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Touchpoint Group Holdings (Touchpoint Group Holdings) Interest Coverage : 0 (At Loss) (As of Sep. 2022)


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What is Touchpoint Group Holdings 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. Touchpoint Group Holdings's Operating Income for the three months ended in Sep. 2022 was $-0.42 Mil. Touchpoint Group Holdings's Interest Expense for the three months ended in Sep. 2022 was $-0.55 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 Touchpoint Group Holdings's Interest Coverage or its related term are showing as below:


TGHI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.29
* 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.


Touchpoint Group Holdings Interest Coverage Historical Data

The historical data trend for Touchpoint Group Holdings'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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Touchpoint Group Holdings Interest Coverage Chart

Touchpoint Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
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Touchpoint Group Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Touchpoint Group Holdings's Interest Coverage

For the Software - Application subindustry, Touchpoint Group Holdings'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.


Touchpoint Group Holdings's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Touchpoint Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Touchpoint Group Holdings's Interest Coverage falls into.



Touchpoint Group Holdings 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.

Touchpoint Group Holdings's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Touchpoint Group Holdings's Interest Expense was $-0.94 Mil. Its Operating Income was $-3.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Touchpoint Group Holdings did not have earnings to cover the interest expense.

Touchpoint Group Holdings's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Touchpoint Group Holdings's Interest Expense was $-0.55 Mil. Its Operating Income was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Touchpoint Group Holdings 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.


Touchpoint Group Holdings  (OTCPK:TGHI) 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 .


Touchpoint Group Holdings Interest Coverage Related Terms

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


Touchpoint Group Holdings (Touchpoint Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4300 Biscayne Boulelvard, Suite 203, Miami, FL, USA, 33137
Touchpoint Group Holdings Inc is a media and digital technology company. The company through its subsidiaries develops software that supplies a robust fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The software brings the users to engage with clubs, favorite players, peers, and relevant brands through features that include live streaming, access to limited edition merchandise, gamification, user rewards, third-party-branded offers, credit cards, and associated benefits.
Executives
Zhanming Wu 10 percent owner ROOM 703, BUILDING NO. 5, NO. 868 PUMING ROAD, SHANGHAI F4 200120
Ajing Zhang director ROOM 901, NO. 4, LANE 999, SHI LONG ROAD, XUHUI DISTRICT, SHANGHAI F4 200237
Pengfei Li director ROOM 601, NO. 11, LANE 1188, SOUTH WANPING ROAD, XUHUI DISTRICT, SHANGHAI F4 200232
Edwin Lun officer: Chief Operating Officer ROOM 1808,18/F HUTCHISON HSE.10 HARCOURT, HONG KONG F4 XXXXXXX
Mark Brian White director, 10 percent owner, officer: Chief Executive Officer IMMEUBLE MILA, CHAMPERY V8 1874
Martin Christopher Ward director, officer: Chief Financial Officer CHALKSTREAM, KINGS SOMBORNE, STOCKBRIDGE X0 S020 6NZ
Robert Paul Vogler director INDUSTRIESTRASSE 40, ZUG V8 CH6300
Robert Philip Law director 2 TOWER MEWS, SALISBURY X0 SP1 3DJ
Charles Richard Vos director 45 STAR STREET, LONDON X0 W2 1QA
Nicholas Paul Carpinello director 1686 BEECHSHIRE DRIVE, CINCINNATI OH 45255
Stephen Michael Austin director 39 TEMPLE FORTUNE HILL, LONDON X0 NW11 7XP
Brian James Collins director, 10 percent owner, officer: VP, Chief Technology Officer HEIDWEG 7B, KLOSTERS V8 7250
John D Hannesson officer: Exec VP, Secretary 18661 VIA PALATINO, IRVINE CA 92603
Kenneth F Raznick director, 10 percent owner, officer: Chairman of the Board ONE WAKONDA, DOVE CANYON CA 92679
Mark Dicamillo officer: Exec VP, COO ONE WAKONDA, DOVE CANYON CA 92679