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California Style Palms (California Style Palms) Interest Coverage : No Debt (1) (As of Sep. 2006)


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What is California Style Palms 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. California Style Palms's Operating Income for the three months ended in Sep. 2006 was $-4.33 Mil. California Style Palms's Interest Expense for the three months ended in Sep. 2006 was $0.00 Mil. California Style Palms 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 California Style Palms's Interest Coverage or its related term are showing as below:


CFPI's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.64
* 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.


California Style Palms Interest Coverage Historical Data

The historical data trend for California Style Palms'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.

California Style Palms Interest Coverage Chart

California Style Palms Annual Data
Trend Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Mar05
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt N/A

California Style Palms Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 N/A No Debt No Debt No Debt No Debt

Competitive Comparison of California Style Palms's Interest Coverage

For the Farm Products subindustry, California Style Palms'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.


California Style Palms's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where California Style Palms's Interest Coverage falls into.



California Style Palms 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.

California Style Palms's Interest Coverage for the fiscal year that ended in Mar. 2005 is calculated as

Here, for the fiscal year that ended in Mar. 2005, California Style Palms's Interest Expense was $0.00 Mil. Its Operating Income was $-5.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.25 Mil.

GuruFocus does not calculate California Style Palms's interest coverage with the available data.

California Style Palms's Interest Coverage for the quarter that ended in Sep. 2006 is calculated as

Here, for the three months ended in Sep. 2006, California Style Palms's Interest Expense was $0.00 Mil. Its Operating Income was $-4.33 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

California Style Palms 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.


California Style Palms  (OTCPK:CFPI) 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 .


California Style Palms Interest Coverage Related Terms

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


California Style Palms (California Style Palms) Business Description

Traded in Other Exchanges
N/A
Address
349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.
Executives
Andrew C Schmidt director 1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705

California Style Palms (California Style Palms) Headlines

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