DEWY (Dewey Electronics) Interest Coverage: 56.60 (As of Mar. 2018)


What is Dewey Electronics Interest Coverage?

Dewey Electronics DEWY Interest Coverage is 56.60 as of Mar. 2018.

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. Dewey Electronics's Operating Income for the three months ended in Mar. 2018 was $0.28 Mil. Dewey Electronics's Interest Expense for the three months ended in Mar. 2018 was $-0.01 Mil. Dewey Electronics's interest coverage for the quarter that ended in Mar. 2018 was 56.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dewey Electronics's Interest Coverage or its related term are showing as below:


DEWY's Interest Coverage is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.69
* 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.

Dewey Electronics  (OTCPK:DEWY) 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 .

Dewey Electronics Interest Coverage Related Terms

Dewey Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dewey Electronics'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.

Dewey Electronics Interest Coverage Chart

Dewey Electronics Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.80 13.44 0.00 0.00 4.35

Dewey Electronics Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Dec17 Mar18
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 0.00 0.00 8.43 56.60

DEWY vs ASDN, MKRS, PSSR: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Dewey Electronics'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.

Dewey Electronics Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Dewey Electronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dewey Electronics's Interest Coverage falls into.


Dewey Electronics 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.

Dewey Electronics's Interest Coverage for the fiscal year that ended in Jun. 2016 is calculated as

Here, for the fiscal year that ended in Jun. 2016, Dewey Electronics's Interest Expense was $-0.02 Mil. Its Operating Income was $0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2016 )/Interest Expense (A: Jun. 2016 )
=-1*0.087/-0.02
=4.35

Dewey Electronics's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Here, for the three months ended in Mar. 2018, Dewey Electronics's Interest Expense was $-0.01 Mil. Its Operating Income was $0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2018 )/Interest Expense (Q: Mar. 2018 )
=-1*0.283/-0.005
=56.60

* 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 56.60 mean?
Dewey Electronics (DEWY) has a Interest Coverage of 56.60 as of Mar. 2018. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dewey Electronics and its competitors.
Is Dewey Electronics' Interest Coverage too high?
Dewey Electronics' current Interest Coverage is 56.60. The Aerospace & Defense industry median Interest Coverage is 8.69. Dewey Electronics' value of 56.60 is 551.3% above this industry median.
How does Dewey Electronics' Interest Coverage compare to ASDN and MKRS?
Dewey Electronics' Interest Coverage of 56.60 can be compared against companies in the Aerospace & Defense industry. The industry median Interest Coverage is 8.69. Dewey Electronics' value of 56.60 is 551.3% above this benchmark. 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 an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 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. Dewey Electronics's current Interest Coverage of 56.60 is 551.3% above the industry median. 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 Dewey Electronics and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dewey Electronics's current Interest Coverage is 56.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dewey Electronics stock overvalued right now?
Dewey Electronics (DEWY) has a current Interest Coverage of 56.60. The current Interest Coverage is 56.60 and 551.3% above the Aerospace & Defense industry median of 8.69. 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 Dewey Electronics (DEWY), the current Interest Coverage is 56.60 as of Mar. 2018. 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.

Dewey Electronics Business Description

Address 27 Muller Road, Oakland, NJ, USA, 07436
Dewey Electronics Corp is a systems-oriented military electronics development, design, and manufacturing organization based in Oakland, New Jersey, with a focus on compact diesel power generation solutions. Its services include Manufacturing, Machining, Power Systems Integration, and Engineering and Development.