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International Star (International Star) Interest Coverage : 0 (At Loss) (As of Sep. 2011)


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What is International Star 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. International Star's Operating Income for the three months ended in Sep. 2011 was $-0.08 Mil. International Star's Interest Expense for the three months ended in Sep. 2011 was $-0.03 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 International Star's Interest Coverage or its related term are showing as below:


ILST's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.39
* 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.


International Star Interest Coverage Historical Data

The historical data trend for International Star'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.

International Star Interest Coverage Chart

International Star 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 No Debt N/A - - -

International Star Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 - - - - -

Competitive Comparison of International Star's Interest Coverage

For the Specialty Business Services subindustry, International Star'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.


International Star's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, International Star's Interest Coverage distribution charts can be found below:

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



International Star 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.

International Star'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, International Star's Interest Expense was $-0.08 Mil. Its Operating Income was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.50 Mil.

International Star did not have earnings to cover the interest expense.

International Star's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Here, for the three months ended in Sep. 2011, International Star's Interest Expense was $-0.03 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.50 Mil.

International Star 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.


International Star  (OTCPK:ILST) 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 .


International Star Interest Coverage Related Terms

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


International Star (International Star) Business Description

Traded in Other Exchanges
N/A
Address
8 The Green, Suite 13940, Dover, DE, USA, 19901
International Star Inc operates through its wholly owned subsidiary, Budding Equity Inc which owns and licenses intellectual property through contracts with movie studios and celebrities. The company structures licensing deals with third parties for cannabis-related products. The company also has joint venture partnerships with affiliates of Ice Cube and Kevin Smith for licensing and branding cannabis products. A core focus of ILST remains acquiring and developing businesses with high growth potential in the cannabis space and beyond.