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Hauppauge Digital (Hauppauge Digital) Interest Coverage

: No Debt (1) (As of Mar. 2014)
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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. Hauppauge Digital's Operating Income for the three months ended in Mar. 2014 was $-0.58 Mil. Hauppauge Digital's Interest Expense for the three months ended in Mar. 2014 was $0.00 Mil. Hauppauge Digital 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 Hauppauge Digital's Interest Coverage or its related term are showing as below:


HAUP's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.69
* 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.


Hauppauge Digital Interest Coverage Historical Data

The historical data trend for Hauppauge Digital'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.

Hauppauge Digital Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - No Debt No Debt No Debt

Hauppauge Digital Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison

For the Computer Hardware subindustry, Hauppauge Digital'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.


Hauppauge Digital Interest Coverage Distribution

For the Hardware industry and Technology sector, Hauppauge Digital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hauppauge Digital's Interest Coverage falls into.



Hauppauge Digital 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.

Hauppauge Digital's Interest Coverage for the fiscal year that ended in Sep. 2013 is calculated as

Here, for the fiscal year that ended in Sep. 2013, Hauppauge Digital's Interest Expense was $0.00 Mil. Its Operating Income was $-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hauppauge Digital had no debt (1).

Hauppauge Digital's Interest Coverage for the quarter that ended in Mar. 2014 is calculated as

Here, for the three months ended in Mar. 2014, Hauppauge Digital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Hauppauge Digital 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.


Hauppauge Digital  (OTCPK:HAUP) 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 .


Hauppauge Digital Interest Coverage Related Terms

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Hauppauge Digital (Hauppauge Digital) Business Description

Traded in Other Exchanges
N/A
Address
909 Motor Parkway, Hauppauge, NY, USA, 11788
Hauppauge Digital Inc is a developer of analog and digital TV tuner and other products for the personal computer market. Its product portfolio covers USB TV tuners, HD video recorders, Internal TV tuners, Digital CableCARD tuners, Analog video capture products, European Digital TV Receivers and Digital media adapters, among others. The company has an international global presence.
Executives
Seymour Siegel director 91 CABOT COURT, HAUPPAUGE NY 11788

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