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Video River Networks (Video River Networks) Interest Coverage : N/A (As of Dec. 2023)


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What is Video River Networks 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. Video River Networks's Operating Income for the three months ended in Dec. 2023 was $-0.66 Mil. Video River Networks's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Video River Networks's Interest Coverage or its related term are showing as below:


NIHK's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.26
* 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.


Video River Networks Interest Coverage Historical Data

The historical data trend for Video River Networks'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.

Video River Networks Interest Coverage Chart

Video River Networks Annual Data
Trend Dec06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A - N/A N/A N/A

Video River Networks 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 N/A N/A N/A N/A N/A

Competitive Comparison of Video River Networks's Interest Coverage

For the Capital Markets subindustry, Video River Networks'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.


Video River Networks's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Video River Networks's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Video River Networks's Interest Coverage falls into.



Video River Networks 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.

Video River Networks'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, Video River Networks's Interest Expense was $0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.33 Mil.

GuruFocus does not calculate Video River Networks's interest coverage with the available data.

Video River Networks's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Video River Networks's Interest Expense was $0.00 Mil. Its Operating Income was $-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.33 Mil.

GuruFocus does not calculate Video River Networks's interest coverage with the available data.

* 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.


Video River Networks  (OTCPK:NIHK) 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 .


Video River Networks Interest Coverage Related Terms

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


Video River Networks (Video River Networks) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.
Executives
Frank I Igwealor director, 10 percent owner, officer: President and CEO 370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc. director, 10 percent owner, officer: President and CEO 3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc. director, 10 percent owner, officer: President and CEO 1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond officer: Corporate Controller
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman director
H Douglas Saathoff officer: CEO
Myron Anduri 10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson 10 percent owner P.O. BOX 24947, DENVER CO 80224-0947

Video River Networks (Video River Networks) Headlines

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