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Adventure Box Technology AB (OSTO:ADVBOX) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Adventure Box Technology AB 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. Adventure Box Technology AB's Operating Income for the three months ended in Mar. 2024 was kr-4.19 Mil. Adventure Box Technology AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.05 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 Adventure Box Technology AB's Interest Coverage or its related term are showing as below:


OSTO:ADVBOX's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 36.48
* 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.


Adventure Box Technology AB Interest Coverage Historical Data

The historical data trend for Adventure Box Technology AB'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.

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Adventure Box Technology AB Interest Coverage Chart

Adventure Box Technology AB Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22
Interest Coverage
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Adventure Box Technology AB Quarterly Data
Aug18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - No Debt No Debt -

Competitive Comparison of Adventure Box Technology AB's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Adventure Box Technology AB'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.


Adventure Box Technology AB's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Adventure Box Technology AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Adventure Box Technology AB's Interest Coverage falls into.



Adventure Box Technology AB 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.

Adventure Box Technology AB's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Adventure Box Technology AB's Interest Expense was kr-0.12 Mil. Its Operating Income was kr-25.06 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.67 Mil.

Adventure Box Technology AB did not have earnings to cover the interest expense.

Adventure Box Technology AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Adventure Box Technology AB's Interest Expense was kr-0.05 Mil. Its Operating Income was kr-4.19 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Adventure Box Technology AB 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.


Adventure Box Technology AB  (OSTO:ADVBOX) 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 .


Adventure Box Technology AB Interest Coverage Related Terms

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


Adventure Box Technology AB (OSTO:ADVBOX) Business Description

Traded in Other Exchanges
Address
Sveavagen 166, Stockholm, SWE, 113 46
Adventure Box Technology AB is an online game provider. The company provides an online platform where users can make, share and play 3D games. It offers s KoGaMa, a social cloud platform for user-created computer games, which makes it easy and fun to create, share and play 3D games online.

Adventure Box Technology AB (OSTO:ADVBOX) Headlines

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