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Fullnet Communications (Fullnet Communications) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Fullnet Communications 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. Fullnet Communications's Operating Income for the three months ended in Dec. 2023 was $0.04 Mil. Fullnet Communications's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Fullnet Communications has no debt. 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. Fullnet Communications Inc has enough cash to cover all of its debt. Its financial situation is stable.

(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 Fullnet Communications's Interest Coverage or its related term are showing as below:


FULO's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.49
* 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.


Fullnet Communications Interest Coverage Historical Data

The historical data trend for Fullnet Communications'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.

Fullnet Communications Interest Coverage Chart

Fullnet Communications 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 N/A N/A N/A N/A No Debt

Fullnet Communications 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 N/A N/A N/A N/A No Debt

Competitive Comparison of Fullnet Communications's Interest Coverage

For the Telecom Services subindustry, Fullnet Communications'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.


Fullnet Communications's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Fullnet Communications's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fullnet Communications's Interest Coverage falls into.



Fullnet Communications 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.

Fullnet Communications'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, Fullnet Communications's Interest Expense was $0.00 Mil. Its Operating Income was $0.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Fullnet Communications had no debt (1).

Fullnet Communications's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Fullnet Communications's Interest Expense was $0.00 Mil. Its Operating Income was $0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Fullnet Communications 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.


Fullnet Communications  (OTCPK:FULO) 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 .


Fullnet Communications Interest Coverage Related Terms

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


Fullnet Communications (Fullnet Communications) Business Description

Traded in Other Exchanges
N/A
Address
201 Robert S. Kerr Avenue, Suite 210, Oklahoma City, OK, USA, 73102
Fullnet Communications Inc is an integrated communications provider. The company through its subsidiaries, provides high quality, reliable and scalable Internet access, web hosting, local telephone service, equipment colocation, customized live help desk outsourcing services, mass notification services using text messages and automated telephone calls, as well as advanced voice and data solutions. The company derives the majority of its revenue and its customers from three primary types of service Mass notification services using text messages and automated telephone calls; Equipment colocation and related services; and Customized live help desk outsourcing service.
Executives
Timothy J Kilkenny director, 10 percent owner, officer: Chief Executive Officer 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Roger P Baresel director, officer: President & CFO 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Michael D Tomas officer: Vice President 201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Theodore S Williams officer: Vice President 201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Jason C Ayers officer: Vice President 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Patricia R Shurley officer: Vice President 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102

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