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Quantum Capital (Quantum Capital) Interest Coverage : 0 (At Loss) (As of Sep. 2011)


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What is Quantum Capital 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. Quantum Capital's Operating Income for the three months ended in Sep. 2011 was $-0.70 Mil. Quantum Capital's Interest Expense for the three months ended in Sep. 2011 was $-0.13 Mil. did not have earnings to cover the interest expense. 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 Quantum Capital's Interest Coverage or its related term are showing as below:


QTCI's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 65.845
* 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.


Quantum Capital Interest Coverage Historical Data

The historical data trend for Quantum Capital'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.

Quantum Capital Interest Coverage Chart

Quantum Capital Annual Data
Trend Jun10
Interest Coverage
No Debt

Quantum Capital Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt No Debt - - -

Competitive Comparison of Quantum Capital's Interest Coverage

For the Credit Services subindustry, Quantum Capital'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.


Quantum Capital's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Quantum Capital's Interest Coverage distribution charts can be found below:

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



Quantum Capital 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.

Quantum Capital'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, Quantum Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Quantum Capital had no debt (1).

Quantum Capital's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Here, for the three months ended in Sep. 2011, Quantum Capital's Interest Expense was $-0.13 Mil. Its Operating Income was $-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.89 Mil.

Quantum Capital 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.


Quantum Capital  (OTCPK:QTCI) 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 .


Quantum Capital Interest Coverage Related Terms

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


Quantum Capital (Quantum Capital) Business Description

Traded in Other Exchanges
N/A
Address
3430 E. Russell Road, Springhill, Las Vegas, NV, USA, 8249
Quantum Capital Inc is an Australian company. The company owns Loan Base Pty Ltd, an Australian company with the mission of providing clients with personalized lending solutions that achieve their goals through premium, online, exclusive, convenient, and tailored lending solutions intermediary platforms.