SELECT * FROM `stock_list` WHERE `symbol` = "VVDTF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='VVDTF' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "VVDTF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 VVDTF (Vivid Technology) Interest Coverage
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vivid Technology Ltd (OTCPK:VVDTF) » Definitions » Interest Coverage

Vivid Technology (Vivid Technology) Interest Coverage : 0 (At Loss) (As of Dec. 2018)


View and export this data going back to . Start your Free Trial

What is Vivid Technology 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. Vivid Technology's Operating Income for the six months ended in Dec. 2018 was $-1.92 Mil. Vivid Technology's Interest Expense for the six months ended in Dec. 2018 was $-0.09 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 Vivid Technology's Interest Coverage or its related term are showing as below:


VVDTF's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.005
* 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.


Vivid Technology Interest Coverage Historical Data

The historical data trend for Vivid Technology'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.

Vivid Technology Interest Coverage Chart

Vivid Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt - - -

Vivid Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 Vivid Technology's Interest Coverage

For the Utilities - Renewable subindustry, Vivid Technology'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.


Vivid Technology's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vivid Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vivid Technology's Interest Coverage falls into.



Vivid Technology 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.

Vivid Technology's Interest Coverage for the fiscal year that ended in Jun. 2018 is calculated as

Here, for the fiscal year that ended in Jun. 2018, Vivid Technology's Interest Expense was $-0.06 Mil. Its Operating Income was $-4.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Vivid Technology did not have earnings to cover the interest expense.

Vivid Technology's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Here, for the six months ended in Dec. 2018, Vivid Technology's Interest Expense was $-0.09 Mil. Its Operating Income was $-1.92 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.04 Mil.

Vivid Technology 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.


Vivid Technology  (OTCPK:VVDTF) 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 .


Vivid Technology Interest Coverage Related Terms

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


Vivid Technology (Vivid Technology) Business Description

Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Vivid Technology Ltd is an Australian-based renewable energy company with interests in technology-focused solutions in industrial energy efficiency and CO2-to-fuel conversion markets. The company operates through three segments: Industrial Energy Efficiency which provides lighting solutions to industrial and commercial business in Australia and Pacific Rim, The Technology investment segment includes technology investments or projects; The Other investment segment includes company's previous investment in geothermal activities. The company generates maximum revenue from Energy efficiency segment.

Vivid Technology (Vivid Technology) Headlines

No Headlines