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Conforce International (Conforce International) Interest Coverage : 0 (At Loss) (As of Sep. 2012)


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What is Conforce 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. Conforce International's Operating Income for the three months ended in Sep. 2012 was $-0.58 Mil. Conforce International's Interest Expense for the three months ended in Sep. 2012 was $-0.02 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 Conforce International's Interest Coverage or its related term are showing as below:


CFRI's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.04
* 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.


Conforce International Interest Coverage Historical Data

The historical data trend for Conforce 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.

Conforce International Interest Coverage Chart

Conforce International Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Interest Coverage
- - - -

Conforce International Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - -

Competitive Comparison of Conforce International's Interest Coverage

For the Building Products & Equipment subindustry, Conforce 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.


Conforce International's Interest Coverage Distribution in the Construction Industry

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

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



Conforce 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.

Conforce International's Interest Coverage for the fiscal year that ended in Mar. 2012 is calculated as

Here, for the fiscal year that ended in Mar. 2012, Conforce International's Interest Expense was $-0.09 Mil. Its Operating Income was $-3.80 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.48 Mil.

Conforce International did not have earnings to cover the interest expense.

Conforce International's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

Here, for the three months ended in Sep. 2012, Conforce International's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.42 Mil.

Conforce International 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.


Conforce International  (OTCPK:CFRI) 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 .


Conforce International Interest Coverage Related Terms

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Conforce International (Conforce International) Business Description

Traded in Other Exchanges
N/A
Address
51A Caldari Road, 2nd Floor, Concord, ON, CAN, L4K 4G3
Conforce International Inc is a United States based company, through its subsidiary, is engaged in the development of polymer-based composite flooring system for the transportation industry trademarked under the name EKO-FLOR. The product offered by the company is designed for container and highway trailer.

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