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JWCAF (James E. Wagner Cultivation) Interest Coverage : 0 (At Loss) (As of Dec. 2019)


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What is James E. Wagner Cultivation 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. James E. Wagner Cultivation's Operating Income for the three months ended in Dec. 2019 was $-0.49 Mil. James E. Wagner Cultivation's Interest Expense for the three months ended in Dec. 2019 was $-0.43 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 James E. Wagner Cultivation's Interest Coverage or its related term are showing as below:


JWCAF's Interest Coverage is not ranked *
in the Drug Manufacturers industry.
Industry Median: 11.83
* 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.


James E. Wagner Cultivation Interest Coverage Historical Data

The historical data trend for James E. Wagner Cultivation'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.

James E. Wagner Cultivation Interest Coverage Chart

James E. Wagner Cultivation Annual Data
Trend Sep18 Sep19
Interest Coverage
- -

James E. Wagner Cultivation Quarterly Data
Mar17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of James E. Wagner Cultivation's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, James E. Wagner Cultivation'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.


James E. Wagner Cultivation's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, James E. Wagner Cultivation's Interest Coverage distribution charts can be found below:

* The bar in red indicates where James E. Wagner Cultivation's Interest Coverage falls into.


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James E. Wagner Cultivation 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.

James E. Wagner Cultivation's Interest Coverage for the fiscal year that ended in Sep. 2019 is calculated as

Here, for the fiscal year that ended in Sep. 2019, James E. Wagner Cultivation's Interest Expense was $-0.49 Mil. Its Operating Income was $-6.76 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.32 Mil.

James E. Wagner Cultivation did not have earnings to cover the interest expense.

James E. Wagner Cultivation's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Here, for the three months ended in Dec. 2019, James E. Wagner Cultivation's Interest Expense was $-0.43 Mil. Its Operating Income was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation was $12.98 Mil.

James E. Wagner Cultivation 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.


James E. Wagner Cultivation  (OTCPK:JWCAF) 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 .


James E. Wagner Cultivation Interest Coverage Related Terms

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James E. Wagner Cultivation Business Description

Traded in Other Exchanges
N/A
Address
530 Manitou Drive, Kitchener, ON, CAN, N2C 1L3
James E. Wagner Cultivation Corp, through its subsidiary is a licensed producer of medical cannabis focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM. The company's operations are based in Kitchener, Ontario.