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Coin Citadel (Coin Citadel) Interest Coverage : N/A (As of Jun. 2023)


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What is Coin Citadel 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. Coin Citadel's Operating Income for the six months ended in Jun. 2023 was $-0.00 Mil. Coin Citadel's Interest Expense for the six months ended in Jun. 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.

(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 Coin Citadel's Interest Coverage or its related term are showing as below:


CCTL's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.885
* 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.


Coin Citadel Interest Coverage Historical Data

The historical data trend for Coin Citadel'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.

Coin Citadel Interest Coverage Chart

Coin Citadel Annual Data
Trend
Interest Coverage

Coin Citadel Semi-Annual Data
Jun23
Interest Coverage N/A

Competitive Comparison of Coin Citadel's Interest Coverage

For the Capital Markets subindustry, Coin Citadel'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.


Coin Citadel's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Citadel's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Coin Citadel's Interest Coverage falls into.



Coin Citadel 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.

Coin Citadel's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Coin Citadel'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.

Coin Citadel had no debt (1).

Coin Citadel's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Coin Citadel's Interest Expense was $0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

GuruFocus does not calculate Coin Citadel'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.


Coin Citadel  (OTCPK:CCTL) 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 .


Coin Citadel Interest Coverage Related Terms

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


Coin Citadel (Coin Citadel) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Reno, NV, USA, 89502
Coin Citadel is a Fintech company. The company is engaged in the bitcoin, blockchain, and digital currency industries. Coin Citadel mines Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), and other Secure Hash Algorithm (SHA) 256 based protocol cryptocurrencies. Coin Citadel also owns additional miners from other manufacturers which mine Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH).

Coin Citadel (Coin Citadel) Headlines