service Holdings (Wright Investors' Service Holdings) Headlines