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Alteva (Alteva) Interest Coverage : 0 (At Loss) (As of Sep. 2015)


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What is Alteva 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. Alteva's Operating Income for the three months ended in Sep. 2015 was $-2.14 Mil. Alteva's Interest Expense for the three months ended in Sep. 2015 was $-0.00 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 Alteva's Interest Coverage or its related term are showing as below:


ALTV's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.6
* 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.


Alteva Interest Coverage Historical Data

The historical data trend for Alteva'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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Alteva Interest Coverage Chart

Alteva Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
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Alteva 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 N/A N/A N/A N/A -

Competitive Comparison of Alteva's Interest Coverage

For the Telecom Services subindustry, Alteva'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.


Alteva's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Alteva's Interest Coverage distribution charts can be found below:

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



Alteva 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.

Alteva'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, Alteva's Interest Expense was $-0.16 Mil. Its Operating Income was $-6.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.30 Mil.

Alteva did not have earnings to cover the interest expense.

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

Here, for the three months ended in Sep. 2015, Alteva's Interest Expense was $-0.00 Mil. Its Operating Income was $-2.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.40 Mil.

Alteva 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.


Alteva  (AMEX:ALTV) 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 .


Alteva Interest Coverage Related Terms

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


Alteva (Alteva) Business Description

Traded in Other Exchanges
N/A
Address
Alteva Inc was incorporated in New York on January 16, 1902. The Company, together with its subsidiaries, is a provider of hosted Unified Communications as a Service "UCaaS" that enhances business productivity and efficiency. Its UCaaS solution integrates and optimizes cloud-based technologies and business applications to deliver a comprehensive voice, video and collaboration service for the office and mobile workforce. Its cloud-based UCaaS solutions are focused on medium, large and enterprise markets, which are defined as 20-500 users per location. The Company also operates as a regional Incumbent Local Exchange Carrier "ILEC" in southern Orange County, New York and northern New Jersey. The Company operates in two segments; Unified Communications and Telephone. Its Telephone segment provides local and toll telephone service, high-speed broadband and fiber Internet access services and satellite video services to residential and business customers. Its Unified Communications Solutions offers a comprehensive managed solution including hosted voice and hybrid Session Initiation Protocol trunks, with integrated instant messaging, presence, unified messaging and video along with local, long distance and international communications services. Its Business Productivity Application integration is fully integrated with a variety of business productivity applications including Microsoft Office, and Google Apps for Business. Its Audio Conferencing and Web Collaboration Solutions offers a range of collaboration solutions including screen sharing and group audio and web conferencing for over 3,000 participants. Its Access Solutions offers a range of access solutions for businesses ranging from T1s to fiber connections and MPLS circuits and it works closely with various providers to coordinate installation and support the connectivity. Its Wholesale Services offers a packaged solution including infrastructure and services. Its Network Design and Management develop and support the implementation of customized network and voice solutions. Its Local network services include traditional dial tone that is used to make or to receive voice, fax or analog modem calls from a residence or business. Its Network access services connect a customer's telephone or other equipment to the transmission facilities of other carriers that provides long distance and other communications services. Its directory service group publishes and sells yellow and white page advertising in both print and online. The Company competes with both premise-based voice and video providers such as Avaya and Cisco, as well as cloud-based voice and UC providers such as 8x8, Inc., Verizon and Comcast; its directory services competes with Yellow Book, Verizon, Frontier, and CenturyLink; and it broadband internet and dial-up internet services competes with Cablevision in New York and Service Electric in New Jersey.
Executives
Douglas Benedict director C/O VISTULA COMMUNICATIONS SERVICES, INC, 405 PARK AVENUE, SUITE 801, NEW YORK NY 10022
Brian J Kelley officer: CEO
Duane W Albro director 30 CEDAR LANE, BABYLON NY 11702

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