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Point of Care Nano-Technology (Point of Care Nano-Technology) Interest Coverage : No Debt (1) (As of Apr. 2023)


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What is Point of Care Nano-Technology 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. Point of Care Nano-Technology's Operating Income for the three months ended in Apr. 2023 was $-0.01 Mil. Point of Care Nano-Technology's Interest Expense for the three months ended in Apr. 2023 was $0.00 Mil. Point of Care Nano-Technology 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 Point of Care Nano-Technology's Interest Coverage or its related term are showing as below:


PCNT's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.59
* 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.


Point of Care Nano-Technology Interest Coverage Historical Data

The historical data trend for Point of Care Nano-Technology'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.

Point of Care Nano-Technology Interest Coverage Chart

Point of Care Nano-Technology Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul21 Jul22
Interest Coverage
Get a 7-Day Free Trial - - - No Debt No Debt

Point of Care Nano-Technology Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Point of Care Nano-Technology's Interest Coverage

For the Packaged Foods subindustry, Point of Care Nano-Technology'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.


Point of Care Nano-Technology's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Point of Care Nano-Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Point of Care Nano-Technology's Interest Coverage falls into.



Point of Care Nano-Technology 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.

Point of Care Nano-Technology's Interest Coverage for the fiscal year that ended in Jul. 2022 is calculated as

Here, for the fiscal year that ended in Jul. 2022, Point of Care Nano-Technology's Interest Expense was $0.00 Mil. Its Operating Income was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Point of Care Nano-Technology had no debt (1).

Point of Care Nano-Technology's Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Here, for the three months ended in Apr. 2023, Point of Care Nano-Technology's Interest Expense was $0.00 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Point of Care Nano-Technology 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.


Point of Care Nano-Technology  (OTCPK:PCNT) 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 .


Point of Care Nano-Technology Interest Coverage Related Terms

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Point of Care Nano-Technology (Point of Care Nano-Technology) Business Description

Traded in Other Exchanges
N/A
Address
109 Ambersweet Way, Davenport, FL, USA, 33897
Website
Point of Care Nano-Technology Inc is in the business of Licensing of Pet Food product.

Point of Care Nano-Technology (Point of Care Nano-Technology) Headlines

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