OPMZ (1PM Industries) Interest Coverage: 0.08 (As of Nov. 2017)


What is 1PM Industries Interest Coverage?

1PM Industries OPMZ -90.00% Interest Coverage is 0.08 as of Nov. 2017.

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. 1PM Industries's Operating Income for the three months ended in Nov. 2017 was $0.03 Mil. 1PM Industries's Interest Expense for the three months ended in Nov. 2017 was $-0.30 Mil. 1PM Industries's interest coverage for the quarter that ended in Nov. 2017 was 0.08. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for 1PM Industries's Interest Coverage or its related term are showing as below:


OPMZ's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6
* 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.

1PM Industries  (OTCPK:OPMZ) 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 .

1PM Industries Interest Coverage Related Terms

1PM Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for 1PM Industries'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.

1PM Industries Interest Coverage Chart

1PM Industries Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Feb15 Feb16 Feb17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A No Debt N/A 0.00 0.00

1PM Industries Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 0.00 0.00 0.00 0.36 0.08

1PM Industries Interest Coverage Competitor Comparison

For the Packaged Foods subindustry, 1PM Industries'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.

1PM Industries Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, 1PM Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where 1PM Industries's Interest Coverage falls into.


1PM Industries 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.

1PM Industries's Interest Coverage for the fiscal year that ended in Feb. 2017 is calculated as

Here, for the fiscal year that ended in Feb. 2017, 1PM Industries's Interest Expense was $-0.45 Mil. Its Operating Income was $-0.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.17 Mil.

1PM Industries did not have earnings to cover the interest expense.

1PM Industries's Interest Coverage for the quarter that ended in Nov. 2017 is calculated as

Here, for the three months ended in Nov. 2017, 1PM Industries's Interest Expense was $-0.30 Mil. Its Operating Income was $0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2017 )/Interest Expense (Q: Nov. 2017 )
=-1*0.025/-0.302
=0.08

* 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 0.08 mean?
1PM Industries (OPMZ) has a Interest Coverage of 0.08 as of Nov. 2017. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on 1PM Industries and its competitors.
Is 1PM Industries' Interest Coverage too high?
1PM Industries' current Interest Coverage is 0.08. The Consumer Packaged Goods industry median Interest Coverage is 8.60. 1PM Industries' value of 0.08 is 99.1% below this industry median.
How does 1PM Industries' Interest Coverage compare to competitors?
1PM Industries' Interest Coverage of 0.08 can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.60. 1PM Industries' value of 0.08 is 99.1% below this benchmark. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,505 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. 1PM Industries's current Interest Coverage of 0.08 is 99.1% below the industry median. 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 1PM Industries and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1PM Industries's current Interest Coverage is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1PM Industries stock overvalued right now?
1PM Industries (OPMZ) has a current Interest Coverage of 0.08. The current Interest Coverage is 0.08 and 99.1% below the Consumer Packaged Goods industry median of 8.60. 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 1PM Industries (OPMZ), the current Interest Coverage is 0.08 as of Nov. 2017. 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.

1PM Industries Business Description

Address 312 S Beverly Drive, Number. 3401, Beverly Hills, CA, USA, 90212
1PM Industries Inc provides consulting services to a wide variety of companies in diverse industries. Its target companies are in the startup phase of their operations.