GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wanderport Corp (OTCPK:WDRP) » Definitions » Interest Coverage

Wanderport (Wanderport) Interest Coverage : N/A (As of Feb. 2003)


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

What is Wanderport 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. Wanderport's Operating Income for the three months ended in Feb. 2003 was $-1.02 Mil. Wanderport's Interest Expense for the three months ended in Feb. 2003 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Wanderport's Interest Coverage or its related term are showing as below:


WDRP's Interest Coverage is not ranked *
in the Retail - Defensive industry.
Industry Median: 9.335
* 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.


Wanderport Interest Coverage Historical Data

The historical data trend for Wanderport'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.

Wanderport Interest Coverage Chart

Wanderport Annual Data
Trend Aug95 Aug96 Aug97 Aug98 Aug99 Aug00 Aug01
Interest Coverage
Get a 7-Day Free Trial N/A No Debt No Debt No Debt N/A

Wanderport Quarterly Data
Aug95 Aug96 Aug97 Aug98 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03
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 N/A N/A N/A N/A N/A

Competitive Comparison of Wanderport's Interest Coverage

For the Food Distribution subindustry, Wanderport'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.


Wanderport's Interest Coverage Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wanderport's Interest Coverage distribution charts can be found below:

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



Wanderport 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.

Wanderport's Interest Coverage for the fiscal year that ended in Aug. 2001 is calculated as

Here, for the fiscal year that ended in Aug. 2001, Wanderport's Interest Expense was $0.00 Mil. Its Operating Income was $-5.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.90 Mil.

GuruFocus does not calculate Wanderport's interest coverage with the available data.

Wanderport's Interest Coverage for the quarter that ended in Feb. 2003 is calculated as

Here, for the three months ended in Feb. 2003, Wanderport's Interest Expense was $0.00 Mil. Its Operating Income was $-1.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.82 Mil.

GuruFocus does not calculate Wanderport's interest coverage with the available data.

* 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.


Wanderport  (OTCPK:WDRP) 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 .


Wanderport Interest Coverage Related Terms

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


Wanderport (Wanderport) Business Description

Traded in Other Exchanges
N/A
Address
2425 Olympic Boulevard, Suite 4000W, Santa Monica, CA, USA, 90401
Wanderport Corp is a distributor of food, beverages, and consumer products with a focus in the area of industrial hemp. It owns Sapa Coffee for its line of hemp coffee blends through which it sells its hemp, hemp CBD coffees and teas directly to wholesalers and retailers as well as through online market places. The company sells various CBD-based products including beauty and personal care, beverages, supplements, topical, and pet.