Debut Diamonds (Debut Diamonds) Interest Coverage : No Debt ⁽¹⁾ (As of Jan. 2021)

Debut Diamonds Interest Coverage Chart

Debut Diamonds Annual Data
	Trend	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20
Interest Coverage		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Debut Diamonds Quarterly Data
	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Debut Diamonds's Interest Coverage

For the Other Precious Metals & Mining subindustry, Debut Diamonds'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.

Debut Diamonds's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Debut Diamonds's Interest Coverage distribution charts can be found below:

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

Debut Diamonds 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Debut Diamonds's Interest Coverage for the fiscal year that ended in Apr. 2020 is calculated as

Here, for the fiscal year that ended in Apr. 2020, Debut Diamonds's Interest Expense was $0.00 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Debut Diamonds's Interest Coverage for the quarter that ended in Jan. 2021 is calculated as

Here, for the three months ended in Jan. 2021, Debut Diamonds'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.

* 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.

Debut Diamonds  (GREY:DBDIF) 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 .

Debut Diamonds Interest Coverage Related Terms

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

Debut Diamonds (Debut Diamonds) Business Description