GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Gaby Inc (OTCPK:GABLF) » Definitions » Interest Coverage

Gaby (GABLF) Interest Coverage : 0 (At Loss) (As of Mar. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Gaby 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. Gaby's Operating Income for the three months ended in Mar. 2023 was $-0.28 Mil. Gaby's Interest Expense for the three months ended in Mar. 2023 was $-0.76 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 Gaby's Interest Coverage or its related term are showing as below:


GABLF's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.005
* 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.


Gaby Interest Coverage Historical Data

The historical data trend for Gaby'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.

Gaby Interest Coverage Chart

Gaby Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial - - - - -

Gaby Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - 0.07 -

Competitive Comparison of Gaby's Interest Coverage

For the Pharmaceutical Retailers subindustry, Gaby'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.


Gaby's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Gaby's Interest Coverage distribution charts can be found below:

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



Gaby 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.

Gaby's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Gaby's Interest Expense was $-3.22 Mil. Its Operating Income was $-1.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $24.78 Mil.

Gaby did not have earnings to cover the interest expense.

Gaby's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Gaby's Interest Expense was $-0.76 Mil. Its Operating Income was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $24.68 Mil.

Gaby 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.


Gaby  (OTCPK:GABLF) 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 .


Gaby Interest Coverage Related Terms

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


Gaby (GABLF) Business Description

Traded in Other Exchanges
N/A
Address
579 - 3rd Steet SE, Suite 307, Medicine Hat, AB, CAN, T1A 0H2
GABY Inc is a retail consolidator and the owner of Mankind Dispensary. Mankind is a well-known, and respected dispensary with deep roots in the California cannabis community operating in San Diego, California. The company curates and sells a diverse portfolio of products, including its own proprietary brands, Lulu's and Kind Republic through Mankind, manufactures Kind Republic, and distributes all its proprietary brands through its wholly owned subsidiary, GABY Manufacturing. A pioneer in the industry with a multi-vertical retail foundation, and a strong management team with experience in retail, consolidation, and cannabis, GABY is poised to grow its retail operations both organically and through acquisition.