GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brite-Strike Tactical Illumination Products Inc (OTCPK:BSTK) » Definitions » Interest Coverage

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Interest Coverage : No Debt (1) (As of Sep. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Brite-Strike Tactical Illumination Products 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. Brite-Strike Tactical Illumination Products's Operating Income for the three months ended in Sep. 2023 was $-0.00 Mil. Brite-Strike Tactical Illumination Products's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Brite-Strike Tactical Illumination Products 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 Brite-Strike Tactical Illumination Products's Interest Coverage or its related term are showing as below:

BSTK' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BSTK's Interest Coverage is ranked better than
99.56% of 2298 companies
in the Industrial Products industry
Industry Median: 13.58 vs BSTK: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Brite-Strike Tactical Illumination Products Interest Coverage Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Interest Coverage Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Interest Coverage
N/A No Debt No Debt No Debt No Debt

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Sep23
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 No Debt No Debt No Debt No Debt

Competitive Comparison of Brite-Strike Tactical Illumination Products's Interest Coverage

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Interest Coverage falls into.



Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Brite-Strike Tactical Illumination Products's Interest Expense was $0.00 Mil. Its Operating Income was $0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Brite-Strike Tactical Illumination Products had no debt (1).

Brite-Strike Tactical Illumination Products's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products 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.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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 .


Brite-Strike Tactical Illumination Products Interest Coverage Related Terms

Thank you for viewing the detailed overview of Brite-Strike Tactical Illumination Products's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Traded in Other Exchanges
N/A
Address
1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Headlines

From GuruFocus

Brite-Strike develops Covid-19 medical device

By PRNewswire PRNewswire 06-23-2020