Microbot Medical (Microbot Medical) Interest Coverage : N/A (As of Mar. 2024)

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What is Microbot Medical 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. Microbot Medical's Operating Income for the three months ended in Mar. 2024 was $-2.38 Mil. Microbot Medical'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. Microbot Medical Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

MBOT's Interest Coverage is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 18.14
* 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.

Microbot Medical Interest Coverage Historical Data

The historical data trend for Microbot Medical'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.

Microbot Medical Interest Coverage Chart

Microbot Medical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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N/A

Microbot Medical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Microbot Medical's Interest Coverage

For the Medical Instruments & Supplies subindustry, Microbot Medical'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.

Microbot Medical's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Microbot Medical's Interest Coverage distribution charts can be found below:

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

Microbot Medical 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.

Microbot Medical'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, Microbot Medical's Interest Expense was $0.00 Mil. Its Operating Income was $-10.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

GuruFocus does not calculate Microbot Medical's interest coverage with the available data.

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

Here, for the three months ended in Mar. 2024, Microbot Medical's Interest Expense was $0.00 Mil. Its Operating Income was $-2.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.02 Mil.

GuruFocus does not calculate Microbot Medical's interest coverage with the available data.

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

Microbot Medical (NAS:MBOT) 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 .

Microbot Medical Interest Coverage Related Terms

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

Microbot Medical (Microbot Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Microbot Medical Inc (NAS:MBOT) » Definitions » Interest Coverage

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Traded in Other Exchanges

CY9D:Germany

Address

25 Recreation Park Drive, Unit 108, Hingham, MA, USA, 02043

Website

https://microbotmedical.com

Microbot Medical Inc is a pre-clinical medical device company. It specializes in developing next-generation micro-robotic medical technologies that can change the future of medicine. Their vision is to improve the quality of life of millions of patients globally by advancing micro-robotic technologies to perform surgical procedures and offer physicians and their patients less invasive and more precise solutions. The company's innovative platforms LIBERTY and Self-Cleaning Shunt (SCS) are in one of the fastest-growing segments in healthcare. The group continuously develops its technology with the goal to improve surgical outcomes worldwide. The firm presently holds domestic and global patents that strengthen its product portfolio and create barriers of entry.

Executives

Rachel Vaknin	officer: Chief Financial Officer	DROR 3/10, ZICHRON YAAKOV L3 3090216
Simon Sharon	officer: General Manager & CTO	8 HAMADA STREET, ZICHRON YAACOV L3 3090708
Yoseph Bornstein	director, 10 percent owner	16 IRUS STREET, ROSH HA'AYIN L3 4858022
Tal Baruch Wenderow	director	1149, BEACON STREET, NEWTON MA 02461
Eyal Morag	officer: Chief Medical Officer	BONEY HAEAR 3 STREET, APT #13, TEL AVIV L3 6937303
Aileen Ptucha Stockburger	director	26 WELLINGTON CT, BELLE MEADE NJ 08502
Harel Gadot	director, 10 percent owner, officer: Chairman and CEO	5 VILLAGE LANE, HINGHAM MA 02043
Joseph Mona	10 percent owner	808 HAMPTON ST, COLUMBIA SC 29201
Prattipati Laxminarain	director	3 HEWINS FARM ROAD, WELLESLEY MA 02481
Yoav Zvi Waizer	director	8 HAVERED STREET, RAANANA L3 4352308
Moshe Shoham	director	22 BEDOLACH STREET, HOSHAYA L3 1791500
Leon Lewkowicz	10 percent owner	GORDON STREET 10, APARTMENT 7, TEL-AVIV L3 63458
Martin J. Madden	director	C/O MICROBOT MEDICAL INC., 175 DERBY STREET 27/1, HINGHAM MA 02043
Yehezkel Himelfarb	officer: General Manager & COO	32 BEN YOSEF STREET, TEL-AVIV L3 6912530
Sandra Berkson	10 percent owner	C/O SABER HOLDING GMBH, WEIN KRUMMBAUMGASSE C4 1020