CRMBQ (Crumbs Bake Shop) Interest Coverage: 0 (At Loss) (As of Mar. 2014)


What is Crumbs Bake Shop Interest Coverage?

Crumbs Bake Shop CRMBQ -99.00% Interest Coverage is 0 (At Loss) as of Mar. 2014.

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. Crumbs Bake Shop's Operating Income for the three months ended in Mar. 2014 was $-3.30 Mil. Crumbs Bake Shop's Interest Expense for the three months ended in Mar. 2014 was $-0.21 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Crumbs Bake Shop's Interest Coverage or its related term are showing as below:


CRMBQ's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6
* 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.


Crumbs Bake Shop  (OTCPK:CRMBQ) 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 .


Crumbs Bake Shop Interest Coverage Related Terms


Crumbs Bake Shop Interest Coverage Historical Data

* Premium members only.

The historical data trend for Crumbs Bake Shop'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.

Crumbs Bake Shop Interest Coverage Chart

Crumbs Bake Shop Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Interest Coverage
N/A No Debt No Debt No Debt 0.00

Crumbs Bake Shop Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 No Debt 0.00 0.00 0.00 0.00

CRMBQ vs GLUC: Interest Coverage Comparison

For the Packaged Foods subindustry, Crumbs Bake Shop'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.


Crumbs Bake Shop Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Crumbs Bake Shop's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Crumbs Bake Shop's Interest Coverage falls into.



Crumbs Bake Shop 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.

Crumbs Bake Shop's Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, Crumbs Bake Shop's Interest Expense was $-0.40 Mil. Its Operating Income was $-12.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $10.00 Mil.

Crumbs Bake Shop did not have earnings to cover the interest expense.

Crumbs Bake Shop's Interest Coverage for the quarter that ended in Mar. 2014 is calculated as

Here, for the three months ended in Mar. 2014, Crumbs Bake Shop's Interest Expense was $-0.21 Mil. Its Operating Income was $-3.30 Mil. And its Long-Term Debt & Capital Lease Obligation was $13.19 Mil.

Crumbs Bake Shop did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Crumbs Bake Shop (CRMBQ) has a Interest Coverage of 0 (At Loss) as of Mar. 2014. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Crumbs Bake Shop and its competitors.
Is Crumbs Bake Shop's Interest Coverage too high?
Crumbs Bake Shop's current Interest Coverage is 0 (At Loss).
How does Crumbs Bake Shop's Interest Coverage compare to GLUC?
Crumbs Bake Shop's Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.60. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 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 Crumbs Bake Shop and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crumbs Bake Shop's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crumbs Bake Shop stock overvalued right now?
Crumbs Bake Shop (CRMBQ) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Crumbs Bake Shop (CRMBQ), the current Interest Coverage is 0 (At Loss) as of Mar. 2014. 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.

Crumbs Bake Shop Business Description

Address 110 West 40th Street, Suite 2100, New York, NY, USA, 10018
Crumbs Bake Shop Inc through its subsidiary is engaged in selling a wide variety of cupcakes, cakes, cookies and other baked goods as well as hot and cold beverages. It offers these products through its stores, e-commerce division, catering services and wholesale distribution business. Apart from cupcakes, the company also offers other baked goods, including cakes, cookies, pastries, scones, croissants, brownies, push-pops and muffins. The company also offers beverages such as drip coffees, espresso-based drinks, whole-leaf teas, and hot chocolate, as well as a variety of cold drinks.