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BioCube (BioCube) Interest Coverage : 0 (At Loss) (As of Jul. 2013)


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What is BioCube 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. BioCube's Operating Income for the three months ended in Jul. 2013 was $-0.05 Mil. BioCube's Interest Expense for the three months ended in Jul. 2013 was $-0.03 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 BioCube's Interest Coverage or its related term are showing as below:


BICB's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


BioCube Interest Coverage Historical Data

The historical data trend for BioCube'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.

BioCube Interest Coverage Chart

BioCube Annual Data
Trend Jun06 Jun07 Jan08 Jan09 Jan11 Jan12 Jan13
Interest Coverage
Get a 7-Day Free Trial No Debt - - - -

BioCube Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Oct09 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
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 BioCube's Interest Coverage

For the Shell Companies subindustry, BioCube'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.


BioCube's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BioCube's Interest Coverage distribution charts can be found below:

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



BioCube 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.

BioCube's Interest Coverage for the fiscal year that ended in Jan. 2013 is calculated as

Here, for the fiscal year that ended in Jan. 2013, BioCube's Interest Expense was $-0.36 Mil. Its Operating Income was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

BioCube did not have earnings to cover the interest expense.

BioCube's Interest Coverage for the quarter that ended in Jul. 2013 is calculated as

Here, for the three months ended in Jul. 2013, BioCube's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

BioCube 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.


BioCube  (OTCPK:BICB) 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 .


BioCube Interest Coverage Related Terms

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


BioCube (BioCube) Business Description

Traded in Other Exchanges
N/A
Address
3060 West 3680 South, Suite 92, West Valley, UT, USA, 84119
BioCube Inc is a shell company.
Executives
Jan E Chason director 120 WALL STREET, SUITE 2401, NEW YORK NY 10005
Jonathan Gilbert director 36 SYCAMORE LANE, ROSALYN HEIGHTS NY 11577
Gregory D Cohen director, officer: Chief Executive Officer 336 WEST 37TH STREET, 8TH FLOOR, NEW YORK NY 10019

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