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Prism Technologies Group (Prism Technologies Group) Interest Coverage : 0 (At Loss) (As of Sep. 2017)


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What is Prism Technologies Group 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. Prism Technologies Group's Operating Income for the three months ended in Sep. 2017 was $-0.28 Mil. Prism Technologies Group's Interest Expense for the three months ended in Sep. 2017 was $-0.10 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 Prism Technologies Group's Interest Coverage or its related term are showing as below:


PRZM's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.88
* 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.


Prism Technologies Group Interest Coverage Historical Data

The historical data trend for Prism Technologies Group'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.

Prism Technologies Group Interest Coverage Chart

Prism Technologies Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt N/A - -

Prism Technologies Group Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - - 1.57 -

Competitive Comparison of Prism Technologies Group's Interest Coverage

For the Information Technology Services subindustry, Prism Technologies Group'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.


Prism Technologies Group's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Prism Technologies Group's Interest Coverage distribution charts can be found below:

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



Prism Technologies Group 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.

Prism Technologies Group's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Prism Technologies Group's Interest Expense was $-0.69 Mil. Its Operating Income was $-12.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Prism Technologies Group did not have earnings to cover the interest expense.

Prism Technologies Group's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, Prism Technologies Group's Interest Expense was $-0.10 Mil. Its Operating Income was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Prism Technologies Group 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.


Prism Technologies Group  (OTCPK:PRZM) 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 .


Prism Technologies Group Interest Coverage Related Terms

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


Prism Technologies Group (Prism Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
101 Parkshore Drive, Suite 100, Folsom, CA, USA, 95630
Prism Technologies Group Inc together with its subsidiaries operates as an intellectual property licensing and technology research and development company. It owns a patent portfolio consisting of nine patent families in the computer and network security, semiconductors and medical technology space. Prism continues to develop and patent new technologies and is committed to ongoing research and development efforts in several fields. Its objective is to develop and invent new technologies in the computer and network security, wearable computing, transaction processing and healthcare to speed time to market opportunities for the customers. Geographically all the operation of the firm is functioned through the region of US.
Executives
Dennis Chookaszian director 20 S. WACKER DR., CHICAGO IL 60626
Thomas W Orr director 1440 CHAPIN AVE, STE 310, BURLINGAME CA 94010
Gregory J Duman director, officer: Pres., Prism Technologies, LLC C/O TRANSGENOMIC INC, 12325 EMMET STREET, OMAHA NE 68164
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Diamond, Lp 10 percent owner C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Elisabeth H Demarse director CREDITCARDS.COM, 13809 RESEARCH BOULEVARD, SUITE 906, AUSTIN TX 78750
Miller Lloyd I Iii 10 percent owner
Ronald D Fisher director C/O SOFTBANK HOLDINGS INC, 10 LANGLEY ROAD SUITE 403, NEWTON CENTER MA 02159

Prism Technologies Group (Prism Technologies Group) Headlines

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