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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Interest Coverage : 0 (At Loss) (As of Apr. 2022)


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What is Wellbeing Digital Sciences 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. Wellbeing Digital Sciences's Operating Income for the three months ended in Apr. 2022 was $-4.54 Mil. Wellbeing Digital Sciences's Interest Expense for the three months ended in Apr. 2022 was $-0.03 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 Wellbeing Digital Sciences's Interest Coverage or its related term are showing as below:


KONEF's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.035
* 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.


Wellbeing Digital Sciences Interest Coverage Historical Data

The historical data trend for Wellbeing Digital Sciences'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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Wellbeing Digital Sciences Interest Coverage Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Interest Coverage
No Debt No Debt No Debt - -

Wellbeing Digital Sciences Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 - - - - -

Competitive Comparison of Wellbeing Digital Sciences's Interest Coverage

For the Medical Care Facilities subindustry, Wellbeing Digital Sciences'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.


Wellbeing Digital Sciences's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wellbeing Digital Sciences's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wellbeing Digital Sciences's Interest Coverage falls into.



Wellbeing Digital Sciences 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.

Wellbeing Digital Sciences's Interest Coverage for the fiscal year that ended in Jul. 2021 is calculated as

Here, for the fiscal year that ended in Jul. 2021, Wellbeing Digital Sciences's Interest Expense was $-0.02 Mil. Its Operating Income was $-6.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Wellbeing Digital Sciences did not have earnings to cover the interest expense.

Wellbeing Digital Sciences's Interest Coverage for the quarter that ended in Apr. 2022 is calculated as

Here, for the three months ended in Apr. 2022, Wellbeing Digital Sciences's Interest Expense was $-0.03 Mil. Its Operating Income was $-4.54 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.21 Mil.

Wellbeing Digital Sciences 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.


Wellbeing Digital Sciences  (OTCPK:KONEF) 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 .


Wellbeing Digital Sciences Interest Coverage Related Terms

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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Business Description

Traded in Other Exchanges
N/A
Address
275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1
Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.

Wellbeing Digital Sciences (Wellbeing Digital Sciences) Headlines

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