GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inca Worldwide Inc (OTCPK:QEDN) » Definitions » Interest Coverage

Inca Worldwide (Inca Worldwide) Interest Coverage : 0 (At Loss) (As of . 20)


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

What is Inca Worldwide 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. Inca Worldwide's Operating Income for the three months ended in . 20 was $0.00 Mil. Inca Worldwide's Interest Expense for the three months ended in . 20 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.

(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 Inca Worldwide's Interest Coverage or its related term are showing as below:


QEDN's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.635
* 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.


Inca Worldwide Interest Coverage Historical Data

The historical data trend for Inca Worldwide'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.

Inca Worldwide Interest Coverage Chart

Inca Worldwide Annual Data
Trend
Interest Coverage

Inca Worldwide Quarterly Data
Interest Coverage

Competitive Comparison of Inca Worldwide's Interest Coverage

For the Packaged Foods subindustry, Inca Worldwide'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.


Inca Worldwide's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Inca Worldwide's Interest Coverage falls into.



Inca Worldwide 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.

Inca Worldwide's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Inca Worldwide's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Inca Worldwide had no debt (1).

Inca Worldwide's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Inca Worldwide's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Inca Worldwide 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.


Inca Worldwide  (OTCPK:QEDN) 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 .


Inca Worldwide Interest Coverage Related Terms

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


Inca Worldwide (Inca Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
418 Broadway, Suit R, Albany, NY, USA, 12207
Inca Worldwide Inc is a holding company based in the United States. It harvests and de-shells the Sacha Inchi seeds from farmers in the area surrounding mining communities and other farming areas in Colombia and Peru. The seeds are then shipped to the USA where it is roasted and packaged for wholesale and retail customers. The products are marketed through retailers and other outlets under their private label, as well as its brand Inca Snacks in the United States, Canada, Japan, Europe and China.

Inca Worldwide (Inca Worldwide) Headlines

No Headlines