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PLSB (Pulse Beverage) Interest Coverage : 0 (At Loss) (As of Sep. 2017)


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What is Pulse Beverage 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. Pulse Beverage's Operating Income for the three months ended in Sep. 2017 was $-0.37 Mil. Pulse Beverage's Interest Expense for the three months ended in Sep. 2017 was $-0.07 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 Pulse Beverage's Interest Coverage or its related term are showing as below:


PLSB's Interest Coverage is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 14.085
* 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.


Pulse Beverage Interest Coverage Historical Data

The historical data trend for Pulse Beverage'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.

Pulse Beverage Interest Coverage Chart

Pulse Beverage Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt - - -

Pulse Beverage Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - - - -

Competitive Comparison of Pulse Beverage's Interest Coverage

For the Beverages - Non-Alcoholic subindustry, Pulse Beverage'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.


Pulse Beverage's Interest Coverage Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Pulse Beverage's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pulse Beverage's Interest Coverage falls into.


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Pulse Beverage 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.

Pulse Beverage's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Pulse Beverage's Interest Expense was $-0.92 Mil. Its Operating Income was $-1.51 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Pulse Beverage did not have earnings to cover the interest expense.

Pulse Beverage's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, Pulse Beverage's Interest Expense was $-0.07 Mil. Its Operating Income was $-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Pulse Beverage 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.


Pulse Beverage  (GREY:PLSB) 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 .


Pulse Beverage Interest Coverage Related Terms

Thank you for viewing the detailed overview of Pulse Beverage's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Pulse Beverage Business Description

Traded in Other Exchanges
N/A
Address
11678 North Huron Street, Northglenn, CO, USA, 80234
Pulse Beverage Corp is a Colorado based beverage company. It is engaged in the manufacturing and distribution of Natural Cabana lemonade, limeade, and coconut water. The company has aggregated its operations into one reportable segment, Non-carbonated Beverages; and one reportable geographic segment: North America. The company produces, markets, sells and distributes its brands through its strategic regional and international distribution system.