IFAN (IFAN Financial) Interest Coverage: 0 (At Loss) (As of May. 2016)


What is IFAN Financial Interest Coverage?

IFAN Financial IFAN -99.00% Interest Coverage is 0 (At Loss) as of May. 2016.

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. IFAN Financial's Operating Income for the three months ended in May. 2016 was $-0.45 Mil. IFAN Financial's Interest Expense for the three months ended in May. 2016 was $-0.71 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 IFAN Financial's Interest Coverage or its related term are showing as below:


IFAN's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.

IFAN Financial  (OTCPK:IFAN) 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 .

IFAN Financial Interest Coverage Related Terms

IFAN Financial Interest Coverage Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial Interest Coverage Chart

IFAN Financial Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15
Interest Coverage
No Debt No Debt No Debt No Debt 0.00

IFAN Financial Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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 0.00 0.00 0.00 0.00

IFAN vs ADAC, VCAN, CIIT: Interest Coverage Comparison

For the Shell Companies subindustry, IFAN Financial'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.

IFAN Financial Interest Coverage vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, IFAN Financial's Interest Coverage distribution charts can be found below:

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


IFAN Financial 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.

IFAN Financial's Interest Coverage for the fiscal year that ended in Aug. 2015 is calculated as

Here, for the fiscal year that ended in Aug. 2015, IFAN Financial's Interest Expense was $-0.03 Mil. Its Operating Income was $-2.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

IFAN Financial did not have earnings to cover the interest expense.

IFAN Financial's Interest Coverage for the quarter that ended in May. 2016 is calculated as

Here, for the three months ended in May. 2016, IFAN Financial's Interest Expense was $-0.71 Mil. Its Operating Income was $-0.45 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

IFAN Financial 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?
IFAN Financial (IFAN) has a Interest Coverage of 0 (At Loss) as of May. 2016. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IFAN Financial and its competitors.
Is IFAN Financial's Interest Coverage too high?
IFAN Financial's current Interest Coverage is 0 (At Loss).
How does IFAN Financial's Interest Coverage compare to ADAC and VCAN?
IFAN Financial's Interest Coverage of 0 (At Loss) can be compared against companies in the Diversified Financial Services industry. The industry median Interest Coverage is 10,000.00. 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 Diversified Financial Services company?
The median Interest Coverage among Diversified Financial Services companies is 10,000.00, based on 389 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 IFAN Financial and its competitors. For the Diversified Financial Services industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFAN Financial'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 IFAN Financial stock overvalued right now?
IFAN Financial (IFAN) 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 IFAN Financial (IFAN), the current Interest Coverage is 0 (At Loss) as of May. 2016. 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.

IFAN Financial Business Description

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226
IFAN Financial Inc is a shell company.