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Hayden Hall (Hayden Hall) Interest Coverage : No Debt (1) (As of Sep. 2003)


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What is Hayden Hall 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. Hayden Hall's Operating Income for the three months ended in Sep. 2003 was $-0.61 Mil. Hayden Hall's Interest Expense for the three months ended in Sep. 2003 was $0.00 Mil. Hayden Hall 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 Hayden Hall's Interest Coverage or its related term are showing as below:


HYDN's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.29
* 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.


Hayden Hall Interest Coverage Historical Data

The historical data trend for Hayden Hall'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.

Hayden Hall Interest Coverage Chart

Hayden Hall Annual Data
Trend Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Hayden Hall Quarterly Data
Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Hayden Hall's Interest Coverage

For the Information Technology Services subindustry, Hayden Hall'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.


Hayden Hall's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Hayden Hall's Interest Coverage distribution charts can be found below:

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



Hayden Hall 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.

Hayden Hall's Interest Coverage for the fiscal year that ended in Dec. 2002 is calculated as

Here, for the fiscal year that ended in Dec. 2002, Hayden Hall's Interest Expense was $0.00 Mil. Its Operating Income was $-14.43 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hayden Hall had no debt (1).

Hayden Hall's Interest Coverage for the quarter that ended in Sep. 2003 is calculated as

Here, for the three months ended in Sep. 2003, Hayden Hall's Interest Expense was $0.00 Mil. Its Operating Income was $-0.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hayden Hall 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.


Hayden Hall  (GREY:HYDN) 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 .


Hayden Hall Interest Coverage Related Terms

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


Hayden Hall (Hayden Hall) Business Description

Traded in Other Exchanges
N/A
Address
21300 Victory Boulevard, Suite 1200, Woodland Hills, CA, USA, 91367
Hayden Hall Inc is engaged in designing computer-networking systems and software products. These products form the basis for corporate and other telecommunication networks. The company's product includes internetworking products.

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