Switch to:
Caldwell Partners International Inc (TSX:CWL)
Interest Coverage
10,000.00 (As of May. 2014)

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. Caldwell Partners International Inc's Operating Income for the three months ended in May. 2014 was C$0.63 Mil. Caldwell Partners International Inc's Interest Expense for the three months ended in May. 2014 was C$0.00 Mil. Caldwell Partners International Inc's interest coverage for the quarter that ended in May. 2014 was 10,000.00. The higher the ratio, the stronger the company’s financial strength is.

Good Sign:

Caldwell Partners International Inc has no debt.

TSX:CWL' s 10-Year Interest Coverage Range
Min: 9999.99   Max: 9999.99
Current: No Debt

During the past 13 years, the highest interest coverage of Caldwell Partners International Inc was 9999.99. The lowest was 9999.99. And the median was 10000.00.

TSX:CWL's Interest Coverageis ranked higher than
86% of the 127 Companies
in the Global Staffing & Outsourcing Services industry.

( Industry Median: 55.01 vs. TSX:CWL: No Debt )

Definition

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

Caldwell Partners International Inc did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt is 0, or Interest Expense is positive, then

Caldwell Partners International Inc had no debt.

Caldwell Partners International Inc's Interest Coverage for the fiscal year that ended in Aug. 2013 is calculated as

Here, for the fiscal year that ended in Aug. 2013, Caldwell Partners International Inc's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.13 Mil. And its Long-Term Debt was C$0.00 Mil.

Caldwell Partners International Inc had no debt.

Caldwell Partners International Inc's Interest Coverage for the quarter that ended in May. 2014 is calculated as

Here, for the three months ended in May. 2014, Caldwell Partners International Inc's Interest Expense was C$0.00 Mil. Its Operating Income was C$0.63 Mil. And its Long-Term Debt was C$0.00 Mil.

Caldwell Partners International Inc had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

The higher the ratio, the stronger the company’s financial strength is.


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.


Related Terms

Operating Income, Interest Expense, Financial Strength


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Caldwell Partners International Inc Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
interest_coverage No DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo Debt

Caldwell Partners International Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
interest_coverage No DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo Debt
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK