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Perigee Holdings (Perigee Holdings) Interest Coverage : 0 (At Loss) (As of Apr. 2017)


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What is Perigee Holdings 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. Perigee Holdings's Operating Income for the three months ended in Apr. 2017 was $-0.10 Mil. Perigee Holdings's Interest Expense for the three months ended in Apr. 2017 was $-0.38 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 Perigee Holdings's Interest Coverage or its related term are showing as below:


PEHD's Interest Coverage is not ranked *
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.


Perigee Holdings Interest Coverage Historical Data

The historical data trend for Perigee Holdings'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.

Perigee Holdings Interest Coverage Chart

Perigee Holdings Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A - - - -

Perigee Holdings Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.77 - - - -

Competitive Comparison of Perigee Holdings's Interest Coverage

For the Shell Companies subindustry, Perigee Holdings'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.


Perigee Holdings's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Perigee Holdings's Interest Coverage distribution charts can be found below:

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



Perigee Holdings 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.

Perigee Holdings's Interest Coverage for the fiscal year that ended in Apr. 2017 is calculated as

Here, for the fiscal year that ended in Apr. 2017, Perigee Holdings's Interest Expense was $-0.90 Mil. Its Operating Income was $-0.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Perigee Holdings did not have earnings to cover the interest expense.

Perigee Holdings's Interest Coverage for the quarter that ended in Apr. 2017 is calculated as

Here, for the three months ended in Apr. 2017, Perigee Holdings's Interest Expense was $-0.38 Mil. Its Operating Income was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Perigee Holdings 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.


Perigee Holdings  (OTCPK:PEHD) 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 .


Perigee Holdings Interest Coverage Related Terms

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


Perigee Holdings (Perigee Holdings) Business Description

Traded in Other Exchanges
N/A
Address
9605 W. 49th Avenue, Suite 200, Wheat Ridge, CO, USA, 80033
Perigee Holdings Inc is a shell company.
Executives
Sanjay Sabnani director, 10 percent owner, officer: CEO, President, Secretary 11150 SANTA MONICA BLVD. #1500, LOS ANGELES CA 90025
Chuck Timpe director 11111 SANTA MONICA BLVD STE. 550, LOS ANGELES CA 90025

Perigee Holdings (Perigee Holdings) Headlines

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