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Market Leader, (FRA:HDT) Interest Coverage : No Debt (1) (As of Mar. 2013)


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What is Market Leader, 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. Market Leader,'s Operating Income for the three months ended in Mar. 2013 was €-2.15 Mil. Market Leader,'s Interest Expense for the three months ended in Mar. 2013 was €0.00 Mil. Market Leader, 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 Market Leader,'s Interest Coverage or its related term are showing as below:

FRA:HDT' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


FRA:HDT's Interest Coverage is not ranked
in the Software industry.
Industry Median: 29.35 vs FRA:HDT: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Market Leader, Interest Coverage Historical Data

The historical data trend for Market Leader,'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.

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Market Leader, Interest Coverage Chart

Market Leader, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Market Leader, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 Market Leader,'s Interest Coverage

For the Software - Application subindustry, Market Leader,'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.


Market Leader,'s Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Market Leader,'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Market Leader,'s Interest Coverage falls into.



Market Leader, 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.

Market Leader,'s Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Market Leader,'s Interest Expense was €0.00 Mil. Its Operating Income was €-5.92 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Market Leader, had no debt (1).

Market Leader,'s Interest Coverage for the quarter that ended in Mar. 2013 is calculated as

Here, for the three months ended in Mar. 2013, Market Leader,'s Interest Expense was €0.00 Mil. Its Operating Income was €-2.15 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Market Leader, 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.


Market Leader,  (FRA:HDT) 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 .


Market Leader, Interest Coverage Related Terms

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


Market Leader, (FRA:HDT) Business Description

Traded in Other Exchanges
N/A
Address
Website
Market leader, Inc., founded in 1999 was incorporated in the State of Washington. The Company provides innovative online technology and marketing solutions for real estate professionals across the United States and Canada. The Company serves 125,000 real estate agents, brokerages and franchisors, offering complete end-to-end solutions that enable them to grow and manage their businesses. The Company's subscription-based real estate marketing software and services helps customers generate a steady stream of prospects, plus provide the systems and training they need to convert those prospects into clients. In addition, its consumer real estate sites, including www.realestate.com, give its customers access to millions of future home buyers and sellers. The Sales and marketing expenses consist mainly of advertising, as well as salaries, commissions and related expenses for its sales, marketing and customer support staff. Other expenses include credit card fees and corporate marketing and communications expenses. The Company's competitors include online companies focused on residential real estate, internet media companies, traditional real estate brokerage firms, discounted and non-traditional real estate brokerage firms, and traditional sellers of advertising to real estate professionals. Its business is subject to various laws and regulations relating to Internet commerce and telemarketing, as well as federal and state laws and regulations relating to real estate and mortgage matters.

Market Leader, (FRA:HDT) Headlines

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