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Celerity Solutions (Celerity Solutions) Interest Coverage : N/A (As of Dec. 2099)


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What is Celerity Solutions 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. Celerity Solutions's Operating Income for the three months ended in Dec. 2099 was $-0.24 Mil. Celerity Solutions's Interest Expense for the three months ended in Dec. 2099 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 Celerity Solutions's Interest Coverage or its related term are showing as below:


CLTY's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.785
* 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.


Celerity Solutions Interest Coverage Historical Data

The historical data trend for Celerity Solutions'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.

Celerity Solutions Interest Coverage Chart

Celerity Solutions Annual Data
Trend Mar91 Mar92 Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt No Debt N/A - -

Celerity Solutions Quarterly Data
Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99
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 N/A N/A N/A N/A N/A

Competitive Comparison of Celerity Solutions's Interest Coverage

For the Software - Application subindustry, Celerity Solutions'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.


Celerity Solutions's Interest Coverage Distribution in the Software Industry

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

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



Celerity Solutions 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.

Celerity Solutions's Interest Coverage for the fiscal year that ended in Mar. 2099 is calculated as

Here, for the fiscal year that ended in Mar. 2099, Celerity Solutions's Interest Expense was $-0.22 Mil. Its Operating Income was $-2.87 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.02 Mil.

Celerity Solutions did not have earnings to cover the interest expense.

Celerity Solutions's Interest Coverage for the quarter that ended in Dec. 2099 is calculated as

Here, for the three months ended in Dec. 2099, Celerity Solutions's Interest Expense was $0.00 Mil. Its Operating Income was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.72 Mil.

GuruFocus does not calculate Celerity Solutions'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.


Celerity Solutions  (OTCPK:CLTY) 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 .


Celerity Solutions Interest Coverage Related Terms

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


Celerity Solutions (Celerity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
270 Bridge Street, Suite 301, Dedman, MA, USA, 02026
Celerity Solutions Inc provides internet enables business software applications. It offers Business & Technology Strategy, Full lifecycle ERP Application Implementation & Strategic Enhancements, Business Intelligence & Custom Application Development.

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