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Alternative Energy Partners (Alternative Energy Partners) Interest Coverage : 0 (At Loss) (As of Apr. 2014)


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What is Alternative Energy Partners 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. Alternative Energy Partners's Operating Income for the three months ended in Apr. 2014 was $-0.10 Mil. Alternative Energy Partners's Interest Expense for the three months ended in Apr. 2014 was $-0.07 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Alternative Energy Partners's Interest Coverage or its related term are showing as below:


AEGY's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.7
* 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.


Alternative Energy Partners Interest Coverage Historical Data

The historical data trend for Alternative Energy Partners'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.

Alternative Energy Partners Interest Coverage Chart

Alternative Energy Partners Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13
Interest Coverage
No Debt No Debt - - -

Alternative Energy Partners Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 - - - - -

Competitive Comparison of Alternative Energy Partners's Interest Coverage

For the Pharmaceutical Retailers subindustry, Alternative Energy Partners'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.


Alternative Energy Partners's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alternative Energy Partners's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Alternative Energy Partners's Interest Coverage falls into.



Alternative Energy Partners 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.

Alternative Energy Partners's Interest Coverage for the fiscal year that ended in Jul. 2013 is calculated as

Here, for the fiscal year that ended in Jul. 2013, Alternative Energy Partners's Interest Expense was $-0.27 Mil. Its Operating Income was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.31 Mil.

Alternative Energy Partners did not have earnings to cover the interest expense.

Alternative Energy Partners's Interest Coverage for the quarter that ended in Apr. 2014 is calculated as

Here, for the three months ended in Apr. 2014, Alternative Energy Partners's Interest Expense was $-0.07 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.07 Mil.

Alternative Energy Partners did not have earnings to cover the interest expense.

* 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.


Alternative Energy Partners  (OTCPK:AEGY) 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 .


Alternative Energy Partners Interest Coverage Related Terms

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


Alternative Energy Partners (Alternative Energy Partners) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
301 Yamato Road, Boca Raton, FL, USA, 33431
Website
Alternative Energy Partners Inc is a development stage company. It is currently involved in providing support services for medical marijuana collectives based initially in California.

Alternative Energy Partners (Alternative Energy Partners) Headlines