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ArriVent BioPharma (ArriVent BioPharma) Interest Coverage : N/A (As of Mar. 2024)


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What is ArriVent BioPharma 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. ArriVent BioPharma's Operating Income for the three months ended in Mar. 2024 was $-20.67 Mil. ArriVent BioPharma's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ArriVent BioPharma Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


AVBP's Interest Coverage is not ranked *
in the Biotechnology industry.
Industry Median: 146.6
* 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.


ArriVent BioPharma Interest Coverage Historical Data

The historical data trend for ArriVent BioPharma'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.

ArriVent BioPharma Interest Coverage Chart

ArriVent BioPharma Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt N/A N/A

ArriVent BioPharma Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt N/A N/A

Competitive Comparison of ArriVent BioPharma's Interest Coverage

For the Biotechnology subindustry, ArriVent BioPharma'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.


ArriVent BioPharma's Interest Coverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ArriVent BioPharma's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ArriVent BioPharma's Interest Coverage falls into.



ArriVent BioPharma 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.

ArriVent BioPharma'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, ArriVent BioPharma's Interest Expense was $0.00 Mil. Its Operating Income was $-74.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.18 Mil.

GuruFocus does not calculate ArriVent BioPharma's interest coverage with the available data.

ArriVent BioPharma's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, ArriVent BioPharma's Interest Expense was $0.00 Mil. Its Operating Income was $-20.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.14 Mil.

GuruFocus does not calculate ArriVent BioPharma's interest coverage with the available data.

* 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.


ArriVent BioPharma  (NAS:AVBP) 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 .


ArriVent BioPharma Interest Coverage Related Terms

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ArriVent BioPharma (ArriVent BioPharma) Business Description

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ArriVent BioPharma Inc is a clinical-stage biopharmaceutical company dedicated to the identification, development and commercialization of differentiated medicines to address the unmet medical needs of patients with cancers. They seek to utilize our team's deep drug development experience to maximize the potential of our lead development candidate, furmonertinib, and advance a pipeline of novel therapeutics, such as next-generation antibody drug conjugates, through approval and commercialization in patients suffering from cancer, with an initial focus on solid tumors.

ArriVent BioPharma (ArriVent BioPharma) Headlines

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