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XRApplied Technologies (XRApplied Technologies) Interest Coverage : 0 (At Loss) (As of Apr. 2022)


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What is XRApplied Technologies 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. XRApplied Technologies's Operating Income for the three months ended in Apr. 2022 was $-1.24 Mil. XRApplied Technologies's Interest Expense for the three months ended in Apr. 2022 was $-0.01 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 XRApplied Technologies's Interest Coverage or its related term are showing as below:


XRAPF's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.25
* 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.


XRApplied Technologies Interest Coverage Historical Data

The historical data trend for XRApplied Technologies'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.

XRApplied Technologies Interest Coverage Chart

XRApplied Technologies Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Interest Coverage
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XRApplied Technologies Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 No Debt - N/A - -

Competitive Comparison of XRApplied Technologies's Interest Coverage

For the Software - Application subindustry, XRApplied Technologies'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.


XRApplied Technologies's Interest Coverage Distribution in the Software Industry

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

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



XRApplied Technologies 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.

XRApplied Technologies's Interest Coverage for the fiscal year that ended in Jul. 2021 is calculated as

Here, for the fiscal year that ended in Jul. 2021, XRApplied Technologies's Interest Expense was $-0.00 Mil. Its Operating Income was $-1.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.13 Mil.

XRApplied Technologies did not have earnings to cover the interest expense.

XRApplied Technologies's Interest Coverage for the quarter that ended in Apr. 2022 is calculated as

Here, for the three months ended in Apr. 2022, XRApplied Technologies's Interest Expense was $-0.01 Mil. Its Operating Income was $-1.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.10 Mil.

XRApplied Technologies 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.


XRApplied Technologies  (OTCPK:XRAPF) 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 .


XRApplied Technologies Interest Coverage Related Terms

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XRApplied Technologies (XRApplied Technologies) Business Description

Traded in Other Exchanges
N/A
Address
510 Burrard Street, Suite 908, Vancouver, BC, CAN, V6C 3A8
XRApplied Technologies Inc is a technology solutions provider engaged in bringing cost-efficient AR/VR/MR e-commerce applications to businesses large and small. Its products and services are AR catalog, toy gamification, AR App e-commerce, AR/VR interactive games via its XRA Marketing Platform.

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