CanAm Coal (FRA:RHE) Interest Coverage : 0 (At Loss) (As of Sep. 2014)

CanAm Coal Interest Coverage Chart

CanAm Coal Annual Data
	Trend	Jan04	Jan05	Jan06	Jan07	Jan08	Jan09	Jan10	Jan11	Dec12	Dec13
Interest Coverage		Get a 7-Day Free Trial					-	No Debt	-	-	-

CanAm Coal Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of CanAm Coal's Interest Coverage

For the Thermal Coal subindustry, CanAm Coal'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.

CanAm Coal's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CanAm Coal's Interest Coverage falls into.

CanAm Coal 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.

CanAm Coal's Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, CanAm Coal's Interest Expense was €-2.22 Mil. Its Operating Income was €-1.95 Mil. And its Long-Term Debt & Capital Lease Obligation was €16.06 Mil.

CanAm Coal's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Here, for the three months ended in Sep. 2014, CanAm Coal's Interest Expense was €-0.54 Mil. Its Operating Income was €-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation was €21.96 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.

CanAm Coal  (FRA:RHE) 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 .

CanAm Coal Interest Coverage Related Terms

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CanAm Coal (FRA:RHE) Business Description