Riviera Tool Co (Riviera Tool Co) Interest Coverage : N/A (As of Nov. 2006)

Riviera Tool Co Interest Coverage Chart

Riviera Tool Co Annual Data
	Trend	Aug97	Aug98	Aug99	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06
Interest Coverage		Get a 7-Day Free Trial					No Debt	N/A	N/A	N/A	N/A

Riviera Tool Co Quarterly Data
	Feb02	May02	Aug02	Nov02	Feb03	May03	Aug03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06
Interest Coverage	Get a 7-Day Free Trial															N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Riviera Tool Co's Interest Coverage

For the Metal Fabrication subindustry, Riviera Tool Co'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.

Riviera Tool Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riviera Tool Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Riviera Tool Co's Interest Coverage falls into.

Riviera Tool Co 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Riviera Tool Co's Interest Coverage for the fiscal year that ended in Aug. 2006 is calculated as

Here, for the fiscal year that ended in Aug. 2006, Riviera Tool Co's Interest Expense was $0.00 Mil. Its Operating Income was $0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $11.00 Mil.

Riviera Tool Co's Interest Coverage for the quarter that ended in Nov. 2006 is calculated as

Here, for the three months ended in Nov. 2006, Riviera Tool Co's Interest Expense was $0.00 Mil. Its Operating Income was $0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $9.79 Mil.

* 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.

Riviera Tool Co  (OTCPK:RIVT) 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 .

Riviera Tool Co Interest Coverage Related Terms

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

Riviera Tool Co (Riviera Tool Co) Business Description