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Bigblu Broadband (LSE:BBB) Interest Coverage : 0 (At Loss) (As of Nov. 2023)


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What is Bigblu Broadband 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. Bigblu Broadband's Operating Income for the six months ended in Nov. 2023 was £-2.30 Mil. Bigblu Broadband's Interest Expense for the six months ended in Nov. 2023 was £-0.12 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 Bigblu Broadband's Interest Coverage or its related term are showing as below:


LSE:BBB's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.49
* 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.


Bigblu Broadband Interest Coverage Historical Data

The historical data trend for Bigblu Broadband'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.

Bigblu Broadband Interest Coverage Chart

Bigblu Broadband Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 0.33 - 8.34 -

Bigblu Broadband Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 13.44 - 4.84 -

Competitive Comparison of Bigblu Broadband's Interest Coverage

For the Telecom Services subindustry, Bigblu Broadband'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.


Bigblu Broadband's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bigblu Broadband's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bigblu Broadband's Interest Coverage falls into.



Bigblu Broadband 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.

Bigblu Broadband's Interest Coverage for the fiscal year that ended in Nov. 2023 is calculated as

Here, for the fiscal year that ended in Nov. 2023, Bigblu Broadband's Interest Expense was £-0.24 Mil. Its Operating Income was £-1.73 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Bigblu Broadband did not have earnings to cover the interest expense.

Bigblu Broadband's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the six months ended in Nov. 2023, Bigblu Broadband's Interest Expense was £-0.12 Mil. Its Operating Income was £-2.30 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Bigblu Broadband 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.


Bigblu Broadband  (LSE:BBB) 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 .


Bigblu Broadband Interest Coverage Related Terms

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Bigblu Broadband (LSE:BBB) Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Bigblu Broadband PLC is an independent broadband service provider for consumers and businesses. The company has one reportable segment - the provision of broadband services. Geographically, it derives a majority of its revenue from the rest of the world and has a presence in the United Kingdom and Europe. Its product consists of Satellite Broadband, next-generation fixed wireless, and 4G/5G. The company generates revenue from the sale of airtime, data, hardware, and installation in connection with the supply of broadband services.

Bigblu Broadband (LSE:BBB) Headlines

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