HESG (Health Sciences Group) Interest Coverage: No Debt (1) (As of Sep. 2006)

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What is Health Sciences Group Interest Coverage?

Health Sciences Group HESG -99.00% Interest Coverage is No Debt (1) as of Sep. 2006.

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. Health Sciences Group's Operating Income for the three months ended in Sep. 2006 was $-0.91 Mil. Health Sciences Group's Interest Expense for the three months ended in Sep. 2006 was $0.00 Mil. Health Sciences Group 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 Health Sciences Group's Interest Coverage or its related term are showing as below:


HESG's Interest Coverage is not ranked *
in the Biotechnology industry.
Industry Median: 101.98
* 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.


Health Sciences Group  (OTCPK:HESG) 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 .


Health Sciences Group Interest Coverage Related Terms


Health Sciences Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Health Sciences Group'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.

Health Sciences Group Interest Coverage Chart

Health Sciences Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Interest Coverage
Get a 7-Day Free Trial N/A N/A N/A No Debt No Debt

Health Sciences Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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

HESG vs VITIF, HSTC, NTRR: Interest Coverage Comparison

For the Biotechnology subindustry, Health Sciences Group'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.


Health Sciences Group Interest Coverage vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Health Sciences Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Health Sciences Group's Interest Coverage falls into.



Health Sciences Group 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.

Health Sciences Group's Interest Coverage for the fiscal year that ended in Dec. 2005 is calculated as

Here, for the fiscal year that ended in Dec. 2005, Health Sciences Group's Interest Expense was $0.00 Mil. Its Operating Income was $-7.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Health Sciences Group had no debt (1).

Health Sciences Group's Interest Coverage for the quarter that ended in Sep. 2006 is calculated as

Here, for the three months ended in Sep. 2006, Health Sciences Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Health Sciences Group 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?
Health Sciences Group (HESG) has a Interest Coverage of No Debt (1) as of Sep. 2006. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Health Sciences Group and its competitors.
Is Health Sciences Group's Interest Coverage too high?
Health Sciences Group's current Interest Coverage is No Debt (1).
How does Health Sciences Group's Interest Coverage compare to VITIF and HSTC?
Health Sciences Group's Interest Coverage of No Debt (1) can be compared against companies in the Biotechnology industry. The industry median Interest Coverage is 101.98. 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 Biotechnology company?
The median Interest Coverage among Biotechnology companies is 101.98, based on 375 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 Health Sciences Group and its competitors. For the Biotechnology industry, the median Interest Coverage is 101.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health Sciences Group'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 Health Sciences Group stock overvalued right now?
Health Sciences Group (HESG) 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 Health Sciences Group (HESG), the current Interest Coverage is No Debt (1) as of Sep. 2006. 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.

Health Sciences Group Business Description

Address 14331 Euclid Street, Suite 207, Garden Grove, CA, USA, 92843
Health Sciences Group Inc identifies, develops, and commercializes nutritional products. Its products are targeted towards consumers and medical professionals interested in preventative healthcare alternatives. The products are sold as nutritional supplements and functional ingredients to retail and wholesale customers in the nutrition, skin care, and food industries. The company distributes its products under the Swiss Research and Swiss Diet brand names.