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Tandou (Tandou) Interest Coverage : 0 (At Loss) (As of Dec. 2014)


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What is Tandou 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. Tandou's Operating Income for the six months ended in Dec. 2014 was $-10.50 Mil. Tandou's Interest Expense for the six months ended in Dec. 2014 was $-0.76 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 Tandou's Interest Coverage or its related term are showing as below:


TDUFF's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.405
* 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.


Tandou Interest Coverage Historical Data

The historical data trend for Tandou'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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Tandou Interest Coverage Chart

Tandou Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Jun12 Jun13 Jun14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 5.53 - - -

Tandou Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 - - - - -

Competitive Comparison of Tandou's Interest Coverage

For the Farm Products subindustry, Tandou'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.


Tandou's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tandou's Interest Coverage distribution charts can be found below:

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



Tandou 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.

Tandou's Interest Coverage for the fiscal year that ended in Jun. 2014 is calculated as

Here, for the fiscal year that ended in Jun. 2014, Tandou's Interest Expense was $-1.97 Mil. Its Operating Income was $-38.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $38.48 Mil.

Tandou did not have earnings to cover the interest expense.

Tandou's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Here, for the six months ended in Dec. 2014, Tandou's Interest Expense was $-0.76 Mil. Its Operating Income was $-10.50 Mil. And its Long-Term Debt & Capital Lease Obligation was $8.26 Mil.

Tandou 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.


Tandou  (OTCPK:TDUFF) 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 .


Tandou Interest Coverage Related Terms

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


Tandou (Tandou) Business Description

Traded in Other Exchanges
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Address
Tandou Ltd is an Australia based company produces and sells irrigated cotton and cereal crops. Business activity of the firm is operated with two segments namely Farming and Water Operations. The Farming operation comprises of the production of crops (upland cotton and cereal) for sale in Australian and international markets as well as pastoral activities relating to sheep and cattle. The Water operation segment includes the trading of permanent water entitlements and temporary water allocations. In addition, it is also involved in the Production of livestock at Tandou Farm. Tandou derives the majority of revenue from the farming segment.

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