GLBR (Global Brokerage) Interest Coverage: 0 (At Loss) (As of Sep. 2017)

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What is Global Brokerage Interest Coverage?

Global Brokerage GLBR Interest Coverage is 0 (At Loss) as of Sep. 2017.

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. Global Brokerage's Operating Income for the three months ended in Sep. 2017 was $-4.2 Mil. Global Brokerage's Interest Expense for the three months ended in Sep. 2017 was $-12.0 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 Global Brokerage's Interest Coverage or its related term are showing as below:


GLBR's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.93
* 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.


Global Brokerage  (OTCPK:GLBR) 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 .


Global Brokerage Interest Coverage Related Terms


Global Brokerage Interest Coverage Historical Data

* Premium members only.

The historical data trend for Global Brokerage'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.

Global Brokerage Interest Coverage Chart

Global Brokerage Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial 18.18 3.15 2.72 0.00 0.00

Global Brokerage Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.60 0.00 0.18 0.00

GLBR vs OTCM, OSBHF: Interest Coverage Comparison

For the Financial Data & Stock Exchanges subindustry, Global Brokerage'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.


Global Brokerage Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Global Brokerage's Interest Coverage distribution charts can be found below:

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



Global Brokerage 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.

Global Brokerage's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Global Brokerage's Interest Expense was $-77.1 Mil. Its Operating Income was $-1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $161.4 Mil.

Global Brokerage did not have earnings to cover the interest expense.

Global Brokerage's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, Global Brokerage's Interest Expense was $-12.0 Mil. Its Operating Income was $-4.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Global Brokerage 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?
Global Brokerage (GLBR) has a Interest Coverage of 0 (At Loss) as of Sep. 2017. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Global Brokerage and its competitors.
Is Global Brokerage's Interest Coverage too high?
Global Brokerage's current Interest Coverage is 0 (At Loss).
How does Global Brokerage's Interest Coverage compare to OTCM and OSBHF?
Global Brokerage's Interest Coverage of 0 (At Loss) can be compared against companies in the Capital Markets industry. The industry median Interest Coverage is 20.93. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 20.93, based on 433 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 Global Brokerage and its competitors. For the Capital Markets industry, the median Interest Coverage is 20.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Brokerage'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 Global Brokerage stock overvalued right now?
Global Brokerage (GLBR) 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 Global Brokerage (GLBR), the current Interest Coverage is 0 (At Loss) as of Sep. 2017. 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.

Global Brokerage Business Description

Address 55 Water Street, 50th Floor, New York, NY, USA, 10041
Global Brokerage Inc operates as a holding company in the United States is engaged in the provision of providing online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. The company offers spot FX trading that includes contracts for metals, fixed income, energy, and stock indices; and provides spread betting trading to the customers. The company is also engaged in hedge trading in its electronic market making, provides trading tools data and resources and educational courses. It generates is revenue by the way of trading facilities.