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GAEX (GA eXpress) Interest Coverage : 1.44 (As of Jun. 2002)


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What is GA eXpress 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. GA eXpress's Operating Income for the three months ended in Jun. 2002 was $0.30 Mil. GA eXpress's Interest Expense for the three months ended in Jun. 2002 was $-0.21 Mil. GA eXpress's interest coverage for the quarter that ended in Jun. 2002 was 1.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for GA eXpress's Interest Coverage or its related term are showing as below:


GAEX's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.035
* 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.


GA eXpress Interest Coverage Historical Data

The historical data trend for GA eXpress'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.

GA eXpress Interest Coverage Chart

GA eXpress Annual Data
Trend Sep92 Sep93 Sep94 Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

GA eXpress Quarterly Data
Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Mar02 Jun02
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 - - N/A - 1.44

Competitive Comparison of GA eXpress's Interest Coverage

For the Software - Application subindustry, GA eXpress'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.


GA eXpress's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, GA eXpress's Interest Coverage distribution charts can be found below:

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



GA eXpress 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.

GA eXpress's Interest Coverage for the fiscal year that ended in Sep. 2001 is calculated as

Here, for the fiscal year that ended in Sep. 2001, GA eXpress's Interest Expense was $0.00 Mil. Its Operating Income was $0.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.64 Mil.

GuruFocus does not calculate GA eXpress's interest coverage with the available data.

GA eXpress's Interest Coverage for the quarter that ended in Jun. 2002 is calculated as

Here, for the three months ended in Jun. 2002, GA eXpress's Interest Expense was $-0.21 Mil. Its Operating Income was $0.30 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.54 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2002 )/Interest Expense (Q: Jun. 2002 )
=-1*0.302/-0.21
=1.44

* 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.


GA eXpress  (OTCPK:GAEX) 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 .


GA eXpress Interest Coverage Related Terms

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


GA eXpress Business Description

Traded in Other Exchanges
N/A
Address
938 Howe Street, Suite 906, Vancouver, USA, V6Z1N9

GA eXpress Headlines

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