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Bigtincan Holdings (ASX:BTH) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Bigtincan 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. Bigtincan Holdings's Operating Income for the six months ended in Dec. 2023 was A$-8.2 Mil. Bigtincan Holdings's Interest Expense for the six months ended in Dec. 2023 was A$-3.5 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 Bigtincan Holdings's Interest Coverage or its related term are showing as below:


ASX:BTH's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.36
* 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.


Bigtincan Holdings Interest Coverage Historical Data

The historical data trend for Bigtincan 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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Bigtincan Holdings Interest Coverage Chart

Bigtincan Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
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Bigtincan Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 N/A - N/A - -

Competitive Comparison of Bigtincan Holdings's Interest Coverage

For the Software - Application subindustry, Bigtincan 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.


Bigtincan Holdings's Interest Coverage Distribution in the Software Industry

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

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



Bigtincan 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.

Bigtincan Holdings'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, Bigtincan Holdings's Interest Expense was A$-5.3 Mil. Its Operating Income was A$-51.7 Mil. And its Long-Term Debt & Capital Lease Obligation was A$2.5 Mil.

Bigtincan Holdings did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Bigtincan Holdings's Interest Expense was A$-3.5 Mil. Its Operating Income was A$-8.2 Mil. And its Long-Term Debt & Capital Lease Obligation was A$1.7 Mil.

Bigtincan 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.


Bigtincan Holdings  (ASX:BTH) 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 .


Bigtincan Holdings Interest Coverage Related Terms

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


Bigtincan Holdings (ASX:BTH) Business Description

Traded in Other Exchanges
Address
320 Pitt Street, Level 8, Sydney, NSW, AUS, 2000
Bigtincan Holdings Ltd is a provider of enterprise mobility software, which enables sales and service organisations to increase sales and improve customer satisfaction through improved mobile worker productivity. It serves life sciences; financial services; retail; technology; manufacturing; telecommunications; government and energy industries. The company platforms include Bigtincan Hub; Bigtincan Zunos; Bigtincan Life Sciences; and others. It generates maximum revenue from the Subscription and support services. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Australia and the rest of the world.

Bigtincan Holdings (ASX:BTH) Headlines

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