TKCI (Turnkey Capital) Interest Coverage: No Debt (1) (As of Sep. 2020)


What is Turnkey Capital Interest Coverage?

Turnkey Capital TKCI -0.68% Interest Coverage is No Debt (1) as of Sep. 2020.

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. Turnkey Capital's Operating Income for the three months ended in Sep. 2020 was $-0.10 Mil. Turnkey Capital's Interest Expense for the three months ended in Sep. 2020 was $0.00 Mil. Turnkey Capital has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


TKCI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 24.65
* 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.

Turnkey Capital  (OTCPK:TKCI) 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 .

Turnkey Capital Interest Coverage Related Terms

Turnkey Capital Interest Coverage Historical Data

* Premium members only.

The historical data trend for Turnkey Capital'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.

Turnkey Capital Interest Coverage Chart

Turnkey Capital Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Turnkey Capital Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 No Debt No Debt No Debt

TKCI vs USBL, STQN, KRBF: Interest Coverage Comparison

For the Software - Application subindustry, Turnkey Capital'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.

Turnkey Capital Interest Coverage vs Software Industry

For the Software industry and Technology sector, Turnkey Capital's Interest Coverage distribution charts can be found below:

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


Turnkey Capital 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.

Turnkey Capital's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Turnkey Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Turnkey Capital had no debt (1).

Turnkey Capital's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Here, for the three months ended in Sep. 2020, Turnkey Capital's Interest Expense was $0.00 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Turnkey Capital had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Turnkey Capital (TKCI) has a Interest Coverage of No Debt (1) as of Sep. 2020. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Turnkey Capital and its competitors.
Is Turnkey Capital's Interest Coverage too high?
Turnkey Capital's current Interest Coverage is No Debt (1).
How does Turnkey Capital's Interest Coverage compare to USBL and STQN?
Turnkey Capital's Interest Coverage of No Debt (1) can be compared against companies in the Software industry. The industry median Interest Coverage is 24.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Turnkey Capital and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnkey Capital's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnkey Capital stock overvalued right now?
Turnkey Capital (TKCI) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Turnkey Capital (TKCI), the current Interest Coverage is No Debt (1) as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Turnkey Capital Business Description

Address 29970 Technology Drive, Suite 219, Murrieta, CA, USA, 92563
Turnkey Capital Inc creates automated platforms with machine-learning, adaptive, and artificial intelligence for the consumer. The company has created an Adaptive Intelligence platform dedicated to developing and deploying security solutions and cutting-edge technologies to safeguard America's national security and protect consumers across the world. Its Adaptive Intelligence solutions are designed to adapt to various devices and applications, providing tailor-made security experiences for each user. The company's principal product is the Aedan Security application, an adaptive intelligence-powered security solution designed to protect data, defend privacy, and optimize the performance of the user's devices.