FBCD (FBC Holding) Interest Coverage: 0 (At Loss) (As of Apr. 2013)


What is FBC Holding Interest Coverage?

FBC Holding FBCD -6.98% Interest Coverage is 0 (At Loss) as of Apr. 2013.

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. FBC Holding's Operating Income for the three months ended in Apr. 2013 was $-0.23 Mil. FBC Holding's Interest Expense for the three months ended in Apr. 2013 was $-0.09 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 FBC Holding's Interest Coverage or its related term are showing as below:


FBCD's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.915
* 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.

FBC Holding  (OTCPK:FBCD) 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 .

FBC Holding Interest Coverage Related Terms

FBC Holding Interest Coverage Historical Data

* Premium members only.

The historical data trend for FBC Holding'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.

FBC Holding Interest Coverage Chart

FBC Holding Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Interest Coverage
Get a 7-Day Free Trial N/A 0.00 0.00 0.00 0.00

FBC Holding Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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 0.00 0.00 0.00 0.00 0.00

FBCD vs CEENF, NCAP, KSIX: Interest Coverage Comparison

For the Apparel Retail subindustry, FBC Holding'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.

FBC Holding Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, FBC Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FBC Holding's Interest Coverage falls into.


FBC Holding 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.

FBC Holding's Interest Coverage for the fiscal year that ended in Jul. 2012 is calculated as

Here, for the fiscal year that ended in Jul. 2012, FBC Holding's Interest Expense was $-0.26 Mil. Its Operating Income was $-2.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FBC Holding did not have earnings to cover the interest expense.

FBC Holding's Interest Coverage for the quarter that ended in Apr. 2013 is calculated as

Here, for the three months ended in Apr. 2013, FBC Holding's Interest Expense was $-0.09 Mil. Its Operating Income was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

FBC Holding 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
FBC Holding (FBCD) has a Interest Coverage of 0 (At Loss) as of Apr. 2013. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FBC Holding and its competitors.
Is FBC Holding's Interest Coverage too high?
FBC Holding's current Interest Coverage is 0 (At Loss).
How does FBC Holding's Interest Coverage compare to CEENF and NCAP?
FBC Holding's Interest Coverage of 0 (At Loss) can be compared against companies in the Retail - Cyclical industry. The industry median Interest Coverage is 7.92. 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 a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.92, based on 828 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. 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 FBC Holding and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FBC Holding's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FBC Holding stock overvalued right now?
FBC Holding (FBCD) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 FBC Holding (FBCD), the current Interest Coverage is 0 (At Loss) as of Apr. 2013. 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.

FBC Holding Business Description

Address 3111 West Chandler Boulevard, Unit 2120, Chandler, AZ, USA, 85226
FBC Holding Inc is a retailer of streetwear clothing, headwear, and accessories. It specializes in streetwear-style apparel, including shirts, jackets, hoodies, crewnecks, sweatpants, hats, and beanies.