First Hartford (First Hartford) Interest Coverage : 1.07 (As of Apr. 2018)

First Hartford Interest Coverage Chart

First Hartford Annual Data
	Trend	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18
Interest Coverage		Get a 7-Day Free Trial					0.70	1.51	1.12	1.32	1.07

First Hartford Semi-Annual Data
	Apr99	Apr00	Apr01	Apr02	Apr03	Apr04	Apr05	Apr06	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18
Interest Coverage	Get a 7-Day Free Trial															0.70	1.51	1.12	1.32	1.07

Competitive Comparison of First Hartford's Interest Coverage

For the Real Estate - Development subindustry, First Hartford'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.

First Hartford's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hartford's Interest Coverage distribution charts can be found below:

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

First Hartford 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.

First Hartford's Interest Coverage for the fiscal year that ended in Apr. 2018 is calculated as

Here, for the fiscal year that ended in Apr. 2018, First Hartford's Interest Expense was $-10.82 Mil. Its Operating Income was $11.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $222.50 Mil.

First Hartford's Interest Coverage for the quarter that ended in Apr. 2018 is calculated as

Here, for the six months ended in Apr. 2018, First Hartford's Interest Expense was $-10.82 Mil. Its Operating Income was $11.62 Mil. And its Long-Term Debt & Capital Lease Obligation was $222.50 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.

First Hartford  (OTCPK:FHRT) 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 .

First Hartford Interest Coverage Related Terms

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First Hartford (First Hartford) Business Description