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WBSR (Webstar Technology Group) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


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What is Webstar Technology 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. Webstar Technology Group's Operating Income for the three months ended in Jun. 2024 was $-0.16 Mil. Webstar Technology Group's Interest Expense for the three months ended in Jun. 2024 was $-0.02 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 Webstar Technology Group's Interest Coverage or its related term are showing as below:


WBSR's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.38
* 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.


Webstar Technology Group Interest Coverage Historical Data

The historical data trend for Webstar Technology 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.

Webstar Technology Group Interest Coverage Chart

Webstar Technology Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Webstar Technology Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Webstar Technology Group's Interest Coverage

For the Software - Application subindustry, Webstar Technology 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.


Webstar Technology Group's Interest Coverage Distribution in the Software Industry

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

* The bar in red indicates where Webstar Technology Group's Interest Coverage falls into.



Webstar Technology 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.

Webstar Technology Group'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, Webstar Technology Group's Interest Expense was $-0.08 Mil. Its Operating Income was $-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Webstar Technology Group did not have earnings to cover the interest expense.

Webstar Technology Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Webstar Technology Group's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Webstar Technology 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.


Webstar Technology Group  (OTCPK:WBSR) 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 .


Webstar Technology Group Interest Coverage Related Terms

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


Webstar Technology Group Business Description

Traded in Other Exchanges
N/A
Address
330 112th Avenue, NE, No. 300, Bellevue, WA, USA, 98004
Webstar Technology Group Inc is engaged in providing software as a service related to purchased, licensed and in-house-created software technology. Its licensed proprietary software technology solutions include Gigabyte Slayer, and Warp-G software solutions which are designed to enable enterprise customers that transmit live video streams, video downloads and large data files to push such data over existing pipelines at higher speeds in less time also by using new proprietary data compression technology.
Executives
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760
Ron G. Landmann director 4231 WALNUT BEND, JACKSONVILLE FL 32257
Harold E. Hutchins officer: Chief Financial Officer 4231 WALNUT BEND, JACKSONVILLE FL 32257
Don Darrell Roberts officer: Chief Executive Officer 4231 WALNUT BEND, JACKSONVILLE FL 32257
Sanford Rush Simon director 4231 WALNUT BEND, JACKSONVILLE FL 32257
James Raymond Owens director, 10 percent owner, officer: Chief Technology Officer 4231 WALNUT BEND, JACKSONVILLE FL 32257
Michael Allan Hendrickson director 12510, 198 DR NE, WOODINVILLE WA 98077