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PrimeCare Systems (PrimeCare Systems) Interest Coverage : N/A (As of Mar. 2011)


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What is PrimeCare Systems 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. PrimeCare Systems's Operating Income for the three months ended in Mar. 2011 was $-0.09 Mil. PrimeCare Systems's Interest Expense for the three months ended in Mar. 2011 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PrimeCare Systems's Interest Coverage or its related term are showing as below:


PCYS's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.91
* 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.


PrimeCare Systems Interest Coverage Historical Data

The historical data trend for PrimeCare Systems'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.

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PrimeCare Systems Interest Coverage Chart

PrimeCare Systems Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Interest Coverage
No Debt No Debt - - -

PrimeCare Systems Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 N/A - N/A N/A N/A

Competitive Comparison of PrimeCare Systems's Interest Coverage

For the Health Information Services subindustry, PrimeCare Systems'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.


PrimeCare Systems's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PrimeCare Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PrimeCare Systems's Interest Coverage falls into.



PrimeCare Systems 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.

PrimeCare Systems's Interest Coverage for the fiscal year that ended in Jun. 2010 is calculated as

Here, for the fiscal year that ended in Jun. 2010, PrimeCare Systems's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.18 Mil.

PrimeCare Systems did not have earnings to cover the interest expense.

PrimeCare Systems's Interest Coverage for the quarter that ended in Mar. 2011 is calculated as

Here, for the three months ended in Mar. 2011, PrimeCare Systems's Interest Expense was $0.00 Mil. Its Operating Income was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.18 Mil.

GuruFocus does not calculate PrimeCare Systems's interest coverage with the available data.

* 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.


PrimeCare Systems  (OTCPK:PCYS) 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 .


PrimeCare Systems Interest Coverage Related Terms

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PrimeCare Systems (PrimeCare Systems) Business Description

Traded in Other Exchanges
N/A
Address
610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606
PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

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