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

View and export this data going back to 2023. Start your Free Trial

What is Benevolent AI 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. Benevolent AI's Operating Income for the three months ended in Dec. 2023 was $-45.52 Mil. Benevolent AI's Interest Expense for the three months ended in Dec. 2023 was $-0.19 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 Benevolent AI's Interest Coverage or its related term are showing as below:

BAIVF's Interest Coverage is not ranked ^*
in the Biotechnology industry.
Industry Median: 152.38
* 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.

Benevolent AI Interest Coverage Historical Data

The historical data trend for Benevolent AI'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.

Benevolent AI Interest Coverage Chart

Benevolent AI Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

Benevolent AI Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial				-	-	246.21	-	-

Competitive Comparison of Benevolent AI's Interest Coverage

For the Biotechnology subindustry, Benevolent AI'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.

Benevolent AI's Interest Coverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Benevolent AI's Interest Coverage distribution charts can be found below:

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

Benevolent AI 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.

Benevolent AI'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, Benevolent AI's Interest Expense was $-0.41 Mil. Its Operating Income was $-96.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.84 Mil.

Benevolent AI did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, Benevolent AI's Interest Expense was $-0.19 Mil. Its Operating Income was $-45.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.84 Mil.

Benevolent AI did not have earnings to cover the interest expense.

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

Benevolent AI (GREY:BAIVF) 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 .

Benevolent AI Interest Coverage Related Terms

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

Benevolent AI (Benevolent AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Benevolent AI (GREY:BAIVF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

BAI:Netherlands 2XA:Germany

Address

4-8 Maple Street, London, GBR, W1T 5HD

Website

https://www.benevolent.com

Benevolent AI is a clinical-stage AI-enabled drug discovery company. It delivers novel drug candidates with a higher probability of clinical success than those developed using traditional methods. The Benevolent Platform powers a growing in-house pipeline of over 20 drug programmes, spanning from target discovery to clinical studies, and it maintains commercial collaborations with pharmaceutical companies.