Ultrapay Limited (ASX:ULT) Interest Coverage : 0 (At Loss) (As of Dec. 2006)

Ultrapay Limited Interest Coverage Chart

Ultrapay Limited Annual Data
	Trend	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06
Interest Coverage		Get a 7-Day Free Trial					-	-	74.50	-	-

Ultrapay Limited Semi-Annual Data
	Dec96	Jun97	Dec98	Jun99	Dec99	Jun00	Dec00	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06
Interest Coverage	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of Ultrapay Limited's Interest Coverage

For the Consumer Electronics subindustry, Ultrapay Limited'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.

Ultrapay Limited's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ultrapay Limited's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ultrapay Limited's Interest Coverage falls into.

Ultrapay Limited 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ultrapay Limited's Interest Coverage for the fiscal year that ended in Jun. 2006 is calculated as

Here, for the fiscal year that ended in Jun. 2006, Ultrapay Limited's Interest Expense was A$-0.19 Mil. Its Operating Income was A$-16.02 Mil. And its Long-Term Debt & Capital Lease Obligation was A$2.20 Mil.

Ultrapay Limited's Interest Coverage for the quarter that ended in Dec. 2006 is calculated as

Here, for the six months ended in Dec. 2006, Ultrapay Limited's Interest Expense was A$-0.12 Mil. Its Operating Income was A$-5.04 Mil. And its Long-Term Debt & Capital Lease Obligation was A$2.03 Mil.

* 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.

Ultrapay Limited  (ASX:ULT) 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 .

Ultrapay Limited Interest Coverage Related Terms

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Ultrapay Limited (ASX:ULT) Business Description