GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Woodbridge Liquidation Trust (OTCPK:WBQNL) » Definitions » Interest Coverage

Woodbridge Liquidation Trust (Woodbridge Liquidation Trust) Interest Coverage : No Debt (1) (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

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

Good Sign:

Woodbridge Liquidation Trust 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 Woodbridge Liquidation Trust's Interest Coverage or its related term are showing as below:

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


WBQNL's Interest Coverage is ranked better than
99.12% of 791 companies
in the Business Services industry
Industry Median: 13.27 vs WBQNL: 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.


Woodbridge Liquidation Trust Interest Coverage Historical Data

The historical data trend for Woodbridge Liquidation Trust'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.

* Premium members only.

Woodbridge Liquidation Trust Interest Coverage Chart

Woodbridge Liquidation Trust Annual Data
Trend Jun21 Jun22 Jun23
Interest Coverage
No Debt No Debt No Debt

Woodbridge Liquidation Trust Quarterly Data
Mar21 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 Woodbridge Liquidation Trust's Interest Coverage

For the Specialty Business Services subindustry, Woodbridge Liquidation Trust'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.


Woodbridge Liquidation Trust's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Woodbridge Liquidation Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Woodbridge Liquidation Trust's Interest Coverage falls into.



Woodbridge Liquidation Trust 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.

Woodbridge Liquidation Trust's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Woodbridge Liquidation Trust's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Woodbridge Liquidation Trust had no debt (1).

Woodbridge Liquidation Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Woodbridge Liquidation Trust 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.


Woodbridge Liquidation Trust  (OTCPK:WBQNL) 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 .


Woodbridge Liquidation Trust Interest Coverage Related Terms

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


Woodbridge Liquidation Trust (Woodbridge Liquidation Trust) Business Description

Traded in Other Exchanges
N/A
Address
201 North Brand Boulevard, Suite M, Glendale, CA, USA, 91203
Woodbridge Liquidation Trust operates as a trust to prosecute various causes of action acquired by the trust, to litigate and resolve claims filed against the debtors, to pay allowed administrative and priority claims against the debtors (including professional fees), to receive cash from certain sources and, to make distributions to interest holders of cash subject to the retention of various reserves and after the payment of trust expenses and administrative and priority claims.
Executives
M. Freddie Reiss other: Supervisory Board Member 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Lynn Myrick other: Supervisory Board Member C/O WOODRIDGE LIQUIDATION TRUST, 14140 VENTURA BOULEVARD, SUITE 302, SHERMAN OAKS CA 91423
Terry R Goebel other: Supervisory Board Member C/O WOODBRIDGE LIQUIDATION TRUST, 14140 VENTURA BOULEVARD, SUITE 302, SHERMAN OAKS CA 91423
Jay Beynon other: Supervisory Board Member C/O WOODBRIDGE LIQUIDATION TRUST, 14140 VENTURA BOULEVARD, SUITE 302, SHERMAN OAKS CA 91423
Raymond C Blackburn other: Supervisory Board Member C/O WOODBRIDGE LIQUIDATION TRUST, 14140 VENTURA BOULEVARD, SUITE 302, SHERMAN OAKS CA 91423
Michael Ira Goldberg other: Liquidation Trustee C/O WOODBRIDGE LIQUIDATION TRUST, 14140 VENTURA BOULEVARD, SUITE 302, SHERMAN OAKS CA 91423
John J O'neill other: Supervisory Board Member C/O WOODBRIDGE LIQUIDATION TRUST, 14140 VENTURA BOULEVARD, SUITE 302, SHERMAN OAKS CA 91423

Woodbridge Liquidation Trust (Woodbridge Liquidation Trust) Headlines

No Headlines