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. Lendway's
Operating Income
for the
three
months ended in Dec. 2023 was $-0.54 Mil. Lendway's Interest Expense for the
three
months ended in Dec. 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.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Lendway Inc has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Lendway's Interest Coverage or its related term are showing as below:
LDWY's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.545 * Ranked among companies with meaningful Interest Coverage only.
The historical data trend for Lendway'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.
Competitive Comparison of Lendway's Interest Coverage
For the Advertising Agencies subindustry, Lendway'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.
Lendway's Interest Coverage Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Lendway's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Lendway's Interest Coverage falls into.
Lendway 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:
GuruFocus does not calculate Lendway'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.
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 .
Lendway Interest Coverage Related Terms
Thank you for viewing the detailed overview of Lendway's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Lendway Inc Formerly Insignia Systems Inc offers in-store and digital advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies and brokerages. It offers custom design, printing, and store signage programs directly to retailers that seek effective ways to communicate with their shoppers in the store. The company's products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, Laser printable cardstock and Label supplies. The company shelf-edge advertising and promotion tactic. The program allows manufacturers to deliver product information to consumers at the point-of-purchase. The company also provides marketing solutions to brands spanning from some of the largest multinationals to new and emerging brands.
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