GURUFOCUS.COM » STOCK LIST » Technology » Software » iSign Media Solutions Inc (TSXV:ISD.H) » Definitions » Interest Coverage

iSign Media Solutions (TSXV:ISD.H) Interest Coverage : 0 (At Loss) (As of Jan. 2023)


View and export this data going back to 2008. Start your Free Trial

What is iSign Media Solutions 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. iSign Media Solutions's Operating Income for the three months ended in Jan. 2023 was C$-0.11 Mil. iSign Media Solutions's Interest Expense for the three months ended in Jan. 2023 was C$-0.15 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 iSign Media Solutions's Interest Coverage or its related term are showing as below:


TSXV:ISD.H's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.29
* 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.


iSign Media Solutions Interest Coverage Historical Data

The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Interest Coverage Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 - - - - -

Competitive Comparison of iSign Media Solutions's Interest Coverage

For the Software - Application subindustry, iSign Media Solutions'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.


iSign Media Solutions's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, iSign Media Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where iSign Media Solutions's Interest Coverage falls into.



iSign Media Solutions 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.

iSign Media Solutions's Interest Coverage for the fiscal year that ended in Apr. 2022 is calculated as

Here, for the fiscal year that ended in Apr. 2022, iSign Media Solutions's Interest Expense was C$-0.64 Mil. Its Operating Income was C$-1.61 Mil. And its Long-Term Debt & Capital Lease Obligation was C$2.57 Mil.

iSign Media Solutions did not have earnings to cover the interest expense.

iSign Media Solutions's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Here, for the three months ended in Jan. 2023, iSign Media Solutions's Interest Expense was C$-0.15 Mil. Its Operating Income was C$-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was C$2.91 Mil.

iSign Media Solutions 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.


iSign Media Solutions  (TSXV:ISD.H) 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 .


iSign Media Solutions Interest Coverage Related Terms

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


iSign Media Solutions (TSXV:ISD.H) Business Description

Traded in Other Exchanges
N/A
Address
105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a data-focused Software-as-a-Service (SaaS) company. It is engaged in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. It mainly offers two solutions, which includes Smart Antenna which utilizes Bluetooth and Wi-Fi location-aware technology and Interactive Marketing System which uses Bluetooth. Most of its revenue is generated from North America.

iSign Media Solutions (TSXV:ISD.H) Headlines

No Headlines