LPIX (LogiPix International) Interest Coverage: No Debt (1) (As of Aug. 2023)


LPIX LogiPix International Corp LPIX
35 GF Score
Price $2.09
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What is LogiPix International Interest Coverage?

LogiPix International LPIX 35 Interest Coverage is No Debt (1) as of Aug. 2023. GuruFocus rates LPIX with a GF Score™ of 35/100.

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. LogiPix International's Operating Income for the six months ended in Aug. 2023 was $-0.00 Mil. LogiPix International's Interest Expense for the six months ended in Aug. 2023 was $0.00 Mil. LogiPix 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 LogiPix International's Interest Coverage or its related term are showing as below:


LPIX's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.865
* 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.

LogiPix International  (OTCPK:LPIX) 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 .

LogiPix International Interest Coverage Related Terms

LogiPix International Interest Coverage Historical Data

* Premium members only.

The historical data trend for LogiPix 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.

LogiPix International Interest Coverage Chart

LogiPix International Annual Data
Trend Feb01 Feb02 Feb03 Feb04 Feb05 Feb06 Feb07
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

LogiPix International Semi-Annual Data
Feb01 Feb02 Aug02 Feb03 Aug03 Feb04 Aug04 Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Aug22 Aug23
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 No Debt No Debt No Debt No Debt No Debt

LPIX vs TT, CARR, JCI: Interest Coverage Comparison

For the Building Products & Equipment subindustry, LogiPix 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.

LogiPix International Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, LogiPix International's Interest Coverage distribution charts can be found below:

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


LPIX
35GF Score
LogiPix International Corp LPIX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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LogiPix 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.

LogiPix International's Interest Coverage for the fiscal year that ended in Feb. 2007 is calculated as

Here, for the fiscal year that ended in Feb. 2007, LogiPix International's Interest Expense was $0.00 Mil. Its Operating Income was $-5.78 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

LogiPix International had no debt (1).

LogiPix International's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the six months ended in Aug. 2023, LogiPix International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

LogiPix 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
LogiPix International (LPIX) has a Interest Coverage of No Debt (1) as of Aug. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on LogiPix International and its competitors.
Is LogiPix International's Interest Coverage too high?
LogiPix International's current Interest Coverage is No Debt (1). Overall, LogiPix International has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does LogiPix International's Interest Coverage compare to TT and CARR?
LogiPix International's Interest Coverage of No Debt (1) can be compared against companies in the Construction industry. The industry median Interest Coverage is 7.87. 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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 LogiPix International and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LogiPix International'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 LogiPix International stock overvalued right now?
LogiPix International (LPIX) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). LogiPix International's overall GF Score™ is 35/100. 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 LogiPix International (LPIX), the current Interest Coverage is No Debt (1) as of Aug. 2023. 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.

LogiPix International Business Description

Address 800 East Leigh Street, Suite 11, Richmond, VA, USA, 23219
LogiPix International Corp is a technological company. Its product offering includes Security Surveillance and Detection technology combining ultra-high resolution panorama cameras with Artificial Intelligence. Its solutions support detection, tracking, and situational awareness for applications such as commercial and military infrastructure, airport operations, and border monitoring.
35GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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