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KMAG (KMA Global Solutions International) Interest Coverage : No Debt (1) (As of Apr. 2008)


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What is KMA Global Solutions International 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. KMA Global Solutions International's Operating Income for the three months ended in Apr. 2008 was $-0.20 Mil. KMA Global Solutions International's Interest Expense for the three months ended in Apr. 2008 was $0.00 Mil. KMA Global Solutions International 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 KMA Global Solutions International's Interest Coverage or its related term are showing as below:


KMAG's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.32
* 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.


KMA Global Solutions International Interest Coverage Historical Data

The historical data trend for KMA Global Solutions International'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.

KMA Global Solutions International Interest Coverage Chart

KMA Global Solutions International Annual Data
Trend Jan05 Jan06 Jan07 Jan08
Interest Coverage
No Debt N/A N/A No Debt

KMA Global Solutions International Quarterly Data
Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08
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 No Debt N/A No Debt No Debt No Debt

Competitive Comparison of KMA Global Solutions International's Interest Coverage

For the Security & Protection Services subindustry, KMA Global Solutions International'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.


KMA Global Solutions International's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, KMA Global Solutions International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where KMA Global Solutions International's Interest Coverage falls into.


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KMA Global Solutions International 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.

KMA Global Solutions International's Interest Coverage for the fiscal year that ended in Jan. 2008 is calculated as

Here, for the fiscal year that ended in Jan. 2008, KMA Global Solutions International's Interest Expense was $0.00 Mil. Its Operating Income was $-1.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

KMA Global Solutions International had no debt (1).

KMA Global Solutions International's Interest Coverage for the quarter that ended in Apr. 2008 is calculated as

Here, for the three months ended in Apr. 2008, KMA Global Solutions International'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.

KMA Global Solutions International 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.


KMA Global Solutions International  (OTCPK:KMAG) 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 .


KMA Global Solutions International Interest Coverage Related Terms

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KMA Global Solutions International Business Description

Traded in Other Exchanges
N/A
Address
438 Gibraltar Drive, Unit 11, Mississauga, ON, CAN, L5T 2P2
KMA Global Solutions International Inc is engaged in the electronic article surveillance industry, providing cost-effective source tagging solutions for customers in apparel, multimedia, sporting goods, food & pharmaceutical & general merchandise industries.

KMA Global Solutions International Headlines

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