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Sense Technologies (Sense Technologies) Interest Coverage : 0 (At Loss) (As of Nov. 2016)


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What is Sense Technologies 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. Sense Technologies's Operating Income for the three months ended in Nov. 2016 was $-0.05 Mil. Sense Technologies's Interest Expense for the three months ended in Nov. 2016 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.

The historical rank and industry rank for Sense Technologies's Interest Coverage or its related term are showing as below:


SNSGF's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.745
* 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.


Sense Technologies Interest Coverage Historical Data

The historical data trend for Sense Technologies'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.

Sense Technologies Interest Coverage Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Interest Coverage
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Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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Competitive Comparison of Sense Technologies's Interest Coverage

For the Auto Parts subindustry, Sense Technologies'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.


Sense Technologies's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's Interest Coverage distribution charts can be found below:

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



Sense Technologies 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.

Sense Technologies's Interest Coverage for the fiscal year that ended in Feb. 2016 is calculated as

Here, for the fiscal year that ended in Feb. 2016, Sense Technologies's Interest Expense was $-0.19 Mil. Its Operating Income was $-0.24 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.06 Mil.

Sense Technologies did not have earnings to cover the interest expense.

Sense Technologies's Interest Coverage for the quarter that ended in Nov. 2016 is calculated as

Here, for the three months ended in Nov. 2016, Sense Technologies's Interest Expense was $-0.13 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.08 Mil.

Sense Technologies 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.


Sense Technologies  (OTCPK:SNSGF) 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 .


Sense Technologies Interest Coverage Related Terms

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


Sense Technologies (Sense Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

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