Spark Networks SE (Spark Networks SE) 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 $-1.1 Mil. Spark Networks SE's Interest Expense for the three months ended in Jun. 2023 was $-4.1 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:

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

LOVLQ's Interest Coverage is ranked worse than
95.56% of 315 companies
in the Interactive Media industry
Industry Median: 36.85 vs LOVLQ: 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.

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Spark Networks SE Interest Coverage Chart

Spark Networks SE Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

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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															-	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 $-16.4 Mil. Its Operating Income was $10.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.4 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	10.933	/	-16.432
	=	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 $-4.1 Mil. Its Operating Income was $-1.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.5 Mil.

Spark Networks SE did not have earnings to cover the interest expense.

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

Spark Networks SE (OTCPK:LOVLQ) 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 (Spark Networks SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spark Networks SE (OTCPK:LOVLQ) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kohlfurter Strasse 41/43, Berlin, BB, DEU, 10999

Website

https://www.spark.net

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.

Executives

Osmium Partners, Llc	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Laura Allison Marcero	director	214 PROVENCAL ROAD, GROSSE POINTE FARMS MI 48236
Pamela B Corrie	director	100 PIER 1 PLACE, FORT WORTH TX 76102
Kristie Goodgion	officer: Executive Director and CFO	C/O SPARK NETWORKS SE KOHLFURTER STRASSE, BERLIN 2M 10999
Michael J Mcconnell	director	P.O. BOX 6280, NEWPORT BEACH CA 92658
Ulrike Handel	director	C/O SPARK NETWORKS SE, KOHLFURTER STRASSE 41/43, BERLIN X9 10999
Frederic Beckley	officer: General Counsel and CAO	280 UNION SQUARE DRIVE, NEW HOPE PA 18938
Brown Colleen B	director	C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Joseph E Whitters	director
David D Clark	officer: Chief Financial Officer	FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Bradley Goldberg	director	141 W JACKSON BLVD, SUITE 500, CHICAGO X1 60604
Eric Eichmann	officer: Chief Executive Officer	C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 11TH FLOOR, NEW YORK NY 10016
Bangaly Gaba	director	C/O SPARK NETWORKS SE, KOHLFURTER STRASSE 41/43, BERLIN 2M 10999
Canaan Viii Lp	10 percent owner	2765 SAND HILL RD, MENLO PARK CA 94025
John Hartnett Lewis	10 percent owner	388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111