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EQTD (Equal Trading) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Equal Trading 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. Equal Trading's Operating Income for the six months ended in . 20 was $0.00 Mil. Equal Trading's Interest Expense for the six months ended in . 20 was $0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


EQTD's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.06
* 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.


Equal Trading Interest Coverage Historical Data

The historical data trend for Equal Trading'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.

Equal Trading Interest Coverage Chart

Equal Trading Annual Data
Trend
Interest Coverage

Equal Trading Semi-Annual Data
Interest Coverage

Competitive Comparison of Equal Trading's Interest Coverage

For the Software - Application subindustry, Equal Trading'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.


Equal Trading's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Equal Trading's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Equal Trading's Interest Coverage falls into.


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Equal Trading 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.

Equal Trading's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Equal Trading's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Equal Trading had no debt (1).

Equal Trading's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Equal Trading's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Equal Trading had no debt (1).

* 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.


Equal Trading  (OTCPK:EQTD) 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 .


Equal Trading Interest Coverage Related Terms

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Equal Trading Business Description

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Traded in Other Exchanges
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Address
7333 NW 54th Street, SBO 41, Miami, FL, USA, 33166
Equal Trading Inc is an online retail trading platform provider. It offers both training and managed account services for its clients through the use of online professional trading software.

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