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Harold Otabil Research And Development Systems (XGHA:HORDS) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Harold Otabil Research And Development Systems 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. Harold Otabil Research And Development Systems's Operating Income for the six months ended in . 20 was GHS0.00 Mil. Harold Otabil Research And Development Systems's Interest Expense for the six months ended in . 20 was GHS0.00 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 Harold Otabil Research And Development Systems's Interest Coverage or its related term are showing as below:


XGHA:HORDS's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.36
* 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.


Harold Otabil Research And Development Systems Interest Coverage Historical Data

The historical data trend for Harold Otabil Research And Development Systems'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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Harold Otabil Research And Development Systems Interest Coverage Chart

Harold Otabil Research And Development Systems Annual Data
Trend
Interest Coverage

Harold Otabil Research And Development Systems Semi-Annual Data
Interest Coverage

Competitive Comparison of Harold Otabil Research And Development Systems's Interest Coverage

For the Packaged Foods subindustry, Harold Otabil Research And Development Systems'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.


Harold Otabil Research And Development Systems's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Harold Otabil Research And Development Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Harold Otabil Research And Development Systems's Interest Coverage falls into.


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Harold Otabil Research And Development Systems 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.

Harold Otabil Research And Development Systems's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Harold Otabil Research And Development Systems's Interest Expense was GHS0.00 Mil. Its Operating Income was GHS0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was GHS0.00 Mil.

Harold Otabil Research And Development Systems had no debt (1).

Harold Otabil Research And Development Systems's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Harold Otabil Research And Development Systems's Interest Expense was GHS0.00 Mil. Its Operating Income was GHS0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was GHS0.00 Mil.

Harold Otabil Research And Development Systems 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.


Harold Otabil Research And Development Systems  (XGHA:HORDS) 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 .


Harold Otabil Research And Development Systems Interest Coverage Related Terms

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Harold Otabil Research And Development Systems Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Old GNTC Road Kanda, Behind Presidential Palace, Accra, GHA
Harold Otabil Research And Development Systems Ltd is an agro-processing company that adds value to the various agricultural products such as cocoa, cassava, soya and other non-food products in Ghana. The company manufactures food and beverages, food supplements, detergents & laundry products; agricultural consultants; and import and export of goods. Its products portfolio includes food and beverages, natural supplements, detergents, and laundry products.

Harold Otabil Research And Development Systems Headlines

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