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Strategic Asset Leasing (Strategic Asset Leasing) Interest Coverage : N/A (As of Dec. 2092)


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What is Strategic Asset Leasing 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. Strategic Asset Leasing's Operating Income for the three months ended in Dec. 2092 was $-1.60 Mil. Strategic Asset Leasing's Interest Expense for the three months ended in Dec. 2092 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Strategic Asset Leasing's Interest Coverage or its related term are showing as below:


LEAS's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.47
* 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.


Strategic Asset Leasing Interest Coverage Historical Data

The historical data trend for Strategic Asset Leasing'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.

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Strategic Asset Leasing Interest Coverage Chart

Strategic Asset Leasing Annual Data
Trend Dec89 Dec90 Dec91 Dec92
Interest Coverage
No Debt No Debt N/A N/A

Strategic Asset Leasing Quarterly Data
Mar89 Jun89 Sep89 Dec89 Mar90 Jun90 Sep90 Dec90 Mar91 Jun91 Sep91 Dec91 Mar92 Jun92 Sep92 Dec92
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 N/A No Debt No Debt No Debt N/A

Competitive Comparison of Strategic Asset Leasing's Interest Coverage

For the Rental & Leasing Services subindustry, Strategic Asset Leasing'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.


Strategic Asset Leasing's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Strategic Asset Leasing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Strategic Asset Leasing's Interest Coverage falls into.



Strategic Asset Leasing 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.

Strategic Asset Leasing's Interest Coverage for the fiscal year that ended in Dec. 2092 is calculated as

Here, for the fiscal year that ended in Dec. 2092, Strategic Asset Leasing's Interest Expense was $0.00 Mil. Its Operating Income was $-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.90 Mil.

GuruFocus does not calculate Strategic Asset Leasing's interest coverage with the available data.

Strategic Asset Leasing's Interest Coverage for the quarter that ended in Dec. 2092 is calculated as

Here, for the three months ended in Dec. 2092, Strategic Asset Leasing's Interest Expense was $0.00 Mil. Its Operating Income was $-1.60 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.90 Mil.

GuruFocus does not calculate Strategic Asset Leasing's interest coverage with the available data.

* 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.


Strategic Asset Leasing  (OTCPK:LEAS) 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 .


Strategic Asset Leasing Interest Coverage Related Terms

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Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Traded in Other Exchanges
N/A
Address
13576 Walnut Street, Suite A, Omaha, NE, USA, 68144
Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.