TRKR (Trackeroraton of America) Interest Coverage: No Debt (1) (As of Sep. 2002)


What is Trackeroraton of America Interest Coverage?

Trackeroraton of America TRKR -96.67% Interest Coverage is No Debt (1) as of Sep. 2002.

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. Trackeroraton of America's Operating Income for the three months ended in Sep. 2002 was $0.00 Mil. Trackeroraton of America's Interest Expense for the three months ended in Sep. 2002 was $0.00 Mil. Trackeroraton of America 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 Trackeroraton of America's Interest Coverage or its related term are showing as below:


TRKR's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.73
* 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.

Trackeroraton of America  (OTCPK:TRKR) 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 .

Trackeroraton of America Interest Coverage Related Terms

Trackeroraton of America Interest Coverage Historical Data

* Premium members only.

The historical data trend for Trackeroraton of America'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.

Trackeroraton of America Interest Coverage Chart

Trackeroraton of America Annual Data
Trend Mar99 Mar00 Mar01 Mar02
Interest Coverage
No Debt No Debt No Debt No Debt

Trackeroraton of America Quarterly Data
Mar99 Jun99 Sep99 Dec99 Mar00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Interest Coverage Get a 7-Day Free Trial 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

TRKR vs TDCP, TKSTF, YRLLF: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Trackeroraton of America'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.

Trackeroraton of America Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Trackeroraton of America's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Trackeroraton of America's Interest Coverage falls into.


Trackeroraton of America 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.

Trackeroraton of America's Interest Coverage for the fiscal year that ended in Mar. 2001 is calculated as

Here, for the fiscal year that ended in Mar. 2001, Trackeroraton of America's Interest Expense was $0.00 Mil. Its Operating Income was $-2.95 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Trackeroraton of America had no debt (1).

Trackeroraton of America's Interest Coverage for the quarter that ended in Sep. 2002 is calculated as

Here, for the three months ended in Sep. 2002, Trackeroraton of America's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Trackeroraton of America 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?
Trackeroraton of America (TRKR) has a Interest Coverage of No Debt (1) as of Sep. 2002. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Trackeroraton of America and its competitors.
Is Trackeroraton of America's Interest Coverage too high?
Trackeroraton of America's current Interest Coverage is No Debt (1).
How does Trackeroraton of America's Interest Coverage compare to TDCP and TKSTF?
Trackeroraton of America's Interest Coverage of No Debt (1) can be compared against companies in the Hardware industry. The industry median Interest Coverage is 13.73. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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 Trackeroraton of America and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trackeroraton of America'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 Trackeroraton of America stock overvalued right now?
Trackeroraton of America (TRKR) 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 Trackeroraton of America (TRKR), the current Interest Coverage is No Debt (1) as of Sep. 2002. 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.

Trackeroraton of America Business Description

Address 860 Denison Street, Unit 9, Markham, ON, CAN, L3R 4H1
Tracker Corporaton of America develops and distributes navigational solutions under the brand name TRACKER.COM.