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Centennial Specialty Foods (Centennial Specialty Foods) Interest Coverage : N/A (As of Jun. 2005)


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What is Centennial Specialty Foods 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. Centennial Specialty Foods's Operating Income for the three months ended in Jun. 2005 was $-0.28 Mil. Centennial Specialty Foods's Interest Expense for the three months ended in Jun. 2005 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


CHLE's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.54
* 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.


Centennial Specialty Foods Interest Coverage Historical Data

The historical data trend for Centennial Specialty Foods'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.

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Centennial Specialty Foods Interest Coverage Chart

Centennial Specialty Foods Annual Data
Trend Dec03 Dec04
Interest Coverage
N/A N/A

Centennial Specialty Foods Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Centennial Specialty Foods's Interest Coverage

For the Packaged Foods subindustry, Centennial Specialty Foods'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.


Centennial Specialty Foods's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Centennial Specialty Foods's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Centennial Specialty Foods's Interest Coverage falls into.



Centennial Specialty Foods 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.

Centennial Specialty Foods's Interest Coverage for the fiscal year that ended in Dec. 2004 is calculated as

Here, for the fiscal year that ended in Dec. 2004, Centennial Specialty Foods's Interest Expense was $0.00 Mil. Its Operating Income was $-1.36 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.44 Mil.

GuruFocus does not calculate Centennial Specialty Foods's interest coverage with the available data.

Centennial Specialty Foods's Interest Coverage for the quarter that ended in Jun. 2005 is calculated as

Here, for the three months ended in Jun. 2005, Centennial Specialty Foods's Interest Expense was $0.00 Mil. Its Operating Income was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.53 Mil.

GuruFocus does not calculate Centennial Specialty Foods's interest coverage with the available data.

* 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.


Centennial Specialty Foods  (OTCPK:CHLE) 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 .


Centennial Specialty Foods Interest Coverage Related Terms

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Centennial Specialty Foods (Centennial Specialty Foods) Business Description

Traded in Other Exchanges
N/A
Address
10700 E Geddes Avenue, Suite 170, Englewood, CO, USA, 80112-3861
Website
Centennial Specialty Foods Corp sells and distributes Southwestern sauces and food products. Its products include the bean products, green chili sauce, red chili sauce, refried beans and tamale products.
Executives
Gerald J Laber director C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504

Centennial Specialty Foods (Centennial Specialty Foods) Headlines

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