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Checkpoint Systems (Checkpoint Systems) Interest Coverage : 0 (At Loss) (As of Mar. 2016)


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What is Checkpoint Systems 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. Checkpoint Systems's Operating Income for the three months ended in Mar. 2016 was $-24.8 Mil. Checkpoint Systems's Interest Expense for the three months ended in Mar. 2016 was $-1.2 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 Checkpoint Systems's Interest Coverage or its related term are showing as below:


CKP's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.44
* 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.


Checkpoint Systems Interest Coverage Historical Data

The historical data trend for Checkpoint Systems'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.

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Checkpoint Systems Interest Coverage Chart

Checkpoint Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 - 1.23 8.35 -

Checkpoint Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 Checkpoint Systems's Interest Coverage

For the Security & Protection Services subindustry, Checkpoint Systems'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.


Checkpoint Systems's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Checkpoint Systems's Interest Coverage distribution charts can be found below:

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



Checkpoint Systems 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.

Checkpoint Systems'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, Checkpoint Systems's Interest Expense was $-4.0 Mil. Its Operating Income was $-15.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $81.2 Mil.

Checkpoint Systems did not have earnings to cover the interest expense.

Checkpoint Systems's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Here, for the three months ended in Mar. 2016, Checkpoint Systems's Interest Expense was $-1.2 Mil. Its Operating Income was $-24.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $70.4 Mil.

Checkpoint Systems 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.


Checkpoint Systems  (NYSE:CKP) 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 .


Checkpoint Systems Interest Coverage Related Terms

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


Checkpoint Systems (Checkpoint Systems) Business Description

Traded in Other Exchanges
N/A
Address
Checkpoint Systems Inc was founded in 1969. Company is a manufacturer and provider of technology-driven loss prevention, inventory management and labeling solutions to the retail and apparel industries. It also provides electronic article surveillance systems and tags using RF and electro-magnetic technology. It also engineer systems using RF and acousto-magnetic technology. It operates directly in 28 countries. Its products are developed and manufactured in-house and sold through direct distribution and reseller channels. Company reported its results of operations in three segments: Merchandise Availability Solutions (MAS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). ALS includes the results of radio frequency identification (RFID) labels business, coupled with data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. MAS segment, which is focused on loss prevention and Merchandise Visibility (RFID), includes EAS systems, EAS consumables, Alpha high-theft solutions, RFID systems and software and CheckView in Asia. There were no changes to the RMS Segment. Its competitors include: Tyco International Ltd., Avery Dennison Corporation, SML Group, R-Pac International Corporation, NexGen, Fineline Technologies, SATO DCS & Labeling Worldwide, Garvey Products Inc., Hallo, Avery Dennison Corporation, and Prix International.
Executives
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
Stephen N David director C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
George Jr Babich director, officer: CEO and President 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
Jack W Partridge director
Julie Spicer England director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Antle William S Iii director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Rowland Bryan T.r. officer: See Remarks 101 WOLF DRIVE, THOROFARE NJ 08086
Van Der Merwe Robert P director, officer: Chairman, President and CEO
George W Off director C/O TDS, 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Robert O Aders director