China Fishery Group (China Fishery Group) Interest Coverage : 1.26 (As of Jun. 2015)

China Fishery Group Interest Coverage Chart

China Fishery Group Annual Data
	Trend	Dec05	Dec06	Dec07	Dec08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14
Interest Coverage		Get a 7-Day Free Trial					4.61	4.41	3.98	0.68	1.89

China Fishery Group Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Interest Coverage	Get a 7-Day Free Trial															2.17	1.51	1.33	1.28	1.26

Competitive Comparison of China Fishery Group's Interest Coverage

For the Packaged Foods subindustry, China Fishery Group'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.

China Fishery Group's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Fishery Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Fishery Group's Interest Coverage falls into.

China Fishery Group 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

China Fishery Group's Interest Coverage for the fiscal year that ended in Sep. 2014 is calculated as

Here, for the fiscal year that ended in Sep. 2014, China Fishery Group's Interest Expense was $-77.6 Mil. Its Operating Income was $146.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $908.5 Mil.

China Fishery Group's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Here, for the three months ended in Jun. 2015, China Fishery Group's Interest Expense was $-11.0 Mil. Its Operating Income was $13.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $575.0 Mil.

* 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.

China Fishery Group  (OTCPK:CIFHY) 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 .

China Fishery Group Interest Coverage Related Terms

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China Fishery Group (China Fishery Group) Business Description