The Marquie Group (The Marquie Group) Interest Coverage : 0 (At Loss) (As of Feb. 2024)

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What is The Marquie 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. The Marquie Group's Operating Income for the three months ended in Feb. 2024 was $-0.13 Mil. The Marquie Group's Interest Expense for the three months ended in Feb. 2024 was $-0.13 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 The Marquie Group's Interest Coverage or its related term are showing as below:

TMGI's Interest Coverage is not ranked ^*
in the Media - Diversified industry.
Industry Median: 11.615
* 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.

The Marquie Group Interest Coverage Historical Data

The historical data trend for The Marquie 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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The Marquie Group Interest Coverage Chart

The Marquie Group Annual Data

Trend

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Interest Coverage

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The Marquie Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of The Marquie Group's Interest Coverage

For the Broadcasting subindustry, The Marquie 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.

The Marquie Group's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Marquie Group's Interest Coverage distribution charts can be found below:

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

The Marquie 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.

The Marquie Group's Interest Coverage for the fiscal year that ended in May. 2023 is calculated as

Here, for the fiscal year that ended in May. 2023, The Marquie Group's Interest Expense was $-0.38 Mil. Its Operating Income was $-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

The Marquie Group did not have earnings to cover the interest expense.

The Marquie Group's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, The Marquie Group's Interest Expense was $-0.13 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

The Marquie Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

The Marquie Group (OTCPK:TMGI) 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 .

The Marquie Group Interest Coverage Related Terms

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

The Marquie Group (The Marquie Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Marquie Group Inc (OTCPK:TMGI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

7901 4th Street North, Suite 4000, Saint Petersburgh, FL, USA, 33702

Website

https://www.themarquiegroup.com

The Marquie Group Inc owns is a United States-based direct-to-consumer company specializing in marketing, product development, and media, including a dynamic radio and digital network. It operates two businesses: a nationally syndicated radio network called Music of Your Life, broadcast on AM, FM, and HD terrestrial radio stations across the United States, and heard around the world over the Internet; and a direct-to-consumer, health and beauty product line called Whim, that includes a regime of face care products and other beauty products. Revenues are generated from spot sales, digital sales, and subscription-based sales from live radio programming through radio stations.

Executives

Oz Corp	10 percent owner	24328 VERMONT AVENUE, SUITE 300, HARBOR CITY CA 90710
John Darrow Thomas	10 percent owner	10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Jacquie Angell	other: Spouse of the CEO	3225 MCLEOD DRIVE, SUITE 100, LAS VEGAS NV 89103
Marc Angell	director, 10 percent owner, officer: President, CEO, Secretary	3225 MCLEOD DRIVE, SUITE 100, LAS VEGAS NV 89121
Binquan Zhang	officer: Chief Financial Officer	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Pin Nie	director, officer: COO, CEO	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Zhongping Zhou	director	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Li Wang	director, 10 percent owner, officer: Pres, Sec, Ch. of Board of Dir	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Jun Zou	director	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032