Canal Capital (Canal Capital) Interest Coverage : 25.90 (As of Jul. 2012)

Canal Capital Interest Coverage Chart

Canal Capital Annual Data
	Trend	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11
Interest Coverage		Get a 7-Day Free Trial					N/A	3.99	8.34	9.40	-

Canal Capital Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12
Interest Coverage	Get a 7-Day Free Trial															-	14.29	-	5.00	25.90

Competitive Comparison of Canal Capital's Interest Coverage

For the Real Estate - Development subindustry, Canal 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.

Canal Capital's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Canal Capital's Interest Coverage distribution charts can be found below:

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

Canal 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Canal Capital's Interest Coverage for the fiscal year that ended in Oct. 2011 is calculated as

Here, for the fiscal year that ended in Oct. 2011, Canal Capital's Interest Expense was $-0.09 Mil. Its Operating Income was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.31 Mil.

Canal Capital's Interest Coverage for the quarter that ended in Jul. 2012 is calculated as

Here, for the three months ended in Jul. 2012, Canal Capital's Interest Expense was $-0.02 Mil. Its Operating Income was $0.52 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.61 Mil.

* 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.

Canal Capital  (OTCPK:COWP) 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 .

Canal Capital Interest Coverage Related Terms

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Canal Capital (Canal Capital) Business Description