GURUFOCUS.COM » STOCK LIST » Technology » Software » Payoneer Global Inc (NAS:PAYO) » Definitions » Interest Coverage

Payoneer Global (Payoneer Global) Interest Coverage : N/A (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Payoneer Global 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. Payoneer Global's Operating Income for the three months ended in Mar. 2024 was $38.4 Mil. Payoneer Global's Interest Expense for the three months ended in Mar. 2024 was $0.0 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. Payoneer Global Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Payoneer Global's Interest Coverage or its related term are showing as below:


PAYO's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.9
* 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.


Payoneer Global Interest Coverage Historical Data

The historical data trend for Payoneer Global'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.

Payoneer Global Interest Coverage Chart

Payoneer Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial N/A N/A - - N/A

Payoneer Global Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 N/A N/A N/A N/A N/A

Competitive Comparison of Payoneer Global's Interest Coverage

For the Software - Infrastructure subindustry, Payoneer Global'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.


Payoneer Global's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Payoneer Global's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Payoneer Global's Interest Coverage falls into.



Payoneer Global 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.

Payoneer Global'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, Payoneer Global's Interest Expense was $0.0 Mil. Its Operating Income was $103.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $36.2 Mil.

GuruFocus does not calculate Payoneer Global's interest coverage with the available data.

Payoneer Global's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Payoneer Global's Interest Expense was $0.0 Mil. Its Operating Income was $38.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $31.0 Mil.

GuruFocus does not calculate Payoneer Global'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.

The higher the ratio, the stronger the company's Financial Strength is.


Payoneer Global  (NAS:PAYO) 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 .


Payoneer Global Interest Coverage Related Terms

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


Payoneer Global (Payoneer Global) Business Description

Traded in Other Exchanges
N/A
Address
150 W 30th Street, New York, NY, USA, 10001
Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started as a cross-border payments platform that empowers businesses, online sellers, and freelancers. The platform allows users to get paid in multiple currencies, bill global clients, and sell on marketplaces worldwide.
Executives
Arnon Kraft officer: Chief Operating Officer 150 W 30TH ST., NEW YORK NY 10001
Scott H. Galit director, officer: Chief Executive Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Tsafi Goldman officer: CL&RO C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Avi Zeevi director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Susanna Morgan director 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Itai Perry officer: SVP Finance C/O CROWDSTRIKE HOLDINGS, INC., 206 E. 9TH STREET, AUSTIN TX 78701
Caro Del Castillo Sharda director C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Beatrice Ordonez officer: Chief Financial Officer TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Michael G Levine officer: Chief Financial Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert Kl Clarkson officer: Chief Revenue Officer 150 W 30TH ST., NEW YORK NY 10001
Assaf Ronen officer: Chief Platform Officer 234 1ST ST, SAN FRANCISCO CA 94105
John C. Morris director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999
John Caplan director, officer: Co-Chief Executive Officer C/O PAYONEER GLOBAL INC. 150 W. 30TH ST, NEW YORK NY 10001
Gilad Gruber officer: Chief Technology Officer 150 W. 30TH STREET, NEW YORK NY 10001
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803