Octopus Biosafety (STU:OCR) Interest Coverage : 0 (At Loss) (As of Jun. 2016)

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What is Octopus Biosafety 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. Octopus Biosafety's Operating Income for the six months ended in Jun. 2016 was €-0.02 Mil. Octopus Biosafety's Interest Expense for the six months ended in Jun. 2016 was €-0.01 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 Octopus Biosafety's Interest Coverage or its related term are showing as below:

STU:OCR's Interest Coverage is not ranked ^*
in the Hardware industry.
Industry Median: 12.685
* 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.

Octopus Biosafety Interest Coverage Historical Data

The historical data trend for Octopus Biosafety'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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Octopus Biosafety Interest Coverage Chart

Octopus Biosafety Annual Data

Trend

Jun14

Jun15

Interest Coverage

4.38

1.83

Octopus Biosafety Semi-Annual Data
	Jun14	Jun15	Jun16
Interest Coverage	4.38	1.83	-

Competitive Comparison of Octopus Biosafety's Interest Coverage

For the Computer Hardware subindustry, Octopus Biosafety'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.

Octopus Biosafety's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Octopus Biosafety's Interest Coverage distribution charts can be found below:

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

Octopus Biosafety 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.

Octopus Biosafety's Interest Coverage for the fiscal year that ended in Jun. 2015 is calculated as

Here, for the fiscal year that ended in Jun. 2015, Octopus Biosafety's Interest Expense was €-0.01 Mil. Its Operating Income was €0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.17 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2015 )	/	Interest Expense (A: Jun. 2015 )
	=	-1	*	0.011	/	-0.006
	=	1.83

Octopus Biosafety's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Here, for the six months ended in Jun. 2016, Octopus Biosafety's Interest Expense was €-0.01 Mil. Its Operating Income was €-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.15 Mil.

Octopus Biosafety did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Octopus Biosafety (STU:OCR) 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 .

Octopus Biosafety Interest Coverage Related Terms

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

Octopus Biosafety (STU:OCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Octopus Biosafety (STU:OCR) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 rue Saint Pierre, Cholet, FRA, 49300

Website

http://www.octopusrobots.com

Octopus Biosafety is engaged in the design, manufacture and marketing of mobile, autonomous, intelligent and modular robots for use in Agro-food sector, Healthcare sector, Defense sector, Civil Protection sector, and Surveillance and Transport sector.

Octopus Biosafety (STU:OCR) Headlines

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