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Salon City (Salon City) Interest Coverage : N/A (As of Sep. 2008)


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What is Salon City 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. Salon City's Operating Income for the three months ended in Sep. 2008 was $-0.04 Mil. Salon City's Interest Expense for the three months ended in Sep. 2008 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Salon City's Interest Coverage or its related term are showing as below:


SALN's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.09
* 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.


Salon City Interest Coverage Historical Data

The historical data trend for Salon City'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.

Salon City Interest Coverage Chart

Salon City Annual Data
Trend Dec06 Dec07
Interest Coverage
N/A N/A

Salon City Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Interest Coverage Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Competitive Comparison of Salon City's Interest Coverage

For the Publishing subindustry, Salon City'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.


Salon City's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Salon City's Interest Coverage distribution charts can be found below:

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



Salon City 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.

Salon City's Interest Coverage for the fiscal year that ended in Dec. 2007 is calculated as

Here, for the fiscal year that ended in Dec. 2007, Salon City's Interest Expense was $0.00 Mil. Its Operating Income was $-0.81 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.02 Mil.

GuruFocus does not calculate Salon City's interest coverage with the available data.

Salon City's Interest Coverage for the quarter that ended in Sep. 2008 is calculated as

Here, for the three months ended in Sep. 2008, Salon City's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.10 Mil.

GuruFocus does not calculate Salon City's interest coverage with the available data.

* 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.


Salon City  (OTCPK:SALN) 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 .


Salon City Interest Coverage Related Terms

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


Salon City (Salon City) Business Description

Traded in Other Exchanges
N/A
Address
909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069
Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

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