GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » XCPCNL Business Services Corp (OTCPK:XCPL) » Definitions » Interest Coverage

XCPCNL Business Services (XCPCNL Business Services) Interest Coverage : 0.06 (As of Apr. 2013)


View and export this data going back to 2008. Start your Free Trial

What is XCPCNL Business Services 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. XCPCNL Business Services's Operating Income for the three months ended in Apr. 2013 was $0.00 Mil. XCPCNL Business Services's Interest Expense for the three months ended in Apr. 2013 was $-0.03 Mil. XCPCNL Business Services's interest coverage for the quarter that ended in Apr. 2013 was 0.06. The higher the ratio, the stronger the company's financial strength is.

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


XCPL's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.67
* 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.


XCPCNL Business Services Interest Coverage Historical Data

The historical data trend for XCPCNL Business Services'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.

XCPCNL Business Services Interest Coverage Chart

XCPCNL Business Services Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11
Interest Coverage
Get a 7-Day Free Trial No Debt - - - -

XCPCNL Business Services Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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 - - - - 0.06

Competitive Comparison of XCPCNL Business Services's Interest Coverage

For the Specialty Business Services subindustry, XCPCNL Business Services'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.


XCPCNL Business Services's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, XCPCNL Business Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where XCPCNL Business Services's Interest Coverage falls into.



XCPCNL Business Services 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.

XCPCNL Business Services's Interest Coverage for the fiscal year that ended in Jul. 2011 is calculated as

Here, for the fiscal year that ended in Jul. 2011, XCPCNL Business Services's Interest Expense was $-0.16 Mil. Its Operating Income was $-0.28 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

XCPCNL Business Services did not have earnings to cover the interest expense.

XCPCNL Business Services's Interest Coverage for the quarter that ended in Apr. 2013 is calculated as

Here, for the three months ended in Apr. 2013, XCPCNL Business Services's Interest Expense was $-0.03 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2013 )/Interest Expense (Q: Apr. 2013 )
=-1*0.002/-0.031
=0.06

* 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.


XCPCNL Business Services  (OTCPK:XCPL) 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 .


XCPCNL Business Services Interest Coverage Related Terms

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


XCPCNL Business Services (XCPCNL Business Services) Business Description

Traded in Other Exchanges
N/A
Address
4182 Clemmons Road, Suite 289, Clemmons, NC, USA, 27012
XCPCNL Business Services Corp provides diversified business services. The company offers services in business outscoring sectors such as payroll services, instore product demos, personnel outsourcing, benefits, maintenance, and hospitality. It serves customers in the United States.

XCPCNL Business Services (XCPCNL Business Services) Headlines