GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dewmar International BMC Inc (OTCPK:DEWM) » Definitions » Interest Coverage

Dewmar International BMC (Dewmar International BMC) Interest Coverage : No Debt (1) (As of Jun. 2017)


View and export this data going back to 2009. Start your Free Trial

What is Dewmar International BMC 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. Dewmar International BMC's Operating Income for the three months ended in Jun. 2017 was $-0.15 Mil. Dewmar International BMC's Interest Expense for the three months ended in Jun. 2017 was $0.00 Mil. Dewmar International BMC 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 Dewmar International BMC's Interest Coverage or its related term are showing as below:


DEWM's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.52
* 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.


Dewmar International BMC Interest Coverage Historical Data

The historical data trend for Dewmar International BMC'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.

Dewmar International BMC Interest Coverage Chart

Dewmar International BMC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - No Debt No Debt

Dewmar International BMC Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec15 Dec16 Mar17 Jun17
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

Competitive Comparison of Dewmar International BMC's Interest Coverage

For the Packaged Foods subindustry, Dewmar International BMC'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.


Dewmar International BMC's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dewmar International BMC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dewmar International BMC's Interest Coverage falls into.



Dewmar International BMC 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.

Dewmar International BMC's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Dewmar International BMC's Interest Expense was $0.00 Mil. Its Operating Income was $-1.20 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Dewmar International BMC had no debt (1).

Dewmar International BMC's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, Dewmar International BMC'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.

Dewmar International BMC 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.


Dewmar International BMC  (OTCPK:DEWM) 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 .


Dewmar International BMC Interest Coverage Related Terms

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


Dewmar International BMC (Dewmar International BMC) Business Description

Traded in Other Exchanges
N/A
Address
132 East Northside Drive, Suite C, Clinton, MS, USA, 39056
Dewmar International BMC Inc is focused on the processing, and sale of products derived from legal industrial hemp as well as manufacturing, marketing, and selling baked goods. Its brand name includes Kush Cakes.

Dewmar International BMC (Dewmar International BMC) Headlines