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Drug Free Solution (Drug Free Solution) Interest Coverage : No Debt (1) (As of Feb. 2014)


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What is Drug Free Solution 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. Drug Free Solution's Operating Income for the three months ended in Feb. 2014 was $-0.12 Mil. Drug Free Solution's Interest Expense for the three months ended in Feb. 2014 was $0.00 Mil. Drug Free Solution 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 Drug Free Solution's Interest Coverage or its related term are showing as below:


DSOL's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.035
* 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.


Drug Free Solution Interest Coverage Historical Data

The historical data trend for Drug Free Solution'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.

Drug Free Solution Interest Coverage Chart

Drug Free Solution Annual Data
Trend May12 May13
Interest Coverage
No Debt No Debt

Drug Free Solution Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Drug Free Solution's Interest Coverage

For the Health Information Services subindustry, Drug Free Solution'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.


Drug Free Solution's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Drug Free Solution's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Drug Free Solution's Interest Coverage falls into.



Drug Free Solution 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.

Drug Free Solution's Interest Coverage for the fiscal year that ended in May. 2013 is calculated as

Here, for the fiscal year that ended in May. 2013, Drug Free Solution's Interest Expense was $0.00 Mil. Its Operating Income was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Drug Free Solution had no debt (1).

Drug Free Solution's Interest Coverage for the quarter that ended in Feb. 2014 is calculated as

Here, for the three months ended in Feb. 2014, Drug Free Solution's Interest Expense was $0.00 Mil. Its Operating Income was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Drug Free Solution 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.


Drug Free Solution  (OTCPK:DSOL) 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 .


Drug Free Solution Interest Coverage Related Terms

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


Drug Free Solution (Drug Free Solution) Business Description

Traded in Other Exchanges
N/A
Address
47 West Division Street, No. 113, Chicago, IL, USA, 60610
Drug Free Solution Inc is a United States based proprietary services, education, and holding company of the Living Breath Series and Protocols. It is engaged in delivering proprietary emotional wellness technology such as Living Breath Process. The company's signature product, the Daily Feelz, is a three-step process that combines self-analysis, breath, and proprietary language sequences. The Get Your Feelz On offers consumers, through a proprietary digital platform. These products primarily serve the Mental Health and Emotional Wellness markets along with their sub-markets which include Fitness and Mind-Body; Preventative and Personalized Medicine and Public Health; as well as Workplace Wellness.

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