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Media 100 (Media 100) Interest Coverage : No Debt (1) (As of Aug. 2003)


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What is Media 100 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. Media 100's Operating Income for the three months ended in Aug. 2003 was $-1.82 Mil. Media 100's Interest Expense for the three months ended in Aug. 2003 was $0.00 Mil. Media 100 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 Media 100's Interest Coverage or its related term are showing as below:


MDEA's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.37
* 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.


Media 100 Interest Coverage Historical Data

The historical data trend for Media 100'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.

Media 100 Interest Coverage Chart

Media 100 Annual Data
Trend Nov93 Nov94 Nov95 Nov96 Nov97 Nov98 Nov99 Nov00 Nov01 Nov02
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Media 100 Quarterly Data
Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03
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 Media 100's Interest Coverage

For the Software - Application subindustry, Media 100'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.


Media 100's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Media 100's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Media 100's Interest Coverage falls into.



Media 100 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.

Media 100's Interest Coverage for the fiscal year that ended in Nov. 2002 is calculated as

Here, for the fiscal year that ended in Nov. 2002, Media 100's Interest Expense was $0.00 Mil. Its Operating Income was $-14.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Media 100 had no debt (1).

Media 100's Interest Coverage for the quarter that ended in Aug. 2003 is calculated as

Here, for the three months ended in Aug. 2003, Media 100's Interest Expense was $0.00 Mil. Its Operating Income was $-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Media 100 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.


Media 100  (GREY:MDEA) 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 .


Media 100 Interest Coverage Related Terms

Thank you for viewing the detailed overview of Media 100's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Media 100 (Media 100) Business Description

Traded in Other Exchanges
N/A
Address
290 Donald Lynch Boulevard, Marlborough, MA, USA, 01752-4748
Media 100 Inc is engaged in manufacturing video editing software and non-linear editing systems designed for professional cutting and editing.

Media 100 (Media 100) Headlines

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