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Valiant Eagle (Valiant Eagle) Interest Coverage : 0 (At Loss) (As of Jun. 2017)


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What is Valiant Eagle 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. Valiant Eagle's Operating Income for the six months ended in Jun. 2017 was $-0.06 Mil. Valiant Eagle's Interest Expense for the six months ended in Jun. 2017 was $-0.22 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 Valiant Eagle's Interest Coverage or its related term are showing as below:


PSRU's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.615
* 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.


Valiant Eagle Interest Coverage Historical Data

The historical data trend for Valiant Eagle'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.

Valiant Eagle Interest Coverage Chart

Valiant Eagle Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec13 Dec14 Dec15 Dec16
Interest Coverage
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Valiant Eagle Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec13 Dec14 Dec15 Jun16 Dec16 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 N/A N/A - - -

Competitive Comparison of Valiant Eagle's Interest Coverage

For the Broadcasting subindustry, Valiant Eagle'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.


Valiant Eagle's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Valiant Eagle's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Valiant Eagle's Interest Coverage falls into.



Valiant Eagle 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.

Valiant Eagle'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, Valiant Eagle's Interest Expense was $-0.45 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.40 Mil.

Valiant Eagle did not have earnings to cover the interest expense.

Valiant Eagle's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the six months ended in Jun. 2017, Valiant Eagle's Interest Expense was $-0.22 Mil. Its Operating Income was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.38 Mil.

Valiant Eagle 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.


Valiant Eagle  (OTCPK:PSRU) 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 .


Valiant Eagle Interest Coverage Related Terms

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


Valiant Eagle (Valiant Eagle) Business Description

Traded in Other Exchanges
N/A
Address
6320 Canoga Avenue, No. 1564, Woodland Hills, CA, USA, 91367
Valiant Eagle Inc is focused on energizing celebrity entertainment, social media and TV communications. The company aims to achieve an unparalleled advancement in media through music, sports and, with respect to the millennial generation, through technology. It continues to be the handy solution, with access to set tools that allow viewers to get tuned in on topics such as Music, Sports and Entertainment in the convenient and efficient way.

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