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Treasure Global (Treasure Global) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Treasure 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. Treasure Global's Operating Income for the three months ended in Mar. 2024 was $-1.37 Mil. Treasure Global's Interest Expense for the three months ended in Mar. 2024 was $-0.00 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 Treasure Global's Interest Coverage or its related term are showing as below:


TGL's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


Treasure Global Interest Coverage Historical Data

The historical data trend for Treasure 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.

Treasure Global Interest Coverage Chart

Treasure Global Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Interest Coverage
No Debt - - -

Treasure Global Quarterly Data
Jun20 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 - - - - -

Competitive Comparison of Treasure Global's Interest Coverage

For the Software - Application subindustry, Treasure 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.


Treasure Global's Interest Coverage Distribution in the Software Industry

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

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



Treasure 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.

Treasure Global'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, Treasure Global's Interest Expense was $-1.39 Mil. Its Operating Income was $-10.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.03 Mil.

Treasure Global did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Treasure Global's Interest Expense was $-0.00 Mil. Its Operating Income was $-1.37 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

Treasure Global 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.


Treasure Global  (NAS:TGL) 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 .


Treasure Global Interest Coverage Related Terms

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


Treasure Global (Treasure Global) Business Description

Traded in Other Exchanges
N/A
Address
276 5th Avenue, Suite 704 Number 739, New York, NY, USA, 10001
Treasure Global Inc has created an online-to-offline e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. Its product is an internet application branded ZCITY app, that targets consumers by providing personalized deals based on consumers' purchase history, location and preferences.
Executives
Ai Lab Martech Sdn Bhd 10 percent owner MENARA K1, UNIT 13A-15, LEVEL 13A, MENARA K1, NO. 1 LORONG 3/137C, KUALA LUMPUR N8 58200
Meng Chun Chan officer: CHIEF FINANCIAL OFFICER 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Chong Chan Teo director, officer: Chief Executive Officer 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Yi Hui Ho director 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Voon Him Hoo director 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Su Chen Chuah officer: Chief Operating Officer NO. 45-2, JALAN USJ 21/10, SUBANG JALA, SELANGOR DARUL EHSAN N8 47640
Jeremy Roberts director 276 5TH AVENUE, SUITE 704 #7439, NEW YORK NY 10001
Su Huay Chuah officer: Chief Marketing Officer 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Kok Pin Tan officer: Former Chief Executive Officer 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Chen Hoe Sam officer: Chief Technology Officer 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Jau Long Ooi officer: Vice President 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Yee Fei Chan officer: Chief Financial Officer 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Marco Baccanello director 276 5TH AVENUE, SUITE 704 #739, NEW YORK NY 10001
Tophill Holding Sdn. Bhd. 10 percent owner NO 32A-2, JALAN TEKNOLOGI 3/6C TAMAN, SAINS 1 SEKSYEN 3 KOTA DAMANSARA, PETALING JAYA, SELANGOR N8 47810

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