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Artio Global Investors, (FRA:A1I) Interest Coverage : No Debt (1) (As of Mar. 2013)


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What is Artio Global Investors, 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. Artio Global Investors,'s Operating Income for the three months ended in Mar. 2013 was €-8.97 Mil. Artio Global Investors,'s Interest Expense for the three months ended in Mar. 2013 was €0.00 Mil. Artio Global Investors, 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 Artio Global Investors,'s Interest Coverage or its related term are showing as below:


FRA:A1I's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.555
* 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.


Artio Global Investors, Interest Coverage Historical Data

The historical data trend for Artio Global Investors,'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.

Artio Global Investors, Interest Coverage Chart

Artio Global Investors, Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Coverage
Get a 7-Day Free Trial No Debt - 66.61 56.17 -

Artio Global Investors, Quarterly Data
Dec08 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 18.95 52.55 No Debt - No Debt

Competitive Comparison of Artio Global Investors,'s Interest Coverage

For the Asset Management subindustry, Artio Global Investors,'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.


Artio Global Investors,'s Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Artio Global Investors,'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Artio Global Investors,'s Interest Coverage falls into.



Artio Global Investors, 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.

Artio Global Investors,'s Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Artio Global Investors,'s Interest Expense was €-0.29 Mil. Its Operating Income was €-13.32 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Artio Global Investors, did not have earnings to cover the interest expense.

Artio Global Investors,'s Interest Coverage for the quarter that ended in Mar. 2013 is calculated as

Here, for the three months ended in Mar. 2013, Artio Global Investors,'s Interest Expense was €0.00 Mil. Its Operating Income was €-8.97 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Artio Global Investors, 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.


Artio Global Investors,  (FRA:A1I) 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 .


Artio Global Investors, Interest Coverage Related Terms

Thank you for viewing the detailed overview of Artio Global Investors,'s Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Artio Global Investors, (FRA:A1I) Business Description

Traded in Other Exchanges
N/A
Address
Website
Artio Global Investors Inc. was incorporated in Delaware. The Company is an asset management Company that provides investment management services to institutional and mutual fund clients. In addition to International Equity, it offers a select group of other equity and fixed income strategies, including Global Equity, a series of U.S. Equity strategies, High Grade Fixed Income, High Yield and Local Emerging Markets Debt. Currently, it manage and advise the following investment vehicles through which clients can access its investment capabilities: proprietary funds; commingled institutional investment vehicles; institutional separate accounts; sub-advisory accounts; and a hedge fund. Its operations and clients are based principally in the U.S.; however, a substantial portion of its AuM is invested outside of the U.S. Its revenues are mainly billed in U.S. dollars, driven by investment management fees earned from managing clients' assets, and are calculated on the U.S. dollar value of the investment assets it manage for clients. Its distribution efforts target institutions and organizations that demonstrate institutional buying behavior and longer-term investment horizons, such as pension fund consultants, broker dealers, registered investment advisors ('RIAs'), mutual fund platforms and sub-advisory relationships, enabling it to achieve significant leverage from its focused sales force and client service infrastructure. It also manage assets for more than 700,000 retail mutual fund shareholders through SEC-registered funds and other retail investors through 10 funds that it sub-advise for others. It competes in all aspects of its business with other investment management companies. The Company's business is subject to extensive regulation in the U.S. at both the federal and state level, as well as by self-regulatory organizations and outside the U.S.

Artio Global Investors, (FRA:A1I) Headlines

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