GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Extreme Biodiesel Inc (OTCPK:XTRM) » Definitions » Interest Coverage

Extreme Biodiesel (Extreme Biodiesel) Interest Coverage : 0 (At Loss) (As of Jun. 2012)


View and export this data going back to 2009. Start your Free Trial

What is Extreme Biodiesel 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. Extreme Biodiesel's Operating Income for the six months ended in Jun. 2012 was $-0.31 Mil. Extreme Biodiesel's Interest Expense for the six months ended in Jun. 2012 was $-0.00 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 Extreme Biodiesel's Interest Coverage or its related term are showing as below:


XTRM's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.06
* 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.


Extreme Biodiesel Interest Coverage Historical Data

The historical data trend for Extreme Biodiesel'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.

Extreme Biodiesel Interest Coverage Chart

Extreme Biodiesel Annual Data
Trend Jun09 Jun10 Jun11
Interest Coverage
No Debt - -

Extreme Biodiesel Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Interest Coverage No Debt - - -

Competitive Comparison of Extreme Biodiesel's Interest Coverage

For the Real Estate - Development subindustry, Extreme Biodiesel'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.


Extreme Biodiesel's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Extreme Biodiesel's Interest Coverage distribution charts can be found below:

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



Extreme Biodiesel 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.

Extreme Biodiesel's Interest Coverage for the fiscal year that ended in Jun. 2011 is calculated as

Here, for the fiscal year that ended in Jun. 2011, Extreme Biodiesel's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.16 Mil.

Extreme Biodiesel did not have earnings to cover the interest expense.

Extreme Biodiesel's Interest Coverage for the quarter that ended in Jun. 2012 is calculated as

Here, for the six months ended in Jun. 2012, Extreme Biodiesel's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.16 Mil.

Extreme Biodiesel 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.


Extreme Biodiesel  (OTCPK:XTRM) 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 .


Extreme Biodiesel Interest Coverage Related Terms

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


Extreme Biodiesel (Extreme Biodiesel) Business Description

Traded in Other Exchanges
N/A
Address
153 West Lake Mead Parkway, Suite 2240, Henderson, NV, USA, 89015
Extreme Biodiesel Inc is engaged in the acquisition, development and sales of residential real estate in Idaho.
Executives
Joseph Jay Spadafore director, officer: SECRETARY 20315 AVENIDA DE ARBOLES, MURRIETA CA 92562
Richard Brian Carter director, officer: PRESIDENT 2721 VIA VISTOSA, SAN CLEMENTE CA 92675
Frank Rossana 10 percent owner 1350 W HORIZON RIDGE DR. #1922, HENDERSON NV 89014
Steve Hayden 10 percent owner 1560 MAPLE STREET, CARONA CA 92880
Ronald Davis 10 percent owner 4412 8TH STREET SW, VERO BEACH FL 32968

Extreme Biodiesel (Extreme Biodiesel) Headlines

No Headlines