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Leafbuyer Technologies (Leafbuyer Technologies) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Leafbuyer Technologies 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. Leafbuyer Technologies's Operating Income for the three months ended in Dec. 2023 was $-0.20 Mil. Leafbuyer Technologies's Interest Expense for the three months ended in Dec. 2023 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 Leafbuyer Technologies's Interest Coverage or its related term are showing as below:


LBUY's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 36.9
* 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.


Leafbuyer Technologies Interest Coverage Historical Data

The historical data trend for Leafbuyer Technologies'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.

Leafbuyer Technologies Interest Coverage Chart

Leafbuyer Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - - - - -

Leafbuyer Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.09 - - - -

Competitive Comparison of Leafbuyer Technologies's Interest Coverage

For the Internet Content & Information subindustry, Leafbuyer Technologies'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.


Leafbuyer Technologies's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Leafbuyer Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Leafbuyer Technologies's Interest Coverage falls into.



Leafbuyer Technologies 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.

Leafbuyer Technologies'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, Leafbuyer Technologies's Interest Expense was $-0.17 Mil. Its Operating Income was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.49 Mil.

Leafbuyer Technologies did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, Leafbuyer Technologies's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.46 Mil.

Leafbuyer Technologies 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.


Leafbuyer Technologies  (OTCPK:LBUY) 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 .


Leafbuyer Technologies Interest Coverage Related Terms

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


Leafbuyer Technologies (Leafbuyer Technologies) Business Description

Traded in Other Exchanges
N/A
Address
6888 South Clinton Street, Suite 301, Greenwood Village, CO, USA, 80112
Leafbuyer Technologies Inc operates an online portal for cannabis deals and specials. The company primarily serves legal cannabis dispensaries and companies who create cannabis-related products. It markets THC, CBD, CBG, Concentrates, and Edibles Products.
Executives
Jeffrey D Rudolph director PO BOX 202319, DENVER CO 80220
Kristin Lea Baca director 16871 E CALEY PL, AURORA CO 80016
Kurt Rossner director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Mark Breen director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Michael Goerner director, 10 percent owner, officer: Chief Operating Officer 6888 S. CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112