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Cbf China Bio-Fertilizer AG (XTER:A9G) Interest Coverage : No Debt (1) (As of Jun. 2012)


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What is Cbf China Bio-Fertilizer 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. Cbf China Bio-Fertilizer AG's Operating Income for the six months ended in Jun. 2012 was €2.29 Mil. Cbf China Bio-Fertilizer AG's Interest Expense for the six months ended in Jun. 2012 was €0.00 Mil. Cbf China Bio-Fertilizer AG 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 Cbf China Bio-Fertilizer AG's Interest Coverage or its related term are showing as below:

XTER:A9G' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


XTER:A9G's Interest Coverage is not ranked
in the industry.
Industry Median: vs XTER:A9G: 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.


Cbf China Bio-Fertilizer AG Interest Coverage Historical Data

The historical data trend for Cbf China Bio-Fertilizer 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.

Cbf China Bio-Fertilizer AG Interest Coverage Chart

Cbf China Bio-Fertilizer AG Annual Data
Trend Dec09 Dec10 Dec11
Interest Coverage
No Debt No Debt No Debt

Cbf China Bio-Fertilizer AG Semi-Annual Data
Jun12
Interest Coverage No Debt

Competitive Comparison of Cbf China Bio-Fertilizer AG's Interest Coverage

For the subindustry, Cbf China Bio-Fertilizer 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.


Cbf China Bio-Fertilizer AG's Interest Coverage Distribution in the Industry

For the industry and sector, Cbf China Bio-Fertilizer AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cbf China Bio-Fertilizer AG's Interest Coverage falls into.



Cbf China Bio-Fertilizer 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.

Cbf China Bio-Fertilizer AG's Interest Coverage for the fiscal year that ended in Dec. 2011 is calculated as

Here, for the fiscal year that ended in Dec. 2011, Cbf China Bio-Fertilizer AG's Interest Expense was €0.00 Mil. Its Operating Income was €7.19 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Cbf China Bio-Fertilizer AG had no debt (1).

Cbf China Bio-Fertilizer AG's Interest Coverage for the quarter that ended in Jun. 2012 is calculated as

Here, for the six months ended in Jun. 2012, Cbf China Bio-Fertilizer AG's Interest Expense was €0.00 Mil. Its Operating Income was €2.29 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Cbf China Bio-Fertilizer AG 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.


Cbf China Bio-Fertilizer AG  (XTER:A9G) 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 .


Cbf China Bio-Fertilizer AG Interest Coverage Related Terms

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Cbf China Bio-Fertilizer AG (XTER:A9G) Business Description

Traded in Other Exchanges
N/A
Address
Cbf China Bio-Fertilizer AG is a bio-technology company. The Company develops, manufactures and sells bio-fertilizers. It sells products in liquid and solid form under its brand, named, Xin Sheng Li.

Cbf China Bio-Fertilizer AG (XTER:A9G) Headlines

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