GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bravo Resources Partners Ltd (OTCPK:BRPNF) » Definitions » Interest Coverage

Bravo Resources Partners (Bravo Resources Partners) Interest Coverage : 0 (At Loss) (As of Jul. 2011)


View and export this data going back to . Start your Free Trial

What is Bravo Resources 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. Bravo Resources Partners's Operating Income for the six months ended in Jul. 2011 was $-0.03 Mil. Bravo Resources Partners's Interest Expense for the six months ended in Jul. 2011 was $-0.01 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 Bravo Resources Partners's Interest Coverage or its related term are showing as below:


BRPNF's Interest Coverage is not ranked *
in the Metals & Mining 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.


Bravo Resources Partners Interest Coverage Historical Data

The historical data trend for Bravo Resources 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.

Bravo Resources Partners Interest Coverage Chart

Bravo Resources Partners Annual Data
Trend Jul08 Jul09 Jul10 Jul11
Interest Coverage
- - No Debt -

Bravo Resources Partners Semi-Annual Data
Jul08 Jul09 Jul10 Jul11
Interest Coverage - - No Debt -

Competitive Comparison of Bravo Resources Partners's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Bravo Resources 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.


Bravo Resources Partners's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bravo Resources Partners's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bravo Resources Partners's Interest Coverage falls into.



Bravo Resources 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.

Bravo Resources Partners's Interest Coverage for the fiscal year that ended in Jul. 2011 is calculated as

Here, for the fiscal year that ended in Jul. 2011, Bravo Resources Partners's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bravo Resources Partners did not have earnings to cover the interest expense.

Bravo Resources Partners's Interest Coverage for the quarter that ended in Jul. 2011 is calculated as

Here, for the six months ended in Jul. 2011, Bravo Resources Partners's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bravo Resources 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.


Bravo Resources Partners  (OTCPK:BRPNF) 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 .


Bravo Resources Partners Interest Coverage Related Terms

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


Bravo Resources Partners (Bravo Resources Partners) Business Description

Traded in Other Exchanges
N/A
Address
Website
Bravo Resources Partners Ltd is a development stage company.

Bravo Resources Partners (Bravo Resources Partners) Headlines

No Headlines