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LiveOne (LiveOne) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is LiveOne 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. LiveOne's Operating Income for the three months ended in Dec. 2023 was $-0.6 Mil. LiveOne's Interest Expense for the three months ended in Dec. 2023 was $-1.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


LVO's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.49
* 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.


LiveOne Interest Coverage Historical Data

The historical data trend for LiveOne'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.

LiveOne Interest Coverage Chart

LiveOne Annual Data
Trend Apr14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
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LiveOne Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of LiveOne's Interest Coverage

For the Entertainment subindustry, LiveOne'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.


LiveOne's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, LiveOne's Interest Coverage distribution charts can be found below:

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



LiveOne 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.

LiveOne's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, LiveOne's Interest Expense was $-7.3 Mil. Its Operating Income was $-0.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.3 Mil.

LiveOne did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, LiveOne's Interest Expense was $-1.3 Mil. Its Operating Income was $-0.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.9 Mil.

LiveOne 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.


LiveOne  (NAS:LVO) 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 .


LiveOne Interest Coverage Related Terms

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


LiveOne (LiveOne) Business Description

Traded in Other Exchanges
Address
269 South Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through two segments, Audio and Media, with a majority of its revenue derived from the Audio segment.
Executives
Kristopher Wright director 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Robert S Ellin director, 10 percent owner, officer: CEO and Chairman 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Aaron Sullivan officer: Interim CFO, Controller & EVP 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Jay E. Krigsman director C/O LATERAL MEDIA, INC., 2121 AVENUE OF THE STARS, SUITE 2550, LOS ANGELES CA 90067
Patrick D Wachsberger director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Maria D Garrido director C/O LIVEXLIVE MEDIA, INC.,, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Quartieri officer: CFO, EVP & Secretary C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Bridget Baker director 2550 DENALI STREET, SUITE 1000, ANCHORAGE X1 99503
Tim J. Spengler director C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Dermot A Mccormack officer: President C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE #1450, BEVERLY HILLS CA 90212
Kenneth A Solomon director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Douglas D Schaer officer: Chief Operating Officer C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Leonard Zemetra officer: CFO and EVP 5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Jerome N. Gold officer: CFO and EVP C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212