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Accelera Innovations (Accelera Innovations) Interest Coverage : 0 (At Loss) (As of Sep. 2017)


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What is Accelera Innovations 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. Accelera Innovations's Operating Income for the three months ended in Sep. 2017 was $-0.02 Mil. Accelera Innovations's Interest Expense for the three months ended in Sep. 2017 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 Accelera Innovations's Interest Coverage or its related term are showing as below:


ACNV's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9
* 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.


Accelera Innovations Interest Coverage Historical Data

The historical data trend for Accelera Innovations'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.

Accelera Innovations Interest Coverage Chart

Accelera Innovations Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial No Debt N/A - - -

Accelera Innovations Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 Accelera Innovations's Interest Coverage

For the Health Information Services subindustry, Accelera Innovations'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.


Accelera Innovations's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Accelera Innovations's Interest Coverage distribution charts can be found below:

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



Accelera Innovations 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.

Accelera Innovations's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Accelera Innovations's Interest Expense was $-0.45 Mil. Its Operating Income was $-1.90 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Accelera Innovations did not have earnings to cover the interest expense.

Accelera Innovations's Interest Coverage for the quarter that ended in Sep. 2017 is calculated as

Here, for the three months ended in Sep. 2017, Accelera Innovations'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.

Accelera Innovations 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.


Accelera Innovations  (OTCPK:ACNV) 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 .


Accelera Innovations Interest Coverage Related Terms

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Accelera Innovations (Accelera Innovations) Business Description

Traded in Other Exchanges
N/A
Address
20511 Abbey Drive, Frankfort, IL, USA, 60423
Accelera Innovations Inc is a U.S based healthcare service company focused on integrating its licensed technology assets into acquired companies. Its team of home health care professionals includes nurses, physical therapists, occupational therapists, speech-language pathologists, medical social workers and home health aides. The company provides billing, practice management, and administrative services to doctors and other clinicians who provide services to nursing homes and individual clients.

Accelera Innovations (Accelera Innovations) Headlines

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