GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ShaPE Capital AG (LTS:0QLG) » Definitions » Interest Coverage

ShaPE Capital AG (LTS:0QLG) Interest Coverage : 0 (At Loss) (As of Dec. 2014)


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

What is ShaPE Capital AG 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. ShaPE Capital AG's Operating Income for the six months ended in Dec. 2014 was CHF-6.92 Mil. ShaPE Capital AG's Interest Expense for the six months ended in Dec. 2014 was CHF-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

ShaPE Capital AG has no debt.

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

LTS:0QLG' s Interest Coverage Range Over the Past 10 Years
Min: 9999.99   Med: No Debt   Max: No Debt
Current: No Debt


LTS:0QLG's Interest Coverage is not ranked
in the Asset Management industry.
Industry Median: 39.57 vs LTS:0QLG: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


ShaPE Capital AG Interest Coverage Historical Data

The historical data trend for ShaPE Capital AG'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.

ShaPE Capital AG Interest Coverage Chart

ShaPE Capital AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only - 19.39 55.57 22.10 -

ShaPE Capital AG Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.04 - 43.97 93.29 -

Competitive Comparison of ShaPE Capital AG's Interest Coverage

For the Asset Management subindustry, ShaPE Capital AG'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.


ShaPE Capital AG's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ShaPE Capital AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ShaPE Capital AG's Interest Coverage falls into.



ShaPE Capital AG 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.

ShaPE Capital AG's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, ShaPE Capital AG's Interest Expense was CHF-0.05 Mil. Its Operating Income was CHF-3.75 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.00 Mil.

ShaPE Capital AG did not have earnings to cover the interest expense.

ShaPE Capital AG's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Here, for the six months ended in Dec. 2014, ShaPE Capital AG's Interest Expense was CHF-0.02 Mil. Its Operating Income was CHF-6.92 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.00 Mil.

ShaPE Capital AG did not have earnings to cover the interest expense.

* 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.


ShaPE Capital AG  (LTS:0QLG) 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 .


ShaPE Capital AG Interest Coverage Related Terms

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


ShaPE Capital AG (LTS:0QLG) Business Description

Traded in Other Exchanges
N/A
Address
ShaPE Capital AG is an investment company which provides access to a diversified portfolio of private equity investments. The investment activities of the Company are conducted by the wholly-owned subsidiary shaPE Capital (Cayman) Ltd.

ShaPE Capital AG (LTS:0QLG) Headlines

No Headlines