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Cyber Apps World (Cyber Apps World) Interest Coverage : 0 (At Loss) (As of Jan. 2024)


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What is Cyber Apps World 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. Cyber Apps World's Operating Income for the three months ended in Jan. 2024 was $-0.01 Mil. Cyber Apps World's Interest Expense for the three months ended in Jan. 2024 was $-0.00 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 Cyber Apps World's Interest Coverage or its related term are showing as below:

CYAP' s Interest Coverage Range Over the Past 10 Years
Min: 19.67   Med: No Debt   Max: No Debt
Current: 19.67


CYAP's Interest Coverage is ranked worse than
56.1% of 1606 companies
in the Software industry
Industry Median: 28.9 vs CYAP: 19.67

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


Cyber Apps World Interest Coverage Historical Data

The historical data trend for Cyber Apps World'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.

Cyber Apps World Interest Coverage Chart

Cyber Apps World Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A N/A - -

Cyber Apps World Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 N/A N/A N/A N/A -

Competitive Comparison of Cyber Apps World's Interest Coverage

For the Software - Application subindustry, Cyber Apps World'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.


Cyber Apps World's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Cyber Apps World's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cyber Apps World's Interest Coverage falls into.



Cyber Apps World 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.

Cyber Apps World's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Cyber Apps World's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.19 Mil.

Cyber Apps World did not have earnings to cover the interest expense.

Cyber Apps World's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Cyber Apps World's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Cyber Apps World 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.


Cyber Apps World  (OTCPK:CYAP) 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 .


Cyber Apps World Interest Coverage Related Terms

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


Cyber Apps World (Cyber Apps World) Business Description

Traded in Other Exchanges
N/A
Address
9436 W. Lake Mead Boulevard, Suite 5-53, Las Vegas, NV, USA, 89134
Cyber Apps World Inc is a company which has been engaged in the development of mobile applications focusing on allowing users around the world to save money on products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or mobile devices, including smartphones.
Executives
Zenith Energy Ltd 10 percent owner SUITE 2400, 745 THURLOW STREET, VANCOUVER A1 V6E 0C5
Luca Benedetto director, 10 percent owner, officer: President and Treasurer 6, VIA RODARI, LUGANO V8 CH-6900
Ippolito Cattaneo director, officer: Secretary 6, VIA RODARI, LUGANO V8 CH-6900
Dario Sodero director, 10 percent owner BOX 9, SITE 3, R.R. 2,, OKOTOKS A0 T1S 1A2
Ayaz Kassam officer: President 1801 LAKE SHORE WEST UNIT 8, BOX 52813, MISSISSAUGA A6 L5J4S0
Holly Roseberry director, officer: CEO C/O WHISTLER INVESTMENT INC, 5001 E BONANZA DR STE. 144-145, LAS VEGAS NV 89110
Hybrid Technologies Inc. 10 percent owner 4894 LONE MOUNTAIN # 168, LAS VEGAS NV 89130
Chen Jason Wu director, officer: President & CEO
Udaya Madanayake director, officer: CFO & Treasurer 1532 MANNING AVENUE, PORT COQUITLAM A1 V3B 1K5
Tony Castro director, officer: Secretary 1402 SHARPEWOOD PLACE, COQUITLAM A1 V3E 2W6