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Creative Waste Solutions (Creative Waste Solutions) Interest Coverage : 0 (At Loss) (As of Jun. 2020)


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What is Creative Waste 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. Creative Waste Solutions's Operating Income for the three months ended in Jun. 2020 was $-0.03 Mil. Creative Waste Solutions's Interest Expense for the three months ended in Jun. 2020 was $-0.02 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 Creative Waste Solutions's Interest Coverage or its related term are showing as below:


CWSS's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.035
* 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.


Creative Waste Solutions Interest Coverage Historical Data

The historical data trend for Creative Waste 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.

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Creative Waste Solutions Interest Coverage Chart

Creative Waste Solutions Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Interest Coverage
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Creative Waste Solutions Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Creative Waste Solutions's Interest Coverage

For the Waste Management subindustry, Creative Waste 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.


Creative Waste Solutions's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Creative Waste Solutions's Interest Coverage distribution charts can be found below:

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



Creative Waste 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.

Creative Waste Solutions's Interest Coverage for the fiscal year that ended in Sep. 2019 is calculated as

Here, for the fiscal year that ended in Sep. 2019, Creative Waste Solutions's Interest Expense was $-0.05 Mil. Its Operating Income was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Creative Waste Solutions did not have earnings to cover the interest expense.

Creative Waste Solutions's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Here, for the three months ended in Jun. 2020, Creative Waste Solutions's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Creative Waste 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.


Creative Waste Solutions  (OTCPK:CWSS) 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 .


Creative Waste Solutions Interest Coverage Related Terms

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


Creative Waste Solutions (Creative Waste Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1440 NW 1st Court, Boca Raton, FL, USA, 33432
Creative Waste Solutions Inc operates in the waste management industry. The company through its subsidiaries provides waste management environmental services including solid waste and recycling collection, transportation, processing, and disposal services. The company primarily serves residential, commercial, industrial, and municipal customers in the geographical region of the South East. The company generates revenue from waste removal services.

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