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Longterm Games (WAR:LTM) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Longterm Games 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. Longterm Games's Operating Income for the three months ended in Mar. 2024 was zł-0.05 Mil. Longterm Games's Interest Expense for the three months ended in Mar. 2024 was zł-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 Longterm Games's Interest Coverage or its related term are showing as below:


WAR:LTM's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 37.625
* 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.


Longterm Games Interest Coverage Historical Data

The historical data trend for Longterm Games'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.

Longterm Games Interest Coverage Chart

Longterm Games Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
No Debt No Debt - -

Longterm Games Quarterly Data
Dec20 Jun21 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 - - No Debt - -

Competitive Comparison of Longterm Games's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Longterm Games'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.


Longterm Games's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Longterm Games's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Longterm Games's Interest Coverage falls into.



Longterm Games 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.

Longterm Games'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, Longterm Games's Interest Expense was zł-0.00 Mil. Its Operating Income was zł-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Longterm Games did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Longterm Games's Interest Expense was zł-0.00 Mil. Its Operating Income was zł-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Longterm Games 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.


Longterm Games  (WAR:LTM) 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 .


Longterm Games Interest Coverage Related Terms

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


Longterm Games (WAR:LTM) Business Description

Traded in Other Exchanges
N/A
Address
ul. Foksal 16/417, Warsaw, POL, 00-372
Longterm Games SA is a publisher and developer of PC and console games, based in Poland. It generates income from the sale of the basic version as well as from add-ons, multiplayer modes (co-op), packages with access to all expansions (the so-called season pass), and subsequent parts (sequels).

Longterm Games (WAR:LTM) Headlines

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