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International Silver (International Silver) Interest Coverage : 0 (At Loss) (As of Jun. 2014)


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What is International Silver 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. International Silver's Operating Income for the three months ended in Jun. 2014 was $-0.40 Mil. International Silver's Interest Expense for the three months ended in Jun. 2014 was $-0.32 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 International Silver's Interest Coverage or its related term are showing as below:


ISLV's Interest Coverage is not ranked *
in the Metals & Mining 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.


International Silver Interest Coverage Historical Data

The historical data trend for International Silver'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.

International Silver Interest Coverage Chart

International Silver Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Coverage
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International Silver Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 - - - - -

Competitive Comparison of International Silver's Interest Coverage

For the Silver subindustry, International Silver'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.


International Silver's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, International Silver's Interest Coverage distribution charts can be found below:

* The bar in red indicates where International Silver's Interest Coverage falls into.



International Silver 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.

International Silver's Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, International Silver's Interest Expense was $-1.67 Mil. Its Operating Income was $-2.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

International Silver did not have earnings to cover the interest expense.

International Silver's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

Here, for the three months ended in Jun. 2014, International Silver's Interest Expense was $-0.32 Mil. Its Operating Income was $-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

International Silver 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.


International Silver  (OTCPK:ISLV) 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 .


International Silver Interest Coverage Related Terms

Thank you for viewing the detailed overview of International Silver's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


International Silver (International Silver) Business Description

Traded in Other Exchanges
N/A
Address
5210 E. Williams Circle, Suite 700, Tucson, AZ, USA, 85711
International Silver Inc is an exploration stage company that engages in exploration activities. The company is planning to acquire, stake claims or lease exploration properties and conduct exploration activities in North America. Its business strategy is to acquire and explore silver properties throughout North and South America. Its properties include Prince mine property. Castleton tailings project, New Butte mining properties, Magna Charta property. The company generates revenues from a mineral lease agreement and engineering related consulting services.

International Silver (International Silver) Headlines

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