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SCRCQ (ScripsAmerica) Interest Coverage : 0 (At Loss) (As of Mar. 2015)


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What is ScripsAmerica 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. ScripsAmerica's Operating Income for the three months ended in Mar. 2015 was $-0.13 Mil. ScripsAmerica's Interest Expense for the three months ended in Mar. 2015 was $-0.06 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 ScripsAmerica's Interest Coverage or its related term are showing as below:


SCRCQ's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.19
* 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.


ScripsAmerica Interest Coverage Historical Data

The historical data trend for ScripsAmerica'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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ScripsAmerica Interest Coverage Chart

ScripsAmerica Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
2.41 - - - -

ScripsAmerica Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 - - 17.94 - -

Competitive Comparison of ScripsAmerica's Interest Coverage

For the Pharmaceutical Retailers subindustry, ScripsAmerica'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.


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

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

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


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ScripsAmerica 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.

ScripsAmerica's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, ScripsAmerica's Interest Expense was $-0.31 Mil. Its Operating Income was $-3.81 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.07 Mil.

ScripsAmerica did not have earnings to cover the interest expense.

ScripsAmerica's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Here, for the three months ended in Mar. 2015, ScripsAmerica's Interest Expense was $-0.06 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.73 Mil.

ScripsAmerica 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.


ScripsAmerica  (OTCPK:SCRCQ) 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 .


ScripsAmerica Interest Coverage Related Terms

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ScripsAmerica Business Description

Traded in Other Exchanges
N/A
Address
1650 Tysons Boulevard, Tysons Corner, NJ, USA, 22102
ScripsAmerica Inc is a provider of pharmaceutical supply chain management. The company is engaged in sale and compounding of non-sterile topical and transdermal pain creams, wholesale services to independent pharmacies and other medical providers, pharmacy dispensing services, and billing and administrative services.
Executives
Lewis William Austin Iv director 201 E 87TH STREET, APT 5H, NEW YORK NY 10128

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