Angler Gaming (XSAT:ANGL) Interest Coverage

: 1.92 (As of Sep. 2023)

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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. Angler Gaming's Operating Income for the three months ended in Sep. 2023 was kr12.9 Mil. Angler Gaming's Interest Expense for the three months ended in Sep. 2023 was kr-6.7 Mil. Angler Gaming's interest coverage for the quarter that ended in Sep. 2023 was 1.92. The higher the ratio, the stronger the company's financial strength is.

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

XSAT:ANGL' s Interest Coverage Range Over the Past 10 Years
Min: 0.51 Med: 59.44 Max: 115.65
Current: 0.51

XSAT:ANGL's Interest Coverage is ranked worse than
93.88% of 605 companies
in the Travel & Leisure industry
Industry Median: 5.02 vs XSAT:ANGL: 0.51

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

Angler Gaming Interest Coverage Historical Data

The historical data trend for Angler Gaming'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 115.65 [6] => 19.14 [7] => 32.61 [8] => 20.43 [9] => - )

Angler Gaming Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

115.65

19.14

32.61

20.43

Angler Gaming Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Coverage																1.62	No Debt	4.13	1.51	1.92

Competitive Comparison

For the Gambling subindustry, Angler Gaming'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.

Angler Gaming Interest Coverage Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Angler Gaming's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Angler Gaming's Interest Coverage falls into.

Angler Gaming 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.

Angler Gaming's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Angler Gaming's Interest Expense was kr-0.2 Mil. Its Operating Income was kr-23.9 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Angler Gaming did not have earnings to cover the interest expense.

Angler Gaming's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Angler Gaming's Interest Expense was kr-6.7 Mil. Its Operating Income was kr12.9 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	12.942	/	-6.743
	=	1.92

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

Angler Gaming (XSAT:ANGL) 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 .

Angler Gaming Interest Coverage Related Terms

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

Angler Gaming (XSAT:ANGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Angler Gaming PLC (XSAT:ANGL) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

0QM:Germany

Address

75 Abate Rigord Street, Level G, Office 1 / 3327, Quantum House, Ta' Xbiex, MLT

Website

https://www.anglergaming.com

Angler Gaming PLC is a holding company in Malta that invests in companies that offers gaming services over the Internet. Its core business activities are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of company is generated from Casino revenue, Marketing and SEO revenue and Dividend received.