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QKL Stores (QKL Stores) Interest Coverage : 0 (At Loss) (As of Dec. 2015)


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What is QKL Stores 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. QKL Stores's Operating Income for the three months ended in Dec. 2015 was $-18.1 Mil. QKL Stores's Interest Expense for the three months ended in Dec. 2015 was $-1.0 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 QKL Stores's Interest Coverage or its related term are showing as below:


QKLS's Interest Coverage is not ranked *
in the Retail - Defensive industry.
Industry Median: 8.83
* 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.


QKL Stores Interest Coverage Historical Data

The historical data trend for QKL Stores'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.

QKL Stores Interest Coverage Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.21 - - - -

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 - - - - -

Competitive Comparison of QKL Stores's Interest Coverage

For the Grocery Stores subindustry, QKL Stores'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.


QKL Stores's Interest Coverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's Interest Coverage distribution charts can be found below:

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



QKL Stores 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.

QKL Stores's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, QKL Stores's Interest Expense was $-4.7 Mil. Its Operating Income was $-27.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

QKL Stores did not have earnings to cover the interest expense.

QKL Stores's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Here, for the three months ended in Dec. 2015, QKL Stores's Interest Expense was $-1.0 Mil. Its Operating Income was $-18.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

QKL Stores 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.


QKL Stores  (OTCPK:QKLS) 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 .


QKL Stores Interest Coverage Related Terms

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


QKL Stores (QKL Stores) Business Description

Traded in Other Exchanges
N/A
Address
4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.
Executives
Glenn Little 10 percent owner 211 WEST WALL ST, MIDLAND TX 70701
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Tsz-kit Chan officer: Chief Financial Officer C/O QKL STORES INC., 1 NANREYUAN STREET DONGFENG ROAD, SARTU DISTRICT DAQING F4 163311
Bartly J Loethen director, 10 percent owner, officer: Former Office and Director, other: Former 10% Owner 730 W RANDOLPH, 6TH FLOOR, CHICAGO IL 60661
Synergy Business Consulting, Llc 10 percent owner, other: Former 10% Owner 730 W. RANDOLPH, 6TH FLOOR, CHICAGO IL 60661

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