MOBO (Mobile Lads) Interest Coverage: No Debt (1) (As of Jul. 2016)


What is Mobile Lads Interest Coverage?

Mobile Lads MOBO Interest Coverage is No Debt (1) as of Jul. 2016.

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. Mobile Lads's Operating Income for the three months ended in Jul. 2016 was $-0.64 Mil. Mobile Lads's Interest Expense for the three months ended in Jul. 2016 was $0.00 Mil. Mobile Lads 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 Mobile Lads's Interest Coverage or its related term are showing as below:


MOBO's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.73
* 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.

Mobile Lads  (OTCPK:MOBO) 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 .

Mobile Lads Interest Coverage Related Terms

Mobile Lads Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mobile Lads'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.

Mobile Lads Interest Coverage Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Interest Coverage
No Debt No Debt No Debt

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 No Debt 0.00 0.00 No Debt

MOBO vs DLOC, KNIT: Interest Coverage Comparison

For the Consumer Electronics subindustry, Mobile Lads'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.

Mobile Lads Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Mobile Lads's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mobile Lads's Interest Coverage falls into.


Mobile Lads 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.

Mobile Lads's Interest Coverage for the fiscal year that ended in Apr. 2015 is calculated as

Here, for the fiscal year that ended in Apr. 2015, Mobile Lads's Interest Expense was $0.00 Mil. Its Operating Income was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mobile Lads had no debt (1).

Mobile Lads's Interest Coverage for the quarter that ended in Jul. 2016 is calculated as

Here, for the three months ended in Jul. 2016, Mobile Lads's Interest Expense was $0.00 Mil. Its Operating Income was $-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mobile Lads 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?
Mobile Lads (MOBO) has a Interest Coverage of No Debt (1) as of Jul. 2016. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mobile Lads and its competitors.
Is Mobile Lads' Interest Coverage too high?
Mobile Lads' current Interest Coverage is No Debt (1).
How does Mobile Lads' Interest Coverage compare to DLOC and KNIT?
Mobile Lads' Interest Coverage of No Debt (1) can be compared against companies in the Hardware industry. The industry median Interest Coverage is 13.73. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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 Mobile Lads and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobile Lads'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 Mobile Lads stock overvalued right now?
Mobile Lads (MOBO) 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 Mobile Lads (MOBO), the current Interest Coverage is No Debt (1) as of Jul. 2016. 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.

Mobile Lads Business Description

Address 2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.