IGSC (IGS Capital Group) Interest Coverage: No Debt (1) (As of Dec. 2017)


What is IGS Capital Group Interest Coverage?

IGS Capital Group IGSC -11.20% Interest Coverage is No Debt (1) as of Dec. 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. IGS Capital Group's Operating Income for the three months ended in Dec. 2017 was $-0.07 Mil. IGS Capital Group's Interest Expense for the three months ended in Dec. 2017 was $0.00 Mil. IGS Capital 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 IGS Capital Group's Interest Coverage or its related term are showing as below:


IGSC's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.63
* 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.

IGS Capital Group  (OTCPK:IGSC) 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 .

IGS Capital Group Interest Coverage Related Terms

IGS Capital Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for IGS Capital 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.

IGS Capital Group Interest Coverage Chart

IGS Capital Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

IGS Capital Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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

IGSC vs PUSH, IFMK, HWIN: Interest Coverage Comparison

For the Building Materials subindustry, IGS Capital 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.

IGS Capital Group Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGS Capital Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where IGS Capital Group's Interest Coverage falls into.


IGS Capital 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.

IGS Capital Group's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, IGS Capital Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

IGS Capital Group had no debt (1).

IGS Capital Group's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the three months ended in Dec. 2017, IGS Capital Group's Interest Expense was $0.00 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

IGS Capital 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?
IGS Capital Group (IGSC) has a Interest Coverage of No Debt (1) as of Dec. 2017. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IGS Capital Group and its competitors.
Is IGS Capital Group's Interest Coverage too high?
IGS Capital Group's current Interest Coverage is No Debt (1).
How does IGS Capital Group's Interest Coverage compare to PUSH and IFMK?
IGS Capital Group's Interest Coverage of No Debt (1) can be compared against companies in the Building Materials industry. The industry median Interest Coverage is 6.63. 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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 IGS Capital Group and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGS Capital 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 IGS Capital Group stock overvalued right now?
IGS Capital Group (IGSC) 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 IGS Capital Group (IGSC), the current Interest Coverage is No Debt (1) as of Dec. 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.

IGS Capital Group Business Description

Address 7121 West Craig Road, Suite 113 PMB 1010, Las Vegas, NV, USA, 89129
IGS Capital Group Ltd operates through its subsidiary, which is engaged in the manufacturing of plastic pipes for various uses such was drinking water, storm and sewer.