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3R Games SpolkaAkcyjna (WAR:3RG) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is 3R Games SpolkaAkcyjna 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. 3R Games SpolkaAkcyjna's Operating Income for the three months ended in Dec. 2023 was zł0.44 Mil. 3R Games SpolkaAkcyjna's Interest Expense for the three months ended in Dec. 2023 was zł0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

3R Games SpolkaAkcyjna has no debt.

The historical rank and industry rank for 3R Games SpolkaAkcyjna's Interest Coverage or its related term are showing as below:

WAR:3RG' s Interest Coverage Range Over the Past 10 Years
Min: 7.08   Med: 103.54   Max: 200
Current: 200


WAR:3RG's Interest Coverage is ranked better than
90.14% of 761 companies
in the Retail - Cyclical industry
Industry Median: 7.6 vs WAR:3RG: 200.00

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


3R Games SpolkaAkcyjna Interest Coverage Historical Data

The historical data trend for 3R Games SpolkaAkcyjna'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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3R Games SpolkaAkcyjna Interest Coverage Chart

3R Games SpolkaAkcyjna Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.08 200.00

3R Games SpolkaAkcyjna Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 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 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 37.92 155.60 No Debt 241.00 -

Competitive Comparison of 3R Games SpolkaAkcyjna's Interest Coverage

For the Internet Retail subindustry, 3R Games SpolkaAkcyjna'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.


3R Games SpolkaAkcyjna's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 3R Games SpolkaAkcyjna's Interest Coverage distribution charts can be found below:

* The bar in red indicates where 3R Games SpolkaAkcyjna's Interest Coverage falls into.



3R Games SpolkaAkcyjna 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.

3R Games SpolkaAkcyjna'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, 3R Games SpolkaAkcyjna's Interest Expense was zł-0.00 Mil. Its Operating Income was zł0.60 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*0.6/-0.003
=200.00

3R Games SpolkaAkcyjna's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, 3R Games SpolkaAkcyjna's Interest Expense was zł0.00 Mil. Its Operating Income was zł0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

* 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.


3R Games SpolkaAkcyjna  (WAR:3RG) 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 .


3R Games SpolkaAkcyjna Interest Coverage Related Terms

Thank you for viewing the detailed overview of 3R Games SpolkaAkcyjna's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


3R Games SpolkaAkcyjna (WAR:3RG) Business Description

Traded in Other Exchanges
N/A
Address
Inflancka 4B, Gdynia, POL, 00-189
3R Games SpolkaAkcyjna formerly HubStyle SA is an e-commerce development company. The company creates web-based tools for Internet users and entrepreneurs as well as develops and operates its own sites. It also operates a price comparison website.

3R Games SpolkaAkcyjna (WAR:3RG) Headlines

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