CBCA (Crown Baus Capital) Interest Coverage: No Debt (1) (As of Jul. 2023)


What is Crown Baus Capital Interest Coverage?

Crown Baus Capital CBCA -99.00% Interest Coverage is No Debt (1) as of Jul. 2023.

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. Crown Baus Capital's Operating Income for the three months ended in Jul. 2023 was $-0.02 Mil. Crown Baus Capital's Interest Expense for the three months ended in Jul. 2023 was $0.00 Mil. Crown Baus Capital 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 Crown Baus Capital's Interest Coverage or its related term are showing as below:


CBCA's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.29
* 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.

Crown Baus Capital  (OTCPK:CBCA) 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 .

Crown Baus Capital Interest Coverage Related Terms

Crown Baus Capital Interest Coverage Historical Data

* Premium members only.

The historical data trend for Crown Baus Capital'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.

Crown Baus Capital Interest Coverage Chart

Crown Baus Capital Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Crown Baus Capital Quarterly Data
Jul13 Oct13 Jan14 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 No Debt No Debt No Debt No Debt No Debt

CBCA vs IDVV, SPOM, HON: Interest Coverage Comparison

For the Conglomerates subindustry, Crown Baus Capital'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.

Crown Baus Capital Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Crown Baus Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Crown Baus Capital's Interest Coverage falls into.


Crown Baus Capital 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.

Crown Baus Capital's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, Crown Baus Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Crown Baus Capital had no debt (1).

Crown Baus Capital's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Here, for the three months ended in Jul. 2023, Crown Baus Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Crown Baus Capital 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?
Crown Baus Capital (CBCA) has a Interest Coverage of No Debt (1) as of Jul. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Crown Baus Capital and its competitors.
Is Crown Baus Capital's Interest Coverage too high?
Crown Baus Capital's current Interest Coverage is No Debt (1).
How does Crown Baus Capital's Interest Coverage compare to IDVV and SPOM?
Crown Baus Capital's Interest Coverage of No Debt (1) can be compared against companies in the Conglomerates industry. The industry median Interest Coverage is 5.29. 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 a Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.29, based on 427 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 Crown Baus Capital and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown Baus Capital'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 Crown Baus Capital stock overvalued right now?
Crown Baus Capital (CBCA) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Crown Baus Capital (CBCA), the current Interest Coverage is No Debt (1) as of Jul. 2023. 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.

Crown Baus Capital Business Description

Address 2383 King George Boulevard, Suite 204, Surrey, BC, CAN, V4A 5A4
Crown Baus Capital Corp is focused on becoming an acquisitions-based company targeting high-tech industries and financial services.