Glacier Water Services (Glacier Water Services) Interest Coverage : 0.58 (As of Dec. 2010)

Glacier Water Services Interest Coverage Chart

Glacier Water Services Annual Data
	Trend	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Interest Coverage		Get a 7-Day Free Trial					0.49	0.46	0.49	0.89	0.89

Glacier Water Services Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Interest Coverage	Get a 7-Day Free Trial															0.21	0.18	1.04	1.76	0.58

Competitive Comparison of Glacier Water Services's Interest Coverage

For the Beverages - Non-Alcoholic subindustry, Glacier Water Services'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.

Glacier Water Services's Interest Coverage Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Glacier Water Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Glacier Water Services's Interest Coverage falls into.

Glacier Water Services 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.

Glacier Water Services's Interest Coverage for the fiscal year that ended in Dec. 2010 is calculated as

Here, for the fiscal year that ended in Dec. 2010, Glacier Water Services's Interest Expense was $-8.6 Mil. Its Operating Income was $7.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $118.8 Mil.

Glacier Water Services's Interest Coverage for the quarter that ended in Dec. 2010 is calculated as

Here, for the three months ended in Dec. 2010, Glacier Water Services's Interest Expense was $-2.2 Mil. Its Operating Income was $1.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $118.8 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.

Glacier Water Services  (OTCPK:GWSV) 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 .

Glacier Water Services Interest Coverage Related Terms

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Glacier Water Services (Glacier Water Services) Business Description