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Nutrastar International (Nutrastar International) Interest Coverage : No Debt (1) (As of Sep. 2015)


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What is Nutrastar International 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. Nutrastar International's Operating Income for the three months ended in Sep. 2015 was $8.07 Mil. Nutrastar International's Interest Expense for the three months ended in Sep. 2015 was $0.00 Mil. Nutrastar International 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 Nutrastar International's Interest Coverage or its related term are showing as below:


NUIN's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 11.83
* 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.


Nutrastar International Interest Coverage Historical Data

The historical data trend for Nutrastar International'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.

Nutrastar International Interest Coverage Chart

Nutrastar International Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Nutrastar International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Nutrastar International's Interest Coverage

For the Drug Manufacturers - General subindustry, Nutrastar International'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.


Nutrastar International's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nutrastar International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nutrastar International's Interest Coverage falls into.



Nutrastar International 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.

Nutrastar International's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Nutrastar International's Interest Expense was $0.00 Mil. Its Operating Income was $30.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Nutrastar International had no debt (1).

Nutrastar International's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Here, for the three months ended in Sep. 2015, Nutrastar International's Interest Expense was $0.00 Mil. Its Operating Income was $8.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Nutrastar International 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.


Nutrastar International  (GREY:NUIN) 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 .


Nutrastar International Interest Coverage Related Terms

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


Nutrastar International (Nutrastar International) Business Description

Traded in Other Exchanges
N/A
Address
Nutrastar International Inc produces and supplies traditional Chinese medicine consumer products. The business activity of the group is operated by Cordyceps Militaris, Beverages and Organic and specialty food products segments. The Cordyceps Militaris segment consists of the growing and sales of Cordyceps Militaris, which business is conducted through Daqing Shuaiyi. The beverages segment consists of the manufacturing of functional health beverages featuring the Cordyceps Militaris as a core ingredient. The organic and specialty food products segment consists of the sales of rice, flour, silage corn and other agricultural products. In addition, it is also a wholesale distributor of organic and specialty food. All the operations are carried out in China.

Nutrastar International (Nutrastar International) Headlines

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