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AST SpaceMobile (AST SpaceMobile) Interest Coverage : N/A (As of Dec. 2023)


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What is AST SpaceMobile 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. AST SpaceMobile's Operating Income for the three months ended in Dec. 2023 was $-60.88 Mil. AST SpaceMobile's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


ASTS's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.52
* 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.


AST SpaceMobile Interest Coverage Historical Data

The historical data trend for AST SpaceMobile'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.

AST SpaceMobile Interest Coverage Chart

AST SpaceMobile Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
N/A N/A N/A N/A

AST SpaceMobile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of AST SpaceMobile's Interest Coverage

For the Communication Equipment subindustry, AST SpaceMobile'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.


AST SpaceMobile's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AST SpaceMobile's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AST SpaceMobile's Interest Coverage falls into.



AST SpaceMobile 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.

AST SpaceMobile'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, AST SpaceMobile's Interest Expense was $0.00 Mil. Its Operating Income was $-222.37 Mil. And its Long-Term Debt & Capital Lease Obligation was $71.15 Mil.

GuruFocus does not calculate AST SpaceMobile's interest coverage with the available data.

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

Here, for the three months ended in Dec. 2023, AST SpaceMobile's Interest Expense was $0.00 Mil. Its Operating Income was $-60.88 Mil. And its Long-Term Debt & Capital Lease Obligation was $71.15 Mil.

GuruFocus does not calculate AST SpaceMobile's interest coverage with the available data.

* 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.


AST SpaceMobile  (NAS:ASTS) 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 .


AST SpaceMobile Interest Coverage Related Terms

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


AST SpaceMobile (AST SpaceMobile) Business Description

Traded in Other Exchanges
Address
2901 Enterprise Lane, Midland Intl. Air & Space Port, Midland, TX, USA, 79706
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected.
Executives
Adriana Cisneros director 700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Sean R. Wallace officer: Chief Financial Officer C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Shanti B. Gupta officer: Chief Accounting Officer AST SCIENCE MIDLAND INTL AIR&SPACE PORT, 2901 ENTERPRISE LANE, MIDLAND TX 79706
Atc Trs Ii Llc other: Member of 10% owner group 116 HUNTINGTON AVENUE, BOSTON MA 02116
American Tower Corp /ma/ other: Member of 10% owner group 116 HUNTINGTON AVE, BOSTON MA 02116
Invesat Llc 10 percent owner 700 NW 1ST AVENUE, SUITE 1700, MIAMI FL 33136
Richard Sarnoff director C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Vodafone Ventures Ltd 10 percent owner VODAFONE HOUSE, THE CONNECTION, NEWBURY X0 RG14 2FN
Brian Heller officer: EVP, GC & Secretary C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Tareq Amin director C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Luke Ibbetson director C/O AST SPACEMOBILE 2901 ENTERPRISE LANE, MIDLAND INTL. AIR & SPACE PORT, MIDLAND TX 79706
Ronald L Rubin director 601 CLEARWATER PARK RD, WEST PALM BEACH FL 33401
Gustavo A Cisneros 10 percent owner FINSER CORP, 550 BILTMORE WAY, CORAL GABLES FL 33134
Vodafone Group Public Ltd Co 10 percent owner VODAFONE HOUSE, THE CONNECTION, NEWBURY, BERKSHIRE X0 RG14 2FN
Hiroshi Mikitani director C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107