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UVFT (UV Flu Technologies) Interest Coverage : 0 (At Loss) (As of Mar. 2016)


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What is UV Flu Technologies 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. UV Flu Technologies's Operating Income for the three months ended in Mar. 2016 was $-0.09 Mil. UV Flu Technologies's Interest Expense for the three months ended in Mar. 2016 was $-0.03 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 UV Flu Technologies's Interest Coverage or its related term are showing as below:


UVFT's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.66
* 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.


UV Flu Technologies Interest Coverage Historical Data

The historical data trend for UV Flu Technologies'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.

UV Flu Technologies Interest Coverage Chart

UV Flu Technologies Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Interest Coverage
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UV Flu Technologies Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - - - -

Competitive Comparison of UV Flu Technologies's Interest Coverage

For the Pollution & Treatment Controls subindustry, UV Flu Technologies'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.


UV Flu Technologies's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, UV Flu Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where UV Flu Technologies's Interest Coverage falls into.


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UV Flu Technologies 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.

UV Flu Technologies's Interest Coverage for the fiscal year that ended in Sep. 2015 is calculated as

Here, for the fiscal year that ended in Sep. 2015, UV Flu Technologies's Interest Expense was $-0.06 Mil. Its Operating Income was $-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

UV Flu Technologies did not have earnings to cover the interest expense.

UV Flu Technologies's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Here, for the three months ended in Mar. 2016, UV Flu Technologies's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

UV Flu Technologies 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.


UV Flu Technologies  (OTCPK:UVFT) 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 .


UV Flu Technologies Interest Coverage Related Terms

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


UV Flu Technologies Business Description

Traded in Other Exchanges
N/A
Address
250 Parkway Drive, Suite 150, Lincolnshire, IL, USA, 60069
UV Flu Technologies Inc is a manufacturer of the finest air purification systems. In addition, it also acts as a developer, manufacturer, and distributor of biotechnology products targeting the rapidly growing Indoor Air Quality industry sector. The company's flagship product is the ViraTech-RX-400 model which utilizes high-intensity germicidal ultraviolet radiation inside a killing chamber that goes beyond filtering to destroy harmful bacteria. All of UV Flu's products are manufactured in the United States of America.

UV Flu Technologies Headlines

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