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RHLD (Resolute Holdings Management) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Resolute Holdings Management 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. Resolute Holdings Management's Operating Income for the six months ended in Dec. 2024 was $0.00 Mil. Resolute Holdings Management's Interest Expense for the six months ended in Dec. 2024 was $0.00 Mil. Resolute Holdings Management has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Resolute Holdings Management's Interest Coverage or its related term are showing as below:


RHLD's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 14.46
* 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.


Resolute Holdings Management Interest Coverage Historical Data

The historical data trend for Resolute Holdings Management'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.

Resolute Holdings Management Interest Coverage Chart

Resolute Holdings Management Annual Data
Trend Dec24
Interest Coverage
No Debt

Resolute Holdings Management Semi-Annual Data
Dec24
Interest Coverage No Debt

Competitive Comparison of Resolute Holdings Management's Interest Coverage

For the Specialty Business Services subindustry, Resolute Holdings Management'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.


Resolute Holdings Management's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Resolute Holdings Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Resolute Holdings Management's Interest Coverage falls into.


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Resolute Holdings Management 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.

Resolute Holdings Management's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Resolute Holdings Management's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Resolute Holdings Management had no debt (1).

Resolute Holdings Management's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Resolute Holdings Management's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Resolute Holdings Management had no debt (1).

* 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.


Resolute Holdings Management  (NAS:RHLD) 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 .


Resolute Holdings Management Interest Coverage Related Terms

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Resolute Holdings Management Business Description

Traded in Other Exchanges
N/A
Address
445 Park Avenue, Suite 15F, New York, NY, USA, 10022
Resolute Holdings Management Inc is provide operating management services. The company has two operating segments and two reportable segments: Payment Card and Arculus. Payment Card generates its revenue through the production and sale of metal payment cards while Arculus generates its revenue through the production and sale of metal payment or nonpayment cards containing Arculus technology for authentication and/or digital asset cold storage and related services. The company generates maximum revenue Domestically.

Resolute Holdings Management Headlines