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Valentine Mark (Valentine Mark) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Valentine Mark 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. Valentine Mark's Operating Income for the three months ended in . 20 was $0.00 Mil. Valentine Mark's Interest Expense for the three months ended in . 20 was $0.00 Mil. did not have earnings to cover the interest expense. 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 Valentine Mark's Interest Coverage or its related term are showing as below:


VTMC's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.555
* 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.


Valentine Mark Interest Coverage Historical Data

The historical data trend for Valentine Mark'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.

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Valentine Mark Interest Coverage Chart

Valentine Mark Annual Data
Trend
Interest Coverage

Valentine Mark Quarterly Data
Interest Coverage

Competitive Comparison of Valentine Mark's Interest Coverage

For the Asset Management subindustry, Valentine Mark'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.


Valentine Mark's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Valentine Mark's Interest Coverage distribution charts can be found below:

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



Valentine Mark 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.

Valentine Mark's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Valentine Mark'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.

Valentine Mark had no debt (1).

Valentine Mark's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Valentine Mark'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.

Valentine Mark 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.


Valentine Mark  (OTCPK:VTMC) 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 .


Valentine Mark Interest Coverage Related Terms

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Valentine Mark (Valentine Mark) Business Description

Traded in Other Exchanges
N/A
Address
55 West 47 Street, Suite 425, New York, NY, USA, 10036
Valentine Mark Corp (VTMC) is a parent company with an interest in Patented Products and their development, Real Estate Investments and developments, and Multiple Products developments. It has acquired several Patents and Trademarks and is committed to develop and introduce revolutionary and patented products to the consumers. The company is also focused on the transformation of undervalued and growth companies in various industries including intellectual property, precious metals, and real estate. VTMC has affiliates and potential partners in Europe, Asia, and the Middle East.

Valentine Mark (Valentine Mark) Headlines

From GuruFocus

VTMC Latest Devevopments Dated: 04-12-2019

By ACCESSWIRE AccessWire 04-12-2019