GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheetah Oil & Gas Ltd (OTCPK:COHG) » Definitions » Interest Coverage

Cheetah Oil & Gas (Cheetah Oil & Gas) Interest Coverage : 0 (At Loss) (As of Jun. 2011)


View and export this data going back to 1998. Start your Free Trial

What is Cheetah Oil & Gas 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. Cheetah Oil & Gas's Operating Income for the three months ended in Jun. 2011 was $-0.02 Mil. Cheetah Oil & Gas's Interest Expense for the three months ended in Jun. 2011 was $-0.00 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 Cheetah Oil & Gas's Interest Coverage or its related term are showing as below:


COHG's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.575
* 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.


Cheetah Oil & Gas Interest Coverage Historical Data

The historical data trend for Cheetah Oil & Gas'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.

Cheetah Oil & Gas Interest Coverage Chart

Cheetah Oil & Gas Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A No Debt - - -

Cheetah Oil & Gas Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 - N/A - -

Competitive Comparison of Cheetah Oil & Gas's Interest Coverage

For the Oil & Gas E&P subindustry, Cheetah Oil & Gas'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.


Cheetah Oil & Gas's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheetah Oil & Gas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cheetah Oil & Gas's Interest Coverage falls into.



Cheetah Oil & Gas 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.

Cheetah Oil & Gas's Interest Coverage for the fiscal year that ended in Dec. 2010 is calculated as

Here, for the fiscal year that ended in Dec. 2010, Cheetah Oil & Gas's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Cheetah Oil & Gas did not have earnings to cover the interest expense.

Cheetah Oil & Gas's Interest Coverage for the quarter that ended in Jun. 2011 is calculated as

Here, for the three months ended in Jun. 2011, Cheetah Oil & Gas's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.04 Mil.

Cheetah Oil & Gas 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.


Cheetah Oil & Gas  (OTCPK:COHG) 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 .


Cheetah Oil & Gas Interest Coverage Related Terms

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


Cheetah Oil & Gas (Cheetah Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
498 Ellis Street, Second Floor, Penticton, BC, CAN, V2A 4MS
Cheetah Oil & Gas Ltd is an exploration stage oil and gas company which engages in the exploration for petroleum and natural gas.
Executives
Robert Mcallister other: formerCEO #203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Donald James Findlay director #30 NEW STREET SE, CALGARY A0 T2G 3X9

Cheetah Oil & Gas (Cheetah Oil & Gas) Headlines

No Headlines