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Supreme Industries (Supreme Industries) Interest Coverage : No Debt (1) (As of Jun. 2017)


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What is Supreme Industries 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. Supreme Industries's Operating Income for the three months ended in Jun. 2017 was $9.0 Mil. Supreme Industries's Interest Expense for the three months ended in Jun. 2017 was $0.0 Mil. Supreme Industries 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 Supreme Industries's Interest Coverage or its related term are showing as below:


STS's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.6
* 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.


Supreme Industries Interest Coverage Historical Data

The historical data trend for Supreme Industries'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.

Supreme Industries Interest Coverage Chart

Supreme Industries 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 16.93 34.90 24.71 216.67 62.97

Supreme Industries Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 337.16 86.24 12.27 12.30 No Debt

Competitive Comparison of Supreme Industries's Interest Coverage

For the Trucking subindustry, Supreme Industries'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.


Supreme Industries's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Supreme Industries's Interest Coverage distribution charts can be found below:

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



Supreme Industries 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.

Supreme Industries'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, Supreme Industries's Interest Expense was $-0.5 Mil. Its Operating Income was $28.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2016 )/Interest Expense (A: Dec. 2016 )
=-1*28.904/-0.459
=62.97

Supreme Industries's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, Supreme Industries's Interest Expense was $0.0 Mil. Its Operating Income was $9.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Supreme Industries 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.


Supreme Industries  (AMEX:STS) 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 .


Supreme Industries Interest Coverage Related Terms

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


Supreme Industries (Supreme Industries) Business Description

Traded in Other Exchanges
N/A
Address
Supreme Industries Inc is an US-based company which manufactures auto parts for commercial vehicles like trucks, trolleys and specialty vehicles used for transportation of goods. It also manufactures fiberglass products. The comany sells specialized trucks by installing customized truck bodies for dry freight services, refrigerated transportation and platform frames. The truck bodies are made up of aluminum, FiberPanel PW branded plywood and FiberPanel HC branded honeycomb. The comapny operates through two business segments Specialized commercial vehicles and Fiberglass products. Majority of its revenue is generated from sale of specialized trucks business.
Executives
Matthew W Long officer: CFO, Treasurer 2581 E KERCHER ROAD, GOSHEN IN 46528
Jeffery L Taylor officer: Vice President 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
William J Barrett director, 10 percent owner, officer: Exec V P and Secretary 210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas director 64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Wayne A Whitener director 101 E. PARK BLVD. STE 955, PLANO TX 75074-0846
Herbert M Gardner director, officer: Chairman of Board P O BOX 6199, FAIR HAVEN NJ 07704
Edward L Flynn director 211 SOMERVILLE ROAD RTE 202N, BEDMINISTER NJ 07921
Mark Weber director, officer: President and CEO 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Hogan Thomas B. Jr. director 830 BERGEN AVENUE, JERSEY CITY NJ 07306
Richard J Giromini director
Brent L Yeagy director 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mark C Neilson director 1361 BRIDGEWATER WAY, MISHAWAKA IN 46545
Kim Korth director, officer: President and CEO C/O IRN, INC., 2680 WALKER AVENUE, SUITE A, GRAND RAPIDS MI 49544
Arthur M Borden director C/O SCIENTIFIC INDUSTRIES INC, 70 ORVILLE DR, BOHEMIA NY 11716
Hurtt William C Jr director 917 LADY BUG LANE, VERO BEACH FL 32063

Supreme Industries (Supreme Industries) Headlines

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