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Amica Mature Lifestyles (Amica Mature Lifestyles) Interest Coverage : 0.79 (As of Aug. 2015)


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What is Amica Mature Lifestyles 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. Amica Mature Lifestyles's Operating Income for the three months ended in Aug. 2015 was $2.7 Mil. Amica Mature Lifestyles's Interest Expense for the three months ended in Aug. 2015 was $-3.4 Mil. Amica Mature Lifestyles's interest coverage for the quarter that ended in Aug. 2015 was 0.79. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Amica Mature Lifestyles's Interest Coverage or its related term are showing as below:


ACCKF's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.935
* 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.


Amica Mature Lifestyles Interest Coverage Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Interest Coverage Chart

Amica Mature Lifestyles Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.30 0.56

Amica Mature Lifestyles Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 0.49 0.59 0.61 0.53 0.79

Competitive Comparison of Amica Mature Lifestyles's Interest Coverage

For the Medical Care Facilities subindustry, Amica Mature Lifestyles'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.


Amica Mature Lifestyles's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Amica Mature Lifestyles's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Amica Mature Lifestyles's Interest Coverage falls into.



Amica Mature Lifestyles 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.

Amica Mature Lifestyles's Interest Coverage for the fiscal year that ended in May. 2015 is calculated as

Here, for the fiscal year that ended in May. 2015, Amica Mature Lifestyles's Interest Expense was $-15.4 Mil. Its Operating Income was $8.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $224.8 Mil.

Interest Coverage=-1* Operating Income (A: May. 2015 )/Interest Expense (A: May. 2015 )
=-1*8.564/-15.398
=0.56

Amica Mature Lifestyles's Interest Coverage for the quarter that ended in Aug. 2015 is calculated as

Here, for the three months ended in Aug. 2015, Amica Mature Lifestyles's Interest Expense was $-3.4 Mil. Its Operating Income was $2.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $204.5 Mil.

Interest Coverage=-1* Operating Income (Q: Aug. 2015 )/Interest Expense (Q: Aug. 2015 )
=-1*2.669/-3.396
=0.79

* 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.


Amica Mature Lifestyles  (OTCPK:ACCKF) 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 .


Amica Mature Lifestyles Interest Coverage Related Terms

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Amica Mature Lifestyles (Amica Mature Lifestyles) Business Description

Traded in Other Exchanges
N/A
Address
Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.

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