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Vert Infrastructure (Vert Infrastructure) Interest Coverage : 0 (At Loss) (As of Nov. 2019)


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What is Vert Infrastructure 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. Vert Infrastructure's Operating Income for the three months ended in Nov. 2019 was $-0.68 Mil. Vert Infrastructure's Interest Expense for the three months ended in Nov. 2019 was $-0.22 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 Vert Infrastructure's Interest Coverage or its related term are showing as below:


CRXPF's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4
* 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.


Vert Infrastructure Interest Coverage Historical Data

The historical data trend for Vert Infrastructure'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.

Vert Infrastructure Interest Coverage Chart

Vert Infrastructure Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt -

Vert Infrastructure Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 No Debt - - - -

Competitive Comparison of Vert Infrastructure's Interest Coverage

For the Real Estate Services subindustry, Vert Infrastructure'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.


Vert Infrastructure's Interest Coverage Distribution in the Real Estate Industry

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

* The bar in red indicates where Vert Infrastructure's Interest Coverage falls into.



Vert Infrastructure 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.

Vert Infrastructure's Interest Coverage for the fiscal year that ended in Feb. 2019 is calculated as

Here, for the fiscal year that ended in Feb. 2019, Vert Infrastructure's Interest Expense was $-0.03 Mil. Its Operating Income was $-12.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.58 Mil.

Vert Infrastructure did not have earnings to cover the interest expense.

Vert Infrastructure's Interest Coverage for the quarter that ended in Nov. 2019 is calculated as

Here, for the three months ended in Nov. 2019, Vert Infrastructure's Interest Expense was $-0.22 Mil. Its Operating Income was $-0.68 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.75 Mil.

Vert Infrastructure 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.


Vert Infrastructure  (OTCPK:CRXPF) 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 .


Vert Infrastructure Interest Coverage Related Terms

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


Vert Infrastructure (Vert Infrastructure) Business Description

Traded in Other Exchanges
N/A
Address
535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Vert Infrastructure Ltd is engaged in the business of branding, investing, constructing, owning and leasing infrastructure for specialty agricultural businesses.