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Carrier Alliance Holdings (Carrier Alliance Holdings) Interest Coverage : No Debt (1) (As of Dec. 2011)


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What is Carrier Alliance 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. Carrier Alliance Holdings's Operating Income for the three months ended in Dec. 2011 was $-0.13 Mil. Carrier Alliance Holdings's Interest Expense for the three months ended in Dec. 2011 was $0.00 Mil. Carrier Alliance Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Carrier Alliance Holdings's Interest Coverage or its related term are showing as below:


CAHI's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.825
* 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.


Carrier Alliance Holdings Interest Coverage Historical Data

The historical data trend for Carrier Alliance 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.

Carrier Alliance Holdings Interest Coverage Chart

Carrier Alliance Holdings Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - No Debt No Debt No Debt No Debt

Carrier Alliance Holdings Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Carrier Alliance Holdings's Interest Coverage

For the Specialty Retail subindustry, Carrier Alliance 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.


Carrier Alliance Holdings's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carrier Alliance Holdings's Interest Coverage distribution charts can be found below:

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



Carrier Alliance 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.

Carrier Alliance Holdings's Interest Coverage for the fiscal year that ended in Dec. 2011 is calculated as

Here, for the fiscal year that ended in Dec. 2011, Carrier Alliance Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Carrier Alliance Holdings had no debt (1).

Carrier Alliance Holdings's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Here, for the three months ended in Dec. 2011, Carrier Alliance Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Carrier Alliance Holdings had no debt (1).

* 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.


Carrier Alliance Holdings  (OTCPK:CAHI) 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 .


Carrier Alliance Holdings Interest Coverage Related Terms

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Carrier Alliance Holdings (Carrier Alliance Holdings) Business Description

Traded in Other Exchanges
N/A
Address
120C Wilbur Place, 27th Floor, Bohemia, NY, USA, 11776
Website
Carrier Alliance Holdings, Inc formerlly Tilden Associates, Inc. is in the business of selling automotive franchises and administering and supporting full service automotive repair centers under the name 'TILDEN FOR BRAKES CAR CARE CENTERS'.

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