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Bravo Multinational (Bravo Multinational) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Bravo Multinational 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. Bravo Multinational's Operating Income for the three months ended in Dec. 2023 was $-0.10 Mil. Bravo Multinational's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Bravo Multinational has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Bravo Multinational Inc has no debt.

(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 Bravo Multinational's Interest Coverage or its related term are showing as below:

BRVO' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BRVO's Interest Coverage is ranked better than
99.33% of 601 companies
in the Travel & Leisure industry
Industry Median: 5.14 vs BRVO: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Bravo Multinational Interest Coverage Historical Data

The historical data trend for Bravo Multinational'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.

Bravo Multinational Interest Coverage Chart

Bravo Multinational 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 - No Debt No Debt No Debt No Debt

Bravo Multinational 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Bravo Multinational's Interest Coverage

For the Gambling subindustry, Bravo Multinational'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.


Bravo Multinational's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bravo Multinational's Interest Coverage distribution charts can be found below:

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



Bravo Multinational 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.

Bravo Multinational'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, Bravo Multinational's Interest Expense was $0.00 Mil. Its Operating Income was $-0.43 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bravo Multinational had no debt (1).

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

Here, for the three months ended in Dec. 2023, Bravo Multinational's Interest Expense was $0.00 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bravo Multinational 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.


Bravo Multinational  (OTCPK:BRVO) 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 .


Bravo Multinational Interest Coverage Related Terms

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


Bravo Multinational (Bravo Multinational) Business Description

Traded in Other Exchanges
N/A
Address
2020 General Booth Boulevard, Unit 230, Virginia Beach, VA, USA, 23454
Bravo Multinational Inc is engaged in the business of leasing gaming equipment. It offers slot machines; blackjack and miscellaneous game tables, related furniture and equipment; roulette table and bingo equipment. Its equipment also includes casino chips, bill acceptors, coin counter and related equipment, and miscellaneous office equipment, such as chairs and tables. Geographically the operations function through the region of the United States.
Executives
Merle Ferguson director, 10 percent owner, officer: CEO/Chairman 2020 GENERAL BOOTH BLVD., SUITE 230, VIRGINIA BEACH VA 23454
Kayla Slick director, officer: COO 4413 TRIPOLI DRIVE, LAFAYETTE IN 47909
Grant Cramer director, officer: CEO 10311 CLUSTERBERRY CT, LOS ANGELES CA 90077
Hagan Frank J Jr. director, officer: President 7941 SELMA AVENUE, #226, LOS ANGELES CA 90046
Josh Vance director 312 E SOUTH TEMPLE, SALT LAKE CITY UT 84111
Diversified Consultants, Llc 10 percent owner 8068 W. SAHARA AVE, SUITE C, LAS VEGAS NV 89117
Susan Donohue 10 percent owner, other: Company Consultant 19001 S. RICHFIELD AVE, #102, GREEN VALLEY AZ 85614
Julios Kosta 10 percent owner 30 WEST BEAVER CREEK, SUITE 105, RICHMOND HILL A6 L1V 7G8
Douglas Barry Brooks director, officer: Vice-president 590 YORK ROAD, UNIT #3, NIAGARA ON THE LAKE A6 L0S 1J0
Richard Kaiser Kaiser officer: Secretary 3419 VIRGINIA BEACH BLVD, UNIT 252, VIRGINIA BEACH VA 23452
Paul Parliament director P.O.B 299, ST. DAVIDS A6 L0S 1P0
Prosser John G Ii director 691 NORTH SQUIRREL ROAD, SUITE 105, AUBURN HILLS MI 48326
Martin Wolfe director 1807-7 TOWNSGATE DRIVE, THORNHILL A6 L4J7Z9
Lewis J Georges director 101 WEST MAIN STREET, SUITE 400, NORFOLK VA 23510
Denise Quilliam director, 10 percent owner, officer: SECRETARY 7270 WOODBINE AVE, SUITE 200 L3R 4B9, MARKHAM ONTARIO