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Allegiant Professional Business Services (Allegiant Professional Business Services) Interest Coverage : 0 (At Loss) (As of Dec. 2008)


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What is Allegiant Professional Business Services 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. Allegiant Professional Business Services's Operating Income for the three months ended in Dec. 2008 was $-1.39 Mil. Allegiant Professional Business Services's Interest Expense for the three months ended in Dec. 2008 was $-0.17 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 Allegiant Professional Business Services's Interest Coverage or its related term are showing as below:


APRO's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.47
* 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.


Allegiant Professional Business Services Interest Coverage Historical Data

The historical data trend for Allegiant Professional Business Services'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.

Allegiant Professional Business Services Interest Coverage Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Interest Coverage
No Debt No Debt No Debt -

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt -

Competitive Comparison of Allegiant Professional Business Services's Interest Coverage

For the Specialty Business Services subindustry, Allegiant Professional Business Services'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.


Allegiant Professional Business Services's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegiant Professional Business Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Allegiant Professional Business Services's Interest Coverage falls into.



Allegiant Professional Business Services 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.

Allegiant Professional Business Services's Interest Coverage for the fiscal year that ended in Sep. 2008 is calculated as

Here, for the fiscal year that ended in Sep. 2008, Allegiant Professional Business Services's Interest Expense was $-0.39 Mil. Its Operating Income was $-11.58 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Allegiant Professional Business Services did not have earnings to cover the interest expense.

Allegiant Professional Business Services's Interest Coverage for the quarter that ended in Dec. 2008 is calculated as

Here, for the three months ended in Dec. 2008, Allegiant Professional Business Services's Interest Expense was $-0.17 Mil. Its Operating Income was $-1.39 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Allegiant Professional Business Services 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.


Allegiant Professional Business Services  (OTCPK:APRO) 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 .


Allegiant Professional Business Services Interest Coverage Related Terms

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Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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