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PeakBirch Commerce (XCNQ:PKB) Interest Coverage : 0 (At Loss) (As of Jul. 2022)


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What is PeakBirch Commerce 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. PeakBirch Commerce's Operating Income for the three months ended in Jul. 2022 was C$-0.18 Mil. PeakBirch Commerce's Interest Expense for the three months ended in Jul. 2022 was C$-0.02 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 PeakBirch Commerce's Interest Coverage or its related term are showing as below:


XCNQ:PKB's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.21
* 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.


PeakBirch Commerce Interest Coverage Historical Data

The historical data trend for PeakBirch Commerce'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.

PeakBirch Commerce Interest Coverage Chart

PeakBirch Commerce Annual Data
Trend Oct20 Oct21
Interest Coverage
- -

PeakBirch Commerce Quarterly Data
Aug19 Aug20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Interest Coverage Get a 7-Day Free Trial Premium Member Only - - 1.35 - -

Competitive Comparison of PeakBirch Commerce's Interest Coverage

For the Pharmaceutical Retailers subindustry, PeakBirch Commerce'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.


PeakBirch Commerce's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PeakBirch Commerce's Interest Coverage distribution charts can be found below:

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



PeakBirch Commerce 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.

PeakBirch Commerce's Interest Coverage for the fiscal year that ended in Oct. 2021 is calculated as

Here, for the fiscal year that ended in Oct. 2021, PeakBirch Commerce's Interest Expense was C$-0.45 Mil. Its Operating Income was C$-1.95 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.22 Mil.

PeakBirch Commerce did not have earnings to cover the interest expense.

PeakBirch Commerce's Interest Coverage for the quarter that ended in Jul. 2022 is calculated as

Here, for the three months ended in Jul. 2022, PeakBirch Commerce's Interest Expense was C$-0.02 Mil. Its Operating Income was C$-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.12 Mil.

PeakBirch Commerce 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.


PeakBirch Commerce  (XCNQ:PKB) 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 .


PeakBirch Commerce Interest Coverage Related Terms

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


PeakBirch Commerce (XCNQ:PKB) Business Description

Traded in Other Exchanges
N/A
Address
400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .

PeakBirch Commerce (XCNQ:PKB) Headlines