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Recruiter.Com Group (Recruiter.Com Group) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Recruiter.Com 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. Recruiter.Com Group's Operating Income for the three months ended in Mar. 2024 was $-1.05 Mil. Recruiter.Com Group's Interest Expense for the three months ended in Mar. 2024 was $-0.37 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 Recruiter.Com Group's Interest Coverage or its related term are showing as below:


RCRT's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.57
* 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.


Recruiter.Com Group Interest Coverage Historical Data

The historical data trend for Recruiter.Com 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.

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Recruiter.Com Group Interest Coverage Chart

Recruiter.Com Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Recruiter.Com Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - - - -

Competitive Comparison of Recruiter.Com Group's Interest Coverage

For the Staffing & Employment Services subindustry, Recruiter.Com 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.


Recruiter.Com Group's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Recruiter.Com Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Recruiter.Com Group's Interest Coverage falls into.



Recruiter.Com 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.

Recruiter.Com Group'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, Recruiter.Com Group's Interest Expense was $-2.15 Mil. Its Operating Income was $-7.74 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Recruiter.Com Group did not have earnings to cover the interest expense.

Recruiter.Com Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Recruiter.Com Group's Interest Expense was $-0.37 Mil. Its Operating Income was $-1.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Recruiter.Com 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.


Recruiter.Com Group  (NAS:RCRT) 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 .


Recruiter.Com Group Interest Coverage Related Terms

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


Recruiter.Com Group (Recruiter.Com Group) Business Description

Traded in Other Exchanges
N/A
Address
500 Seventh Avenue, New York, NY, USA, 10018
Recruiter.Com Group Inc is a hiring platform for the network of recruiters. The company empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. The Recruiter.com network of over 28,000 small and independent recruiters utilize a web platform, complete with AI-driven job matching, to recruit talent faster. Its Recruiters On Demand provides businesses of all sizes access to virtual recruiters specialized by vertical industries to source, engage, and hire talent on an as-needed basis.
Executives
Douglas Roth director 54 W 40TH STREET, NEW YORK NY 10018
Miles L Jennings director, officer: CEO 4 OAKLAND STREET, BRISTOL CT 06010
Evan Sohn director, officer: Executive Chairman 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Josh Mcbride officer: SVP, AI Solutions 500 SEVENTH AVENUE, NEW YORK NY 10018
Xuan Smith officer: Chief Technology Officer 500 SEVENTH AVENUE, NEW YORK NY 10018
Wallace D Ruiz director
Judy Krandel officer: Chief Financial Officer 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Robert H Heath director 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Stephen Pemberton director 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607
Deborah Leff director 500 SEVENTH AVENUE, NEW YORK NY 10018
Robert Scherne officer: Interim CFO and Controller 27 ARBOR ROAD, SYOSSET NY 11791
Ricky Don Roberts officer: See Remarks 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Ashley Saddul 10 percent owner, officer: Chief Technology Officer 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Tim O'rourke director 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Elliot M Maza 10 percent owner, officer: CEO and CFO C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142