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Urban Barns Foods (Urban Barns Foods) Interest Coverage : 0 (At Loss) (As of Jan. 2016)


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What is Urban Barns Foods 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. Urban Barns Foods's Operating Income for the three months ended in Jan. 2016 was $-0.07 Mil. Urban Barns Foods's Interest Expense for the three months ended in Jan. 2016 was $-0.02 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 Urban Barns Foods's Interest Coverage or its related term are showing as below:


URBF'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.


Urban Barns Foods Interest Coverage Historical Data

The historical data trend for Urban Barns Foods'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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Urban Barns Foods Interest Coverage Chart

Urban Barns Foods Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Interest Coverage
Get a 7-Day Free Trial No Debt - - - -

Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 - - - -

Competitive Comparison of Urban Barns Foods's Interest Coverage

For the Farm Products subindustry, Urban Barns Foods'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.


Urban Barns Foods's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Urban Barns Foods's Interest Coverage falls into.



Urban Barns Foods 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.

Urban Barns Foods's Interest Coverage for the fiscal year that ended in Jul. 2015 is calculated as

Here, for the fiscal year that ended in Jul. 2015, Urban Barns Foods's Interest Expense was $-0.05 Mil. Its Operating Income was $-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Urban Barns Foods did not have earnings to cover the interest expense.

Urban Barns Foods's Interest Coverage for the quarter that ended in Jan. 2016 is calculated as

Here, for the three months ended in Jan. 2016, Urban Barns Foods's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Urban Barns Foods 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.


Urban Barns Foods  (OTCPK:URBF) 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 .


Urban Barns Foods Interest Coverage Related Terms

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


Urban Barns Foods (Urban Barns Foods) Business Description

Traded in Other Exchanges
N/A
Address
13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.
Executives
Jeremy Kendall director 17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

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