UNDR (UnderSea Recovery) Interest Coverage: No Debt (1) (As of Jan. 2006)


What is UnderSea Recovery Interest Coverage?

UnderSea Recovery UNDR Interest Coverage is No Debt (1) as of Jan. 2006.

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. UnderSea Recovery's Operating Income for the three months ended in Jan. 2006 was $-0.14 Mil. UnderSea Recovery's Interest Expense for the three months ended in Jan. 2006 was $0.00 Mil. UnderSea Recovery 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 UnderSea Recovery's Interest Coverage or its related term are showing as below:


UNDR's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 12.98
* 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.

UnderSea Recovery  (OTCPK:UNDR) 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 .

UnderSea Recovery Interest Coverage Related Terms

UnderSea Recovery Interest Coverage Historical Data

* Premium members only.

The historical data trend for UnderSea Recovery'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.

UnderSea Recovery Interest Coverage Chart

UnderSea Recovery Annual Data
Trend Dec99 Dec00 Apr02 Apr03 Apr04 Apr05
Interest Coverage
Get a 7-Day Free Trial N/A N/A N/A No Debt No Debt

UnderSea Recovery Quarterly Data
Mar01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06
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

UNDR vs IVFZF, PPMT, ASAE: Interest Coverage Comparison

For the Specialty Business Services subindustry, UnderSea Recovery'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.

UnderSea Recovery Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, UnderSea Recovery's Interest Coverage distribution charts can be found below:

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


UnderSea Recovery 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.

UnderSea Recovery's Interest Coverage for the fiscal year that ended in Apr. 2005 is calculated as

Here, for the fiscal year that ended in Apr. 2005, UnderSea Recovery's Interest Expense was $0.00 Mil. Its Operating Income was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

UnderSea Recovery had no debt (1).

UnderSea Recovery's Interest Coverage for the quarter that ended in Jan. 2006 is calculated as

Here, for the three months ended in Jan. 2006, UnderSea Recovery's Interest Expense was $0.00 Mil. Its Operating Income was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

UnderSea Recovery 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?
UnderSea Recovery (UNDR) has a Interest Coverage of No Debt (1) as of Jan. 2006. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on UnderSea Recovery and its competitors.
Is UnderSea Recovery's Interest Coverage too high?
UnderSea Recovery's current Interest Coverage is No Debt (1).
How does UnderSea Recovery's Interest Coverage compare to IVFZF and PPMT?
UnderSea Recovery's Interest Coverage of No Debt (1) can be compared against companies in the Business Services industry. The industry median Interest Coverage is 12.98. 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 Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 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 UnderSea Recovery and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UnderSea Recovery'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 UnderSea Recovery stock overvalued right now?
UnderSea Recovery (UNDR) 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 UnderSea Recovery (UNDR), the current Interest Coverage is No Debt (1) as of Jan. 2006. 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.

UnderSea Recovery Business Description

Address 2409 Chastain Drive, Atlanta, GA, USA, 30342
UnderSea Recovery Corp is a business service provider. The company is engaged in utilizing personnel and specialized vessels and equipment to engage in deep water search and recovery operations for historic shipwrecks.