GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Holobeam Inc (OTCPK:HOOB) » Definitions » Interest Coverage

Holobeam (Holobeam) Interest Coverage : N/A (As of Dec. 2006)


View and export this data going back to . Start your Free Trial

What is Holobeam 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. Holobeam's Operating Income for the three months ended in Dec. 2006 was $0.24 Mil. Holobeam's Interest Expense for the three months ended in Dec. 2006 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


HOOB's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.05
* 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.


Holobeam Interest Coverage Historical Data

The historical data trend for Holobeam'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.

Holobeam Interest Coverage Chart

Holobeam Annual Data
Trend Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Holobeam Quarterly Data
Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Holobeam's Interest Coverage

For the Real Estate - Diversified subindustry, Holobeam'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.


Holobeam's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Holobeam's Interest Coverage distribution charts can be found below:

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



Holobeam 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.

Holobeam's Interest Coverage for the fiscal year that ended in Sep. 2006 is calculated as

Here, for the fiscal year that ended in Sep. 2006, Holobeam's Interest Expense was $0.00 Mil. Its Operating Income was $0.92 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.44 Mil.

GuruFocus does not calculate Holobeam's interest coverage with the available data.

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

Here, for the three months ended in Dec. 2006, Holobeam's Interest Expense was $0.00 Mil. Its Operating Income was $0.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.29 Mil.

GuruFocus does not calculate Holobeam's interest coverage with the available data.

* 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.


Holobeam  (OTCPK:HOOB) 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 .


Holobeam Interest Coverage Related Terms

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


Holobeam (Holobeam) Business Description

Traded in Other Exchanges
N/A
Address
217 First Street, P.O. Box 287, Ho-Ho-Kus, NJ, USA, 07423-0287
Website
Holobeam Inc is a United States based company engaged in the rental and development of real estate properties in New Jersey.

Holobeam (Holobeam) Headlines

No Headlines