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Paybox (Paybox) Interest Coverage : No Debt (1) (As of Dec. 2016)


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What is Paybox 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. Paybox's Operating Income for the three months ended in Dec. 2016 was $-0.44 Mil. Paybox's Interest Expense for the three months ended in Dec. 2016 was $0.00 Mil. Paybox 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 Paybox's Interest Coverage or its related term are showing as below:


PBOX's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.27
* 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.


Paybox Interest Coverage Historical Data

The historical data trend for Paybox'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.

Paybox Interest Coverage Chart

Paybox Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.64 N/A N/A No Debt No Debt

Paybox Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Paybox's Interest Coverage

For the Software - Application subindustry, Paybox'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.


Paybox's Interest Coverage Distribution in the Software Industry

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

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



Paybox 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.

Paybox'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, Paybox's Interest Expense was $0.00 Mil. Its Operating Income was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Paybox had no debt (1).

Paybox's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Here, for the three months ended in Dec. 2016, Paybox's Interest Expense was $0.00 Mil. Its Operating Income was $-0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Paybox 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.


Paybox  (OTCPK:PBOX) 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 .


Paybox Interest Coverage Related Terms

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


Paybox (Paybox) Business Description

Traded in Other Exchanges
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Address
Paybox Corp operates as a software as a service provider (SaaS) company. It provides a unified working capital management platform for Order-to-Cash and Procure-to-Pay processes. The company offers PAYBOX, an Order-to-Cash process, which streamlines the receivables processes by combining invoice presentment, online adjustments, and approvals, electronic payments, enterprise resource planning, or lockbox system to corporate users primarily through banks. In addition, it also provides Procure-to-Pay, an e-invoice management solution for accounts payable, which renders various services, including supplier self-service portal, supplier electronic invoice submission, invoice matching and workflow exception handling, invoice approval and payment, and vendor boarding and supplier services.
Executives
James A Cannavino director
Lowell Rush officer: CFO, Secretary & Treasurer C/O DIRECT INSITE CORP., 500 EAST BROWARD BOULEVARD, SUITE 1550, FORT LAUDERDALE FL 33394
Craig W Thomas director 2100 CRESCENT AVENUE, CHARLOTTE NC 28207
Arnold P Leap officer: EVP & Chief Tech. Officer ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
M Bernard Puckett other: Former Director 1499 POST ROAD FAIRFIELD CT 06824
Michael Beecher officer: Chief Financial Officer C/O DIRECT INSITE CORP, 80 ORVILLE DRIVE, BOHEMIA NY 11716
Mechem Charles S Jr director 2803 TETON PINE DR, WILSON WY 83014
Sigma Capital Partners, Llc 10 percent owner 800 THIRD AVENUE, NEW YORK NY 10022
Sigma Capital Advisors, Llc 10 percent owner 800 THIRD AVENUE, NEW YORK NY 10022
Thom Waye 10 percent owner C/O SIGMA CAPITAL ADVISORS, LLC, 800 THIRD AVENUE, NEW YORK NY 10022
Sigma Opportunity Fund Llc 10 percent owner 800 THIRD AVENUE SUITE 1701 NEW YORK NY 10022

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