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Tamino Minerals (Tamino Minerals) Interest Coverage : No Debt (1) (As of Jun. 2006)


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What is Tamino Minerals 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. Tamino Minerals's Operating Income for the three months ended in Jun. 2006 was $-0.51 Mil. Tamino Minerals's Interest Expense for the three months ended in Jun. 2006 was $0.00 Mil. Tamino Minerals 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 Tamino Minerals's Interest Coverage or its related term are showing as below:


TINO's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


Tamino Minerals Interest Coverage Historical Data

The historical data trend for Tamino Minerals'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.

Tamino Minerals Interest Coverage Chart

Tamino Minerals Annual Data
Trend Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A No Debt No Debt No Debt

Tamino Minerals Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 Tamino Minerals's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Tamino Minerals'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.


Tamino Minerals's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tamino Minerals's Interest Coverage distribution charts can be found below:

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



Tamino Minerals 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.

Tamino Minerals's Interest Coverage for the fiscal year that ended in Jun. 2005 is calculated as

Here, for the fiscal year that ended in Jun. 2005, Tamino Minerals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tamino Minerals had no debt (1).

Tamino Minerals's Interest Coverage for the quarter that ended in Jun. 2006 is calculated as

Here, for the three months ended in Jun. 2006, Tamino Minerals's Interest Expense was $0.00 Mil. Its Operating Income was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tamino Minerals 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.


Tamino Minerals  (OTCPK:TINO) 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 .


Tamino Minerals Interest Coverage Related Terms

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


Tamino Minerals (Tamino Minerals) Business Description

Traded in Other Exchanges
N/A
Address
367 Muskoka Road 3N, Toronto, ON, CAN, P1H 1H6
Tamino Minerals Inc is engaged in exploration in Mexico for precious metals including copper, lead and zinc. It has several properties in a highly prospective area for gold in Mexico known as the Las Amalias Mine and it continues to evaluate and develop economic opportunities.
Executives
Lars Fuhrken Batista officer: V.P. of Development CO EGAMES, INC. 2000 CABOT BLVD. WEST, SUITE 110 LANGHORNE PA 19047-1811
Aiken Robert M Jr director