KIARF (Kiaro Holdings) Interest Coverage: 0 (At Loss) (As of Oct. 2022)


What is Kiaro Holdings Interest Coverage?

Kiaro Holdings KIARF Interest Coverage is 0 (At Loss) as of Oct. 2022.

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. Kiaro Holdings's Operating Income for the three months ended in Oct. 2022 was $-2.25 Mil. Kiaro Holdings's Interest Expense for the three months ended in Oct. 2022 was $-0.27 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 Kiaro Holdings's Interest Coverage or its related term are showing as below:


KIARF's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.98
* 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.

Kiaro Holdings  (OTCPK:KIARF) 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 .

Kiaro Holdings Interest Coverage Related Terms

Kiaro Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kiaro Holdings'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.

Kiaro Holdings Interest Coverage Chart

Kiaro Holdings Annual Data
Trend Jan21 Jan22
Interest Coverage
0.00 0.00

Kiaro Holdings Quarterly Data
Jul19 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

KIARF vs WBA: Interest Coverage Comparison

For the Pharmaceutical Retailers subindustry, Kiaro Holdings'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.

Kiaro Holdings Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kiaro Holdings's Interest Coverage distribution charts can be found below:

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


Kiaro Holdings 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.

Kiaro Holdings's Interest Coverage for the fiscal year that ended in Jan. 2022 is calculated as

Here, for the fiscal year that ended in Jan. 2022, Kiaro Holdings's Interest Expense was $-0.73 Mil. Its Operating Income was $-3.59 Mil. And its Long-Term Debt & Capital Lease Obligation was $6.11 Mil.

Kiaro Holdings did not have earnings to cover the interest expense.

Kiaro Holdings's Interest Coverage for the quarter that ended in Oct. 2022 is calculated as

Here, for the three months ended in Oct. 2022, Kiaro Holdings's Interest Expense was $-0.27 Mil. Its Operating Income was $-2.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.17 Mil.

Kiaro Holdings 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Kiaro Holdings (KIARF) has a Interest Coverage of 0 (At Loss) as of Oct. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kiaro Holdings and its competitors.
Is Kiaro Holdings' Interest Coverage too high?
Kiaro Holdings' current Interest Coverage is 0 (At Loss).
How does Kiaro Holdings' Interest Coverage compare to WBA?
Kiaro Holdings' Interest Coverage of 0 (At Loss) can be compared against companies in the Healthcare Providers & Services industry. The industry median Interest Coverage is 7.98. 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.98, based on 453 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 Kiaro Holdings and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiaro Holdings's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaro Holdings stock overvalued right now?
Kiaro Holdings (KIARF) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Kiaro Holdings (KIARF), the current Interest Coverage is 0 (At Loss) as of Oct. 2022. 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.

Kiaro Holdings Business Description

Address 300 - 110 E Cordova Street, Vancouver, BC, CAN, V6A 1K9
Kiaro Holdings Corp is engaged in the cannabis business. The company's operating segments are wholesale cannabis business and retail cannabis stores. It generates a majority of its revenue from the retail cannabis business segment.