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Cuisine Solutions (Cuisine Solutions) Interest Coverage : 0 (At Loss) (As of Mar. 2009)


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What is Cuisine 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. Cuisine Solutions's Operating Income for the three months ended in Mar. 2009 was $-0.82 Mil. Cuisine Solutions's Interest Expense for the three months ended in Mar. 2009 was $-0.09 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 Cuisine Solutions's Interest Coverage or its related term are showing as below:


CUSI's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.56
* 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.


Cuisine Solutions Interest Coverage Historical Data

The historical data trend for Cuisine 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.

Cuisine Solutions Interest Coverage Chart

Cuisine Solutions Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Cuisine Solutions Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 -

Competitive Comparison of Cuisine Solutions's Interest Coverage

For the Packaged Foods subindustry, Cuisine 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.


Cuisine Solutions's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

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



Cuisine 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.

Cuisine Solutions's Interest Coverage for the fiscal year that ended in Jun. 2008 is calculated as

Here, for the fiscal year that ended in Jun. 2008, Cuisine Solutions's Interest Expense was $0.00 Mil. Its Operating Income was $0.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.69 Mil.

GuruFocus does not calculate Cuisine Solutions's interest coverage with the available data.

Cuisine Solutions's Interest Coverage for the quarter that ended in Mar. 2009 is calculated as

Here, for the three months ended in Mar. 2009, Cuisine Solutions's Interest Expense was $-0.09 Mil. Its Operating Income was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.41 Mil.

Cuisine Solutions 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.


Cuisine Solutions  (OTCPK:CUSI) 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 .


Cuisine Solutions Interest Coverage Related Terms

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


Cuisine Solutions (Cuisine Solutions) Business Description

Traded in Other Exchanges
N/A
Address
22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
Cuisine Solutions Inc is a United States-based company engaged in the business of production and marketing of fully-cooked, frozen and prepared foods to different channels and geographic regions. The company's food product portfolio includes poultry, sauces, seafood, lamb, pork, veal, beef and other items.
Executives
Yuyun Tristan Kuo officer: CFO, Treasurer, and Secretary 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312