Koala (KARE) Interest Coverage: No Debt (1) (As of Dec. 2002)


What is Koala Interest Coverage?

Koala KARE -99.50% Interest Coverage is No Debt (1) as of Dec. 2002.

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. Koala's Operating Income for the three months ended in Dec. 2002 was $-0.79 Mil. Koala's Interest Expense for the three months ended in Dec. 2002 was $0.00 Mil. Koala 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 Koala's Interest Coverage or its related term are showing as below:


KARE's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.79
* 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.

Koala  (OTCPK:KARE) 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 .

Koala Interest Coverage Related Terms

Koala Interest Coverage Historical Data

* Premium members only.

The historical data trend for Koala'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.

Koala Interest Coverage Chart

Koala Annual Data
Trend Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A No Debt N/A No Debt

Koala Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02
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 N/A N/A No Debt No Debt No Debt

KARE vs UVND, OTIV, KEQU: Interest Coverage Comparison

For the Business Equipment & Supplies subindustry, Koala'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.

Koala Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Koala's Interest Coverage distribution charts can be found below:

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


Koala 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.

Koala's Interest Coverage for the fiscal year that ended in Dec. 2002 is calculated as

Here, for the fiscal year that ended in Dec. 2002, Koala's Interest Expense was $0.00 Mil. Its Operating Income was $-3.96 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Koala had no debt (1).

Koala's Interest Coverage for the quarter that ended in Dec. 2002 is calculated as

Here, for the three months ended in Dec. 2002, Koala's Interest Expense was $0.00 Mil. Its Operating Income was $-0.79 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Koala 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?
Koala (KARE) has a Interest Coverage of No Debt (1) as of Dec. 2002. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Koala and its competitors.
Is Koala's Interest Coverage too high?
Koala's current Interest Coverage is No Debt (1).
How does Koala's Interest Coverage compare to UVND and OTIV?
Koala's Interest Coverage of No Debt (1) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.79. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.79, based on 2,329 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 Koala and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koala'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 Koala stock overvalued right now?
Koala (KARE) 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 Koala (KARE), the current Interest Coverage is No Debt (1) as of Dec. 2002. 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.

Koala Business Description

Address 8851 Glenridge, Suite 710, Vienna, VA, USA, 22182
Koala Corp is a producer and marketer of commercial products, systems, and custom solutions to create family-friendly environments in businesses and public places.