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Startengine Crowdfunding (Startengine Crowdfunding) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Startengine Crowdfunding 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. Startengine Crowdfunding's Operating Income for the three months ended in Dec. 2023 was $-5.19 Mil. Startengine Crowdfunding's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Startengine Crowdfunding has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Startengine Crowdfunding Inc has no debt.

(1) 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.

The historical rank and industry rank for Startengine Crowdfunding's Interest Coverage or its related term are showing as below:

STGC' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


STGC's Interest Coverage is ranked better than
99.34% of 457 companies
in the Capital Markets industry
Industry Median: 19.81 vs STGC: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Startengine Crowdfunding Interest Coverage Historical Data

The historical data trend for Startengine Crowdfunding'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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Startengine Crowdfunding Interest Coverage Chart

Startengine Crowdfunding Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
No Debt No Debt No Debt

Startengine Crowdfunding Quarterly Data
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Startengine Crowdfunding's Interest Coverage

For the Capital Markets subindustry, Startengine Crowdfunding'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.


Startengine Crowdfunding's Interest Coverage Distribution in the Capital Markets Industry

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

* The bar in red indicates where Startengine Crowdfunding's Interest Coverage falls into.



Startengine Crowdfunding 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.

Startengine Crowdfunding'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, Startengine Crowdfunding's Interest Expense was $0.00 Mil. Its Operating Income was $-14.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Startengine Crowdfunding had no debt (1).

Startengine Crowdfunding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Startengine Crowdfunding's Interest Expense was $0.00 Mil. Its Operating Income was $-5.19 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Startengine Crowdfunding had no debt (1).

* 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.


Startengine Crowdfunding  (OTCPK:STGC) 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 .


Startengine Crowdfunding Interest Coverage Related Terms

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


Startengine Crowdfunding (Startengine Crowdfunding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4100 West Alameda Avenue, 3rd Floor, Burbank, CA, USA, 91505
Startengine Crowdfunding Inc is an equity crowdfunding platform. The company allows investors and common people to invest in start-up projects and early-stage companies. Also, it facilitates small and medium-sized businesses in raising capital at every stage and provides related services.
Executives
Joshua Daniel Amster officer: VP, Fundraising 16029 SKYTOP RD ENCINO CA 91436
Jonathan Reyes officer: Chief Compliance Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Aubrey Chernick 10 percent owner C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Lee Miller 10 percent owner 1014 23RD ST. SANTA MONICA CA 90403
Johanna Cronin officer: Chief Marketing Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Howard Edward Marks director, 10 percent owner, officer: Chief Executive Officer 2900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Ronald David Miller director, 10 percent owner 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Jebsen Allen C D officer: SVP, Fundraising 3900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Hunter Strassman officer: VP, Finance C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STRE 1200 BURBANK CA 91515
Joeseph Mathews officer: Chief Technology Officer C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE. SUITE 1200 BURBANK CA 91505

Startengine Crowdfunding (Startengine Crowdfunding) Headlines

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