Franklin Mining (Franklin Mining) Interest Coverage : 0 (At Loss) (As of Sep. 2002)

Franklin Mining Interest Coverage Chart

Franklin Mining Annual Data
	Trend	Dec92	Dec93	Dec94	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01
Interest Coverage		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	-	-

Franklin Mining Quarterly Data
	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Franklin Mining's Interest Coverage

For the Other Precious Metals & Mining subindustry, Franklin Mining'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.

Franklin Mining's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franklin Mining's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Franklin Mining's Interest Coverage falls into.

Franklin Mining 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.

Franklin Mining's Interest Coverage for the fiscal year that ended in Dec. 2001 is calculated as

Here, for the fiscal year that ended in Dec. 2001, Franklin Mining's Interest Expense was $-0.06 Mil. Its Operating Income was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Franklin Mining's Interest Coverage for the quarter that ended in Sep. 2002 is calculated as

Here, for the three months ended in Sep. 2002, Franklin Mining's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 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.

Franklin Mining  (OTCPK:FMNJ) 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 .

Franklin Mining Interest Coverage Related Terms

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Franklin Mining (Franklin Mining) Business Description