Xiana Mining (Xiana Mining) Interest Coverage : 0 (At Loss) (As of Sep. 2020)

Xiana Mining Interest Coverage Chart

Xiana Mining Annual Data
	Trend	Jan10	Jan11	Jan12	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18	Dec19
Interest Coverage		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	-

Xiana Mining Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Interest Coverage	Get a 7-Day Free Trial															-	-	0.04	-	-

Competitive Comparison of Xiana Mining's Interest Coverage

For the Other Precious Metals & Mining subindustry, Xiana Mining'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.

Xiana Mining's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xiana Mining's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Xiana Mining's Interest Coverage falls into.

Xiana Mining 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Xiana Mining's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Xiana Mining's Interest Expense was $-1.92 Mil. Its Operating Income was $-15.39 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Xiana Mining's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Here, for the three months ended in Sep. 2020, Xiana Mining's Interest Expense was $-0.30 Mil. Its Operating Income was $-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

* 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.

Xiana Mining  (OTCPK:DRIFF) 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 .

Xiana Mining Interest Coverage Related Terms

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Xiana Mining (Xiana Mining) Business Description