Bexil (BXLC) Interest Coverage: No Debt (1) (As of Dec. 2011)

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BXLC Bexil Corp BXLC
14 GF Score
Price $65.00
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What is Bexil Interest Coverage?

Bexil BXLC 14 Interest Coverage is No Debt (1) as of Dec. 2011. GuruFocus rates BXLC with a GF Score™ of 14/100. Among 481 Asset Management companies, Bexil ranks worse than 207900% on this metric.

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. Bexil's Operating Income for the six months ended in Dec. 2011 was $-2.17 Mil. Bexil's Interest Expense for the six months ended in Dec. 2011 was $0.00 Mil. Bexil has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Bexil's Interest Coverage or its related term are showing as below:


BXLC's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 47.79
* 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.

Bexil  (OTCPK:BXLC) 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 .

Bexil Interest Coverage Related Terms

Bexil Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bexil'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.

Bexil Interest Coverage Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Bexil Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

BXLC vs GROW, RMCO, MLCI: Interest Coverage Comparison

For the Asset Management subindustry, Bexil'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.

Bexil Interest Coverage vs Asset Management Industry

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

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


BXLC
14GF Score
Bexil Corp BXLC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Bexil 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.

Bexil's Interest Coverage for the fiscal year that ended in Dec. 2011 is calculated as

Here, for the fiscal year that ended in Dec. 2011, Bexil's Interest Expense was $0.00 Mil. Its Operating Income was $-2.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bexil had no debt (1).

Bexil's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Here, for the six months ended in Dec. 2011, Bexil's Interest Expense was $0.00 Mil. Its Operating Income was $-2.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Bexil had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Bexil (BXLC) has a Interest Coverage of No Debt (1) as of Dec. 2011. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bexil and its competitors. According to the industry distribution chart, Bexil ranks #999999 out of 481 companies in the Asset Management industry.
Is Bexil's Interest Coverage too high?
Bexil's current Interest Coverage is No Debt (1). Based on the distribution chart, Bexil ranks #999999 out of 481 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Bexil has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Bexil's Interest Coverage compare to GROW and RMCO?
According to the Asset Management industry distribution chart, Bexil ranks #999999 out of 481 companies for Interest Coverage. This places Bexil in the lower half of its industry. The industry median Interest Coverage is 47.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Asset Management company?
The median Interest Coverage among Asset Management companies is 47.79, based on 481 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bexil and its competitors. For the Asset Management industry, the median Interest Coverage is 47.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bexil's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bexil stock overvalued right now?
Bexil (BXLC) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Bexil's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Bexil (BXLC), the current Interest Coverage is No Debt (1) as of Dec. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bexil Business Description

Address P.O. Box 4, Walpole, NH, USA, 03608
Bexil Corp is engaged in investment management with an objective to increase book value per share over time for the benefit of its stockholders. The company is engaged through a wholly owned subsidiary in investment management.
14GF Score

Get the complete analysis for BXLC

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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