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Ya Zhu Silk (Ya Zhu Silk) Interest Coverage : No Debt (1) (As of Sep. 2012)


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What is Ya Zhu Silk 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. Ya Zhu Silk's Operating Income for the three months ended in Sep. 2012 was $-0.00 Mil. Ya Zhu Silk's Interest Expense for the three months ended in Sep. 2012 was $0.00 Mil. Ya Zhu Silk has no debt. 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 Ya Zhu Silk's Interest Coverage or its related term are showing as below:


YZSK's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 28.885
* 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.


Ya Zhu Silk Interest Coverage Historical Data

The historical data trend for Ya Zhu Silk'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.

Ya Zhu Silk Interest Coverage Chart

Ya Zhu Silk Annual Data
Trend Aug09 Aug10 Aug11
Interest Coverage
No Debt No Debt No Debt

Ya Zhu Silk Quarterly Data
Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Mar12 Jun12 Sep12
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Ya Zhu Silk's Interest Coverage

For the Software - Application subindustry, Ya Zhu Silk'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.


Ya Zhu Silk's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Ya Zhu Silk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ya Zhu Silk's Interest Coverage falls into.



Ya Zhu Silk 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.

Ya Zhu Silk's Interest Coverage for the fiscal year that ended in Aug. 2011 is calculated as

Here, for the fiscal year that ended in Aug. 2011, Ya Zhu Silk's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Ya Zhu Silk had no debt (1).

Ya Zhu Silk's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

Here, for the three months ended in Sep. 2012, Ya Zhu Silk's Interest Expense was $0.00 Mil. Its Operating Income was $-0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Ya Zhu Silk 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.


Ya Zhu Silk  (OTCPK:YZSK) 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 .


Ya Zhu Silk Interest Coverage Related Terms

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Ya Zhu Silk (Ya Zhu Silk) Business Description

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