HPIL Holding (HPIL Holding) Interest Coverage : 0 (At Loss) (As of Sep. 2017)

View and export this data going back to 2006. Start your Free Trial

What is HPIL Holding 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. HPIL Holding's Operating Income for the three months ended in Sep. 2017 was $-0.12 Mil. HPIL Holding's Interest Expense for the three months ended in Sep. 2017 was $-0.04 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

HPIL's Interest Coverage is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.

HPIL Holding Interest Coverage Historical Data

The historical data trend for HPIL Holding'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.

HPIL Holding Interest Coverage Chart

HPIL Holding Annual Data

Trend

Sep07

Sep08

Sep09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Interest Coverage

Get a 7-Day Free Trial

No Debt

HPIL Holding Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Interest Coverage	Get a 7-Day Free Trial															No Debt	-	No Debt	No Debt	-

Competitive Comparison of HPIL Holding's Interest Coverage

For the Shell Companies subindustry, HPIL Holding'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.

HPIL Holding's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HPIL Holding's Interest Coverage distribution charts can be found below:

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

HPIL Holding 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.

HPIL Holding's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, HPIL Holding's Interest Expense was $-0.11 Mil. Its Operating Income was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

HPIL Holding did not have earnings to cover the interest expense.

HPIL Holding's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, HPIL Holding's Interest Expense was $-0.04 Mil. Its Operating Income was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

HPIL Holding did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

HPIL Holding (OTCPK:HPIL) 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 .

HPIL Holding Interest Coverage Related Terms

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