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


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What is GEX Management 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. GEX Management's Operating Income for the three months ended in Dec. 2023 was $-0.32 Mil. GEX Management's Interest Expense for the three months ended in Dec. 2023 was $-0.43 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 GEX Management's Interest Coverage or its related term are showing as below:


GXXM's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.27
* 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.


GEX Management Interest Coverage Historical Data

The historical data trend for GEX Management'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.

GEX Management Interest Coverage Chart

GEX Management Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - - - 0.04 -

GEX Management 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 0.59 No Debt No Debt No Debt -

Competitive Comparison of GEX Management's Interest Coverage

For the Staffing & Employment Services subindustry, GEX Management'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.


GEX Management's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GEX Management's Interest Coverage distribution charts can be found below:

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



GEX Management 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.

GEX Management'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, GEX Management's Interest Expense was $-0.43 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

GEX Management did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, GEX Management's Interest Expense was $-0.43 Mil. Its Operating Income was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

GEX Management 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.


GEX Management  (OTCPK:GXXM) 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 .


GEX Management Interest Coverage Related Terms

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


GEX Management (GEX Management) Business Description

Traded in Other Exchanges
N/A
Address
3662 West Camp Wisdom Road, Dallas, TX, USA, 75237
GEX Management Inc is engaged in the business of providing business management and human resources solutions for small to midsize businesses. The company also provides staffing and back-office services to a wide variety of industries, and it earns revenue from its management consulting services.
Executives
Srikumar Vanamali director, 10 percent owner, officer: Interim CEO & Exec Director 12001 N CENTRAL EXPY, #825, DALLAS TX 75243
Shaheed Bailey director, 10 percent owner, officer: Interim Chief Invstmt Officer 39 F BROOKSIDE DRIVE, CLIFTON NJ 07054
Clayton Carter director, 10 percent owner, officer: Chief Financial Officer 325 N. ST. PAUL STREET, SUITE 1350, DALLAS TX 75201
Chelsea Christopherson director, 10 percent owner, officer: Chief Operating Officer 10931 STONE CANYON ROAD, APT 229, DALLAS TX 75243
Carl Dorvil director, 10 percent owner, officer: Chariman of the Board & CEO 1411 NEWCASTLE, ROCKWALL TX 75032