KYNC (KYN Capital Group) Interest Coverage: No Debt (1) (As of Sep. 2010)


What is KYN Capital Group Interest Coverage?

KYN Capital Group KYNC Interest Coverage is No Debt (1) as of Sep. 2010.

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. KYN Capital Group's Operating Income for the three months ended in Sep. 2010 was $0.95 Mil. KYN Capital Group's Interest Expense for the three months ended in Sep. 2010 was $0.00 Mil. KYN Capital Group 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 KYN Capital Group's Interest Coverage or its related term are showing as below:


KYNC's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.31
* 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.

KYN Capital Group  (OTCPK:KYNC) 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 .

KYN Capital Group Interest Coverage Related Terms

KYN Capital Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for KYN Capital Group'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.

KYN Capital Group Interest Coverage Chart

KYN Capital Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Interest Coverage
No Debt No Debt No Debt No Debt No Debt

KYN Capital Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 No Debt No Debt No Debt No Debt No Debt

KYN Capital Group Interest Coverage Competitor Comparison

For the Conglomerates subindustry, KYN Capital Group'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.

KYN Capital Group Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, KYN Capital Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where KYN Capital Group's Interest Coverage falls into.


KYN Capital Group 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.

KYN Capital Group's Interest Coverage for the fiscal year that ended in Dec. 2009 is calculated as

Here, for the fiscal year that ended in Dec. 2009, KYN Capital Group's Interest Expense was $0.00 Mil. Its Operating Income was $3.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

KYN Capital Group had no debt (1).

KYN Capital Group's Interest Coverage for the quarter that ended in Sep. 2010 is calculated as

Here, for the three months ended in Sep. 2010, KYN Capital Group's Interest Expense was $0.00 Mil. Its Operating Income was $0.95 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

KYN Capital Group 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?
KYN Capital Group (KYNC) has a Interest Coverage of No Debt (1) as of Sep. 2010. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on KYN Capital Group and its competitors.
Is KYN Capital Group's Interest Coverage too high?
KYN Capital Group's current Interest Coverage is No Debt (1).
How does KYN Capital Group's Interest Coverage compare to competitors?
KYN Capital Group's Interest Coverage of No Debt (1) can be compared against companies in the Conglomerates industry. The industry median Interest Coverage is 5.31. 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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 KYN Capital Group and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KYN Capital Group'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 KYN Capital Group stock overvalued right now?
KYN Capital Group (KYNC) 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 KYN Capital Group (KYNC), the current Interest Coverage is No Debt (1) as of Sep. 2010. 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.

KYN Capital Group Business Description

Address 11321 Trade Center Drive, No. 255, Rancho Cordova, CA, USA, 95742
KYN Capital Group Inc is a holding company for acquisitions in entertainment, blockchain, and cryptocurrency markets. Its goal is to combine the expertise of its team members to create a cohesive force, which will carry the company forward in the marketplace. The company has released Koinfold 2.0 on IOS and Android platforms, which is a digital wallet mainly used to buy, sell, swap, and trade cryptocurrencies.