United-Guardian (United-Guardian) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is United-Guardian 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. United-Guardian's Operating Income for the three months ended in Dec. 2023 was $0.79 Mil. United-Guardian's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. United-Guardian has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

United-Guardian Inc has no debt.

(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 United-Guardian's Interest Coverage or its related term are showing as below:

UG' s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

UG's Interest Coverage is ranked better than
99.57% of 1380 companies
in the Consumer Packaged Goods industry
Industry Median: 8.405 vs UG: No Debt

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

United-Guardian Interest Coverage Historical Data

The historical data trend for United-Guardian'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.

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United-Guardian Interest Coverage Chart

United-Guardian Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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No Debt

United-Guardian Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of United-Guardian's Interest Coverage

For the Household & Personal Products subindustry, United-Guardian'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.

United-Guardian's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United-Guardian's Interest Coverage distribution charts can be found below:

* The bar in red indicates where United-Guardian's Interest Coverage falls into.

United-Guardian 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.

United-Guardian's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, United-Guardian's Interest Expense was $0.00 Mil. Its Operating Income was $2.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

United-Guardian had no debt ⁽¹⁾.

United-Guardian's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, United-Guardian's Interest Expense was $0.00 Mil. Its Operating Income was $0.79 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

United-Guardian had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

United-Guardian (NAS:UG) 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 .

United-Guardian Interest Coverage Related Terms

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

United-Guardian (United-Guardian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United-Guardian Inc (NAS:UG) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

230 Marcus Boulevard, Hauppauge, NY, USA, 11788

Website

https://www.u-g.com

United-Guardian Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and specialty industrial products. Its product portfolio includes Klensoft, Deselex, Renacidin, Lubrajel Fluid and others. The company's pharmaceutical products are sold to and distributed by full-line drug wholesalers throughout the United States. Its medical and specialty industrial products are sold directly by the company to the end-users of those products or, in some cases, to contract manufacturers used by some of those end users. It derives key revenue from the sales made in the U.S.

Executives

Donna Vigilante	officer: President	428 NORTH ERIE AVE, LINDENHURST NY 11757
Beatriz Blanco	director, officer: Chief Executive Officer	230 MARCUS BOULEVARD, HAUPPAUGE NY 11788
Joseph J Vernice	officer: Vice President	C/O UNITED GUARDIAN INC, 230 MARCUS BLVD P O BOX 18050, HAUPPAUGE NY 11788
Betsee Parker	10 percent owner	C/O MILDRED F. SLATER, 9005 JOHN S. MOSBY HIGHWAY, UPPERVILLE VA 20185
Arthur Dresner	director	C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Kenneth H Globus	director, 10 percent owner, officer: President & General Counsel	C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050, HAUPPAUGE NY 11788
Henry P Globus	director	C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Derek Hampson	officer: Vice President
Peter A Hiltunen	officer: Vioe President	C/O UNITED GUARDIAN INC, 230 MARCUS BLVD, HAUPPAUGE NY 117088
Nolan Christopher William Sr	director	15 TILGHMAN DRIVE, WAYNE NJ 07470
Alfred R Globus	director, 10 percent owner, officer: Chief Executive Officer	C/O UNITED-GUARDIAN, INC., 230 MARCUS BLVD., P.O. BOX 18050, HAUPPAUGE NY 11788
Robert S Rubinger	director, officer: Exec.V.P., Secretary, Treas.
Andrew A Boccone	director	C/O UNITED GUARDIAN INC, 230 MERCUS BLVD P O BOX 18050, HAUPPAUGE NY 11788
Charles W Castanza	director, officer: Senior Vice President	C/O UNITED GUARDIAN INC, 230 MARCUS BLVD PO BOX 18050, HAUPPAUGE NY 11788
Cecile Brophy	officer: Controller