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ETCIA (Electronic Tele-Communications) Interest Coverage : 0 (At Loss) (As of Jun. 2007)


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What is Electronic Tele-Communications 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. Electronic Tele-Communications's Operating Income for the three months ended in Jun. 2007 was $-0.17 Mil. Electronic Tele-Communications's Interest Expense for the three months ended in Jun. 2007 was $-0.01 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 Electronic Tele-Communications's Interest Coverage or its related term are showing as below:


ETCIA's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.7
* 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.


Electronic Tele-Communications Interest Coverage Historical Data

The historical data trend for Electronic Tele-Communications'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.

Electronic Tele-Communications Interest Coverage Chart

Electronic Tele-Communications Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt - -

Electronic Tele-Communications Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 - - - -

Competitive Comparison of Electronic Tele-Communications's Interest Coverage

For the Communication Equipment subindustry, Electronic Tele-Communications'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.


Electronic Tele-Communications's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electronic Tele-Communications's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Electronic Tele-Communications's Interest Coverage falls into.



Electronic Tele-Communications 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.

Electronic Tele-Communications's Interest Coverage for the fiscal year that ended in Dec. 2006 is calculated as

Here, for the fiscal year that ended in Dec. 2006, Electronic Tele-Communications's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Electronic Tele-Communications did not have earnings to cover the interest expense.

Electronic Tele-Communications's Interest Coverage for the quarter that ended in Jun. 2007 is calculated as

Here, for the three months ended in Jun. 2007, Electronic Tele-Communications's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Electronic Tele-Communications 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.


Electronic Tele-Communications  (OTCPK:ETCIA) 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 .


Electronic Tele-Communications Interest Coverage Related Terms

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


Electronic Tele-Communications Business Description

Traded in Other Exchanges
N/A
Address
1915 MacArthur Road, Waukesha, WI, USA, 53188
Electronic Tele-Communications Inc is a service provider in a converging network. The converging network refers to the methods of transmitting voice through traditional circuit switching and newer methods, such as packet-switching. Its customers include ILECs (incumbent local exchange carriers), RBOCs (Regional Bell Operating Companies), CLECs (competitive local exchange carriers), wireless providers, long-distance companies, cable companies, and utilities.
Executives
Goodkind Conrad G director 411 EAST WISCOSIN AVE, MILWAUKEE WI 53202

Electronic Tele-Communications Headlines

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