BCI Navigation (XPAR:BNA) Interest Coverage: 0 (At Loss) (As of Dec. 2011)


What is BCI Navigation Interest Coverage?

BCI Navigation XPAR:BNA Interest Coverage is 0 (At Loss) as of Dec. 2011.

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. BCI Navigation's Operating Income for the six months ended in Dec. 2011 was €-2.42 Mil. BCI Navigation's Interest Expense for the six months ended in Dec. 2011 was €-0.04 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 BCI Navigation's Interest Coverage or its related term are showing as below:


XPAR:BNA's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 12.98
* 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.

BCI Navigation  (XPAR:BNA) 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 .

BCI Navigation Interest Coverage Related Terms

BCI Navigation Interest Coverage Historical Data

* Premium members only.

The historical data trend for BCI Navigation'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.

BCI Navigation Interest Coverage Chart

BCI Navigation Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Interest Coverage
No Debt No Debt No Debt No Debt 0.00

BCI Navigation Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Interest Coverage No Debt No Debt No Debt No Debt 0.00

BCI Navigation Interest Coverage Competitor Comparison

For the Specialty Business Services subindustry, BCI Navigation'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.

BCI Navigation Interest Coverage vs Business Services Industry

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

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


BCI Navigation 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.

BCI Navigation's Interest Coverage for the fiscal year that ended in Dec. 2011 is calculated as

Here, for the fiscal year that ended in Dec. 2011, BCI Navigation's Interest Expense was €-0.04 Mil. Its Operating Income was €-2.42 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

BCI Navigation did not have earnings to cover the interest expense.

BCI Navigation's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Here, for the six months ended in Dec. 2011, BCI Navigation's Interest Expense was €-0.04 Mil. Its Operating Income was €-2.42 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

BCI Navigation 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
BCI Navigation (XPAR:BNA) has a Interest Coverage of 0 (At Loss) as of Dec. 2011. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on BCI Navigation and its competitors.
Is BCI Navigation's Interest Coverage too high?
BCI Navigation's current Interest Coverage is 0 (At Loss).
How does BCI Navigation's Interest Coverage compare to competitors?
BCI Navigation's Interest Coverage of 0 (At Loss) can be compared against companies in the Business Services industry. The industry median Interest Coverage is 12.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 811 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on BCI Navigation and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCI Navigation's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCI Navigation stock overvalued right now?
BCI Navigation (XPAR:BNA) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For BCI Navigation (XPAR:BNA), the current Interest Coverage is 0 (At Loss) as of Dec. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BCI Navigation Business Description

BCI Navigation is engaged in the development of tools and software which include professional fleet management, cartographic database management tool and aircraft piloting assistance system by means of natural synthesis display.