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Hemisphere Media Group (Hemisphere Media Group) Interest Coverage : 0 (At Loss) (As of Jun. 2022)


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What is Hemisphere Media Group 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. Hemisphere Media Group's Operating Income for the three months ended in Jun. 2022 was $-2.4 Mil. Hemisphere Media Group's Interest Expense for the three months ended in Jun. 2022 was $-3.1 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 Hemisphere Media Group's Interest Coverage or its related term are showing as below:


HMTV's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.545
* 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.


Hemisphere Media Group Interest Coverage Historical Data

The historical data trend for Hemisphere Media Group'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.

Hemisphere Media Group Interest Coverage Chart

Hemisphere Media Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 3.53 3.97 4.20 0.65

Hemisphere Media Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 1.60 - 1.70 - -

Competitive Comparison of Hemisphere Media Group's Interest Coverage

For the Entertainment subindustry, Hemisphere Media Group'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.


Hemisphere Media Group's Interest Coverage Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Hemisphere Media Group's Interest Coverage falls into.



Hemisphere Media Group 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.

Hemisphere Media Group's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Hemisphere Media Group's Interest Expense was $-12.0 Mil. Its Operating Income was $7.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $246.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*7.819/-11.983
=0.65

Hemisphere Media Group's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, Hemisphere Media Group's Interest Expense was $-3.1 Mil. Its Operating Income was $-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $246.2 Mil.

Hemisphere Media Group 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.


Hemisphere Media Group  (NAS:HMTV) 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 .


Hemisphere Media Group Interest Coverage Related Terms

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


Hemisphere Media Group (Hemisphere Media Group) Business Description

Traded in Other Exchanges
N/A
Address
4000 Ponce de Leon Boulevard, Suite 650, Coral Gables, FL, USA, 33146
Hemisphere Media Group Inc is a Spanish-language media company. It owns and operates several Spanish-language networks and content production platform, including movie and telenovela channels, Hispanic entertainment genres, and the cable television networks. The several Spanish Spanish-language networks and content production platform owned by the company includes Cinelatino, WAPA, WAPA America, Pasiones, Centroamerica TV and Television Dominicana. The company operates through a single segment being the operation of Spanish-language Networks and content platforms. Hemisphere generates revenue from the sale of advertising and broadcasting.
Executives
Gemini Latin Holdings, Llc 10 percent owner 405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK NY 10174
Gato Investments Lp 10 percent owner 405 LEXINGTON AVE, 48TH FL, NEW YORK NY 10151
Hwk Parent, Llc 10 percent owner C/O INTERMEDIA ADVISORS, LLC, 228 PARK AVENUE SOUTH, PMB 67521, NEW YORK NY 10003-1502
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
John Anthony Garcia officer: EVP, SALES & REVENUE C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Adam Reiss director 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Paul Leon Presburger officer: Officer of Subsidiary Division 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Monica B. Silverstein officer: Chief Human Resources Officer C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Jorge Hidalgo officer: Officer of Subsidiary Division C/O HEMISPHERE MEDIA GROUP, INC., 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Grupo Mvs Capital, S. De R.l. De C.v. 10 percent owner SIERRA GORDA 505, LOMAS DE CHAPULTEPEC, VIII SECC, MIGUEL HIDALGO, MEXICO CITY O5 11000
Cinema Aeropuerto, S.a. De C.v. 10 percent owner BLVD. MANUEL AVILA CAMACHO 147, CHAPULTEPEC MORALES, CUIDAD DE MEXICO, D.F. O5 11510
Hindery Leo J. Jr. director, 10 percent owner C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Sonia Dula director 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146