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Spark Networks SE (FRA:SP0) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is Spark Networks SE 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. Spark Networks SE's Operating Income for the three months ended in Jun. 2023 was €-1.0 Mil. Spark Networks SE's Interest Expense for the three months ended in Jun. 2023 was €-3.8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Spark Networks SEs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Spark Networks SE's Interest Coverage or its related term are showing as below:

FRA:SP0' s Interest Coverage Range Over the Past 10 Years
Min: 0.67   Med: 2.13   Max: No Debt
Current: 0.92


FRA:SP0's Interest Coverage is ranked worse than
95.51% of 312 companies
in the Interactive Media industry
Industry Median: 33.795 vs FRA:SP0: 0.92

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


Spark Networks SE Interest Coverage Historical Data

The historical data trend for Spark Networks SE'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.

Spark Networks SE Interest Coverage Chart

Spark Networks SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial 2.85 - 1.35 1.41 0.67

Spark Networks SE Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - 2.06 2.24 - -

Competitive Comparison of Spark Networks SE's Interest Coverage

For the Internet Content & Information subindustry, Spark Networks SE'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.


Spark Networks SE's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spark Networks SE's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Spark Networks SE's Interest Coverage falls into.



Spark Networks SE 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.

Spark Networks SE'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, Spark Networks SE's Interest Expense was €-15.5 Mil. Its Operating Income was €10.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*10.321/-15.512
=0.67

Spark Networks SE's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Spark Networks SE's Interest Expense was €-3.8 Mil. Its Operating Income was €-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.4 Mil.

Spark Networks SE 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.


Spark Networks SE  (FRA:SP0) 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 .


Spark Networks SE Interest Coverage Related Terms

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


Spark Networks SE (FRA:SP0) Business Description

Traded in Other Exchanges
Address
Kohlfurter Strasse 41/43, Berlin, BB, DEU, 10999
Spark Networks SE operates a global online dating site. Its focus is on catering to professionals and educated singles with serious relationship intentions in North America and other international markets. The group reports two reportable segments Zoosk and Spark and operates a portfolio of premium brands including EliteSingles, Jdate, Christian Mingle, SilverSingles, and JSwipe. The companies geographical presence is in United States, Germany and Rest of world, majority of its revenue comes from U.S.

Spark Networks SE (FRA:SP0) Headlines

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