FMBV (Full Motion Beverage) Interest Coverage: No Debt (1) (As of Mar. 2008)


What is Full Motion Beverage Interest Coverage?

Full Motion Beverage FMBV Interest Coverage is No Debt (1) as of Mar. 2008.

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. Full Motion Beverage's Operating Income for the three months ended in Mar. 2008 was $-0.17 Mil. Full Motion Beverage's Interest Expense for the three months ended in Mar. 2008 was $0.00 Mil. Full Motion Beverage has no debt. 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 Full Motion Beverage's Interest Coverage or its related term are showing as below:


FMBV's Interest Coverage is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 12.32
* 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.

Full Motion Beverage  (OTCPK:FMBV) 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 .

Full Motion Beverage Interest Coverage Related Terms

Full Motion Beverage Interest Coverage Historical Data

* Premium members only.

The historical data trend for Full Motion Beverage'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.

Full Motion Beverage Interest Coverage Chart

Full Motion Beverage Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Interest Coverage
Get a 7-Day Free Trial No Debt N/A No Debt No Debt No Debt

Full Motion Beverage Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 No Debt No Debt No Debt No Debt

FMBV vs BCCI, BEVS, LBIX: Interest Coverage Comparison

For the Beverages - Non-Alcoholic subindustry, Full Motion Beverage'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.

Full Motion Beverage Interest Coverage vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Full Motion Beverage's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Full Motion Beverage's Interest Coverage falls into.


Full Motion Beverage 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.

Full Motion Beverage's Interest Coverage for the fiscal year that ended in Dec. 2007 is calculated as

Here, for the fiscal year that ended in Dec. 2007, Full Motion Beverage's Interest Expense was $0.00 Mil. Its Operating Income was $-2.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Full Motion Beverage had no debt (1).

Full Motion Beverage's Interest Coverage for the quarter that ended in Mar. 2008 is calculated as

Here, for the three months ended in Mar. 2008, Full Motion Beverage's Interest Expense was $0.00 Mil. Its Operating Income was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Full Motion Beverage 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Full Motion Beverage (FMBV) has a Interest Coverage of No Debt (1) as of Mar. 2008. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Full Motion Beverage and its competitors.
Is Full Motion Beverage's Interest Coverage too high?
Full Motion Beverage's current Interest Coverage is No Debt (1).
How does Full Motion Beverage's Interest Coverage compare to BCCI and BEVS?
Full Motion Beverage's Interest Coverage of No Debt (1) can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Interest Coverage is 12.32. 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 Beverages - Non-Alcoholic company?
The median Interest Coverage among Beverages - Non-Alcoholic companies is 12.32, based on 90 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 Full Motion Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median Interest Coverage is 12.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full Motion Beverage's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Motion Beverage stock overvalued right now?
Full Motion Beverage (FMBV) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). 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 Full Motion Beverage (FMBV), the current Interest Coverage is No Debt (1) as of Mar. 2008. 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.

Full Motion Beverage Business Description

Address 121-24 Dupont Street, Plainview, NY, USA, 11803
Full Motion Beverage Inc is in the business of developing, marketing, and distributing non-alcoholic beverage brands that are either proprietary or exclusively represented. The various non-alcoholic beverage brands in its portfolio are Mojava, a ready-to-drink (RTD) black coffee beverage; Energize, an energy booster drink; Liquid Ice Energy Drink, Manhattan Special Premium Coffee Soda, and all Performaxx and Mojito brand beverages.