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T Stamp (T Stamp) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is T Stamp 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. T Stamp's Operating Income for the three months ended in Mar. 2024 was $-2.85 Mil. T Stamp's Interest Expense for the three months ended in Mar. 2024 was $-0.02 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 T Stamp's Interest Coverage or its related term are showing as below:


IDAI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


T Stamp Interest Coverage Historical Data

The historical data trend for T Stamp'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.

T Stamp Interest Coverage Chart

T Stamp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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T Stamp Quarterly Data
Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of T Stamp's Interest Coverage

For the Software - Application subindustry, T Stamp'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.


T Stamp's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, T Stamp's Interest Coverage distribution charts can be found below:

* The bar in red indicates where T Stamp's Interest Coverage falls into.



T Stamp 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.

T Stamp'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, T Stamp's Interest Expense was $-0.07 Mil. Its Operating Income was $-7.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.01 Mil.

T Stamp did not have earnings to cover the interest expense.

T Stamp's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, T Stamp's Interest Expense was $-0.02 Mil. Its Operating Income was $-2.85 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.03 Mil.

T Stamp 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.


T Stamp  (NAS:IDAI) 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 .


T Stamp Interest Coverage Related Terms

Thank you for viewing the detailed overview of T Stamp's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


T Stamp (T Stamp) Business Description

Traded in Other Exchanges
N/A
Address
3017 Bolling Way NE, Floors 1 and 2, Atlanta, GA, USA, 30305
T Stamp Inc develops and markets identity authentication software solutions for enterprise partners and peer-to-peer markets. The company is engaged in developing proprietary artificial intelligence-powered solutions; researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks.
Executives
Charles Edward Potts director 1024 LOS ANGELES AVE NE, ATLANTA GA 30306
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Andrew Carl Gowasack director, officer: President 4733, WOODLAND BROOK CT SE, ATLANTA GA 30339
Alexander Valdes officer: Chief Financial Officer 8402 ADALINA PL, ORLANDO FL 32827
Kristin Stafford director 325 MAYES FARM TRAIL, NE, MARIETTA GA 30064
William Mcclintock director 11, BEISLLEY PLACE MORTIMER DRIVE, ROMSEY, HAMPSHIRE X0 SO51 0EN
Tracy Ming officer: Financial Controller 5444 STONE COVE DRIVE SW, ATLANTA GA 30331
Joshua Allen director, officer: Executive Vice President 134A, TOWER ROAD APT 2, SLIEMA O1 SLM 1551
David Story director APOLLO HOUSE, PORTSMOUTH ROAD, HINDHEAD X0 GU26 6FQ
Gareth Neville Genner director, officer: Chief Executive Officer E5-901 FORT CAMBRIDGE, TIGNE STREET, SLIEMA O1 SLM3060
Reach Ventures 2017 Lp 10 percent owner 430 NORTH MICHIGAN AVENUE, 9TH FLOOR, CHICAGO IL 60611
Berta Pappenheim director 117 SANTA LUCIJA STREET, NAXXAR O1 NXR1503
Mark Birschbach director 430 NORTH MICHIGAN AVE NINTH FLOOR, CHICAGO IL 60611
Second Century Ventures, Llc 10 percent owner 430 N. MICHIGAN AVE., CHICAGO IL 60611

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