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Tarsier (Tarsier) Interest Coverage : 0 (At Loss) (As of Aug. 2023)


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What is Tarsier 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. Tarsier's Operating Income for the three months ended in Aug. 2023 was $-0.02 Mil. Tarsier's Interest Expense for the three months ended in Aug. 2023 was $-0.04 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 Tarsier's Interest Coverage or its related term are showing as below:


TAER's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.61
* 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.


Tarsier Interest Coverage Historical Data

The historical data trend for Tarsier'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.

Tarsier Interest Coverage Chart

Tarsier Annual Data
Trend Sep08 Sep09 Sep10 May12 May13 May14 May15 May22 May23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 18.13 No Debt No Debt - -

Tarsier Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 Nov21 May22 Nov22 May23 Aug23
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 Premium Member Only - No Debt - No Debt -

Competitive Comparison of Tarsier's Interest Coverage

For the Farm Products subindustry, Tarsier'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.


Tarsier's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tarsier's Interest Coverage distribution charts can be found below:

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



Tarsier 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.

Tarsier's Interest Coverage for the fiscal year that ended in May. 2023 is calculated as

Here, for the fiscal year that ended in May. 2023, Tarsier's Interest Expense was $-0.15 Mil. Its Operating Income was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tarsier did not have earnings to cover the interest expense.

Tarsier's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the three months ended in Aug. 2023, Tarsier's Interest Expense was $-0.04 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Tarsier 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.


Tarsier  (OTCPK:TAER) 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 .


Tarsier Interest Coverage Related Terms

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


Tarsier (Tarsier) Business Description

Traded in Other Exchanges
N/A
Address
750 Lexington Avenue, New York, NY, USA, 10022
Tarsier Ltd through its wholly owned subsidiary operates as an agribusiness and food company. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products as well as grains, and processes oilseeds into vegetable oils and protein meals. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that include cooking oils, shortenings, margarines, mayonnaise, and other products. The Milling segment provides wheat flour and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, flaking and brewer's grits, and other products.
Executives
Isaac H Sutton director, officer: Chief Executive Officer 475 PARK AVENUE SOUTH, 30TH FLOOR, NEW YORK NY 10016
Wenjun Li officer: Chief Marketing Officer 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Zhiqiang Zhou officer: CTO 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Liuzhi Gan officer: CFO 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Shudong Pan director, 10 percent owner, officer: CEO 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Xinmei Li director 51 HUILINGXI ROAD, ZHOUHUIZHENG, WUJIN DISTRICT, CHANGZHOU, JIANGSI PROVINCE F4 213022
Yi Guo officer: Vice President 2656 MCBAIN AVENUE, VANCOUVER A1 V6L2C8
Huakang Zhou 10 percent owner 18 QUAIL RUN, WARREN NJ 07059

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