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CDFT (Citadel EFT) Interest Coverage : No Debt (1) (As of Dec. 2013)


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What is Citadel EFT 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. Citadel EFT's Operating Income for the three months ended in Dec. 2013 was $-11.36 Mil. Citadel EFT's Interest Expense for the three months ended in Dec. 2013 was $0.00 Mil. Citadel EFT 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 Citadel EFT's Interest Coverage or its related term are showing as below:


CDFT's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.35
* 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.


Citadel EFT Interest Coverage Historical Data

The historical data trend for Citadel EFT'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.

Citadel EFT Interest Coverage Chart

Citadel EFT Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Interest Coverage
No Debt No Debt No Debt No Debt

Citadel EFT Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Citadel EFT's Interest Coverage

For the Software - Infrastructure subindustry, Citadel EFT'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.


Citadel EFT's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Citadel EFT's Interest Coverage distribution charts can be found below:

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



Citadel EFT 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.

Citadel EFT's Interest Coverage for the fiscal year that ended in Sep. 2013 is calculated as

Here, for the fiscal year that ended in Sep. 2013, Citadel EFT's Interest Expense was $0.00 Mil. Its Operating Income was $-0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Citadel EFT had no debt (1).

Citadel EFT's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Here, for the three months ended in Dec. 2013, Citadel EFT's Interest Expense was $0.00 Mil. Its Operating Income was $-11.36 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Citadel EFT 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.


Citadel EFT  (GREY:CDFT) 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 .


Citadel EFT Interest Coverage Related Terms

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


Citadel EFT Business Description

Traded in Other Exchanges
N/A
Address
825 College Boulevard, Suite 102-328, Oceanside, CA, USA, 92057
Citadel EFT Inc provides credit card terminals and merchant account services to retailers. It's business is the processing of credit card payments ("Merchant Services").

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