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PVSP (Pervasip) Interest Coverage : 0 (At Loss) (As of Aug. 2016)


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What is Pervasip 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. Pervasip's Operating Income for the three months ended in Aug. 2016 was $-0.19 Mil. Pervasip's Interest Expense for the three months ended in Aug. 2016 was $-0.16 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 Pervasip's Interest Coverage or its related term are showing as below:


PVSP's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.42
* 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.


Pervasip Interest Coverage Historical Data

The historical data trend for Pervasip'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.

Pervasip Interest Coverage Chart

Pervasip Annual Data
Trend Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15
Interest Coverage
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Pervasip Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
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Competitive Comparison of Pervasip's Interest Coverage

For the Advertising Agencies subindustry, Pervasip'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.


Pervasip's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pervasip's Interest Coverage distribution charts can be found below:

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


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Pervasip 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.

Pervasip's Interest Coverage for the fiscal year that ended in Nov. 2015 is calculated as

Here, for the fiscal year that ended in Nov. 2015, Pervasip's Interest Expense was $-1.41 Mil. Its Operating Income was $-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.41 Mil.

Pervasip did not have earnings to cover the interest expense.

Pervasip's Interest Coverage for the quarter that ended in Aug. 2016 is calculated as

Here, for the three months ended in Aug. 2016, Pervasip's Interest Expense was $-0.16 Mil. Its Operating Income was $-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.45 Mil.

Pervasip 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.


Pervasip  (OTCPK:PVSP) 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 .


Pervasip Interest Coverage Related Terms

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


Pervasip Business Description

Traded in Other Exchanges
N/A
Address
89 Yesler Way, Suite 403, Seattle, WA, USA, 98104
Pervasip Corp principal activities include investing in the development of new technologies and key partnerships within the industrial agriculture sector. The company is working on creating solutions that significantly enhance crop yields and optimize resource utilization. The organization is leveraging proprietary and licensed technologies, coupled with artificial intelligence, to refine biological input strategies and accelerate the development of sustainable agricultural practices.
Executives
Kevin Kreisler other: Officer of subsidiary P.O. BOX 284, MT. ARLINGTON NJ 07856
Flux Carbon Corp 10 percent owner 5950 SHILOH ROAD EAST, SUITE N, ALPHARETTA GA 30005
Scott Robert Widham director BROADWING CORPORATION, 1122 CAPITAL OF TEXAS HIGHWAY SOUTH, AUSTIN TX 78746
Cherian Mathai director 2-01 50TH STREET, APARTMENT 4 C, LONG ISLAND CITY NY 11101
S Miller Williams director C/O WILLBROS USA INC, 4400 POST OAK PARKWAY SUITE 1000, HOUSTON TX 77027
Gayle L Greer director P O BOX 840 STE 300, DENVER CO 80201
Michael H Khalilian director, officer: Chief Technology Officer 478 E. ALTAMONTE DRIVE, SUITE 108-480, ALTAMONTE SPRINGS FL 32701
Mark Richards other: President of subsidiary 118 CELEBRATION BLVD., CELEBRATION FL 34747
Greg M Cooper director
Paul H Riss director, officer: Chief Executive Officer, other: Chief Financial Officer
Joel Dupre director C/O CORDIA CORP, 445 HAMILTON AVENUE, SUITE 408, WHITE PLAINS NY 10601

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