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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Interest Coverage : No Debt (1) (As of Oct. 2017)


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What is Indo Global Exchange(s) Pte 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. Indo Global Exchange(s) Pte's Operating Income for the three months ended in Oct. 2017 was $0.00 Mil. Indo Global Exchange(s) Pte's Interest Expense for the three months ended in Oct. 2017 was $0.00 Mil. Indo Global Exchange(s) Pte 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 Indo Global Exchange(s) Pte's Interest Coverage or its related term are showing as below:


IGEX's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 12.39
* 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.


Indo Global Exchange(s) Pte Interest Coverage Historical Data

The historical data trend for Indo Global Exchange(s) Pte'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.

Indo Global Exchange(s) Pte Interest Coverage Chart

Indo Global Exchange(s) Pte Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - - No Debt No Debt

Indo Global Exchange(s) Pte Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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

Competitive Comparison of Indo Global Exchange(s) Pte's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Indo Global Exchange(s) Pte'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.


Indo Global Exchange(s) Pte's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indo Global Exchange(s) Pte's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indo Global Exchange(s) Pte's Interest Coverage falls into.



Indo Global Exchange(s) Pte 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.

Indo Global Exchange(s) Pte's Interest Coverage for the fiscal year that ended in Jul. 2017 is calculated as

Here, for the fiscal year that ended in Jul. 2017, Indo Global Exchange(s) Pte's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Indo Global Exchange(s) Pte had no debt (1).

Indo Global Exchange(s) Pte's Interest Coverage for the quarter that ended in Oct. 2017 is calculated as

Here, for the three months ended in Oct. 2017, Indo Global Exchange(s) Pte's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Indo Global Exchange(s) Pte 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.


Indo Global Exchange(s) Pte  (OTCPK:IGEX) 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 .


Indo Global Exchange(s) Pte Interest Coverage Related Terms

Thank you for viewing the detailed overview of Indo Global Exchange(s) Pte's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Business Description

Traded in Other Exchanges
N/A
Address
6400 S. Fiddlers Green, No. 250 No.1012, Greenwood Village, CO, USA, 80111
Indo Global Exchange(s) Pte Ltd is a holding company. The company is focusing on developing assets within the pharmaceutical and nutraceutical industries.