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Blue Sky Alternative Investments (Blue Sky Alternative Investments) Interest Coverage : 0 (At Loss) (As of Dec. 2018)


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What is Blue Sky Alternative Investments 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. Blue Sky Alternative Investments's Operating Income for the six months ended in Dec. 2018 was $-14.69 Mil. Blue Sky Alternative Investments's Interest Expense for the six months ended in Dec. 2018 was $-0.95 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 Blue Sky Alternative Investments's Interest Coverage or its related term are showing as below:


BSKIF's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.92
* 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.


Blue Sky Alternative Investments Interest Coverage Historical Data

The historical data trend for Blue Sky Alternative Investments'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.

Blue Sky Alternative Investments Interest Coverage Chart

Blue Sky Alternative Investments Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Interest Coverage
Get a 7-Day Free Trial 0.88 8.43 8.79 7.16 -

Blue Sky Alternative Investments Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 - 48.13 7.12 - -

Competitive Comparison of Blue Sky Alternative Investments's Interest Coverage

For the Asset Management subindustry, Blue Sky Alternative Investments'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.


Blue Sky Alternative Investments's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Sky Alternative Investments's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Blue Sky Alternative Investments's Interest Coverage falls into.



Blue Sky Alternative Investments 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.

Blue Sky Alternative Investments's Interest Coverage for the fiscal year that ended in Jun. 2018 is calculated as

Here, for the fiscal year that ended in Jun. 2018, Blue Sky Alternative Investments's Interest Expense was $-1.39 Mil. Its Operating Income was $-48.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $64.57 Mil.

Blue Sky Alternative Investments did not have earnings to cover the interest expense.

Blue Sky Alternative Investments's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Here, for the six months ended in Dec. 2018, Blue Sky Alternative Investments's Interest Expense was $-0.95 Mil. Its Operating Income was $-14.69 Mil. And its Long-Term Debt & Capital Lease Obligation was $37.55 Mil.

Blue Sky Alternative Investments 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.


Blue Sky Alternative Investments  (GREY:BSKIF) 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 .


Blue Sky Alternative Investments Interest Coverage Related Terms

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


Blue Sky Alternative Investments (Blue Sky Alternative Investments) Business Description

Traded in Other Exchanges
N/A
Address
111 Eagle Street, Level 46, Brisbane, QLD, AUS, 4000
Blue Sky Alternative Investments Ltd is an alternative asset management company. It manages funds and investments across the four alternative asset classes namely, Private equity, Private real estate, Real assets And Hedge funds. Private equity class specializes in the fund that deploys capital into established growing businesses. Private real estate specializes in funds that include real estate investments focusing on student accommodation, retirement living, and commercial property. Real assets specialize in funds which include investments focusing on water entitlements and agribusiness. It generates a majority of the revenue from the management fees, which it receives by providing management services to the funds it manages. Its core operating segment is Alternative asset management.

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