Cal Bay International (Cal Bay International) Interest Coverage : No Debt ⁽¹⁾ (As of Sep. 2006)

Cal Bay International Interest Coverage Chart

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	N/A	No Debt

Competitive Comparison of Cal Bay International's Interest Coverage

For the Capital Markets subindustry, Cal Bay International'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.

Cal Bay International's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cal Bay International's Interest Coverage falls into.

Cal Bay International 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Cal Bay International's Interest Coverage for the fiscal year that ended in Dec. 2005 is calculated as

Here, for the fiscal year that ended in Dec. 2005, Cal Bay International's Interest Expense was $0.00 Mil. Its Operating Income was $-2.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Cal Bay International's Interest Coverage for the quarter that ended in Sep. 2006 is calculated as

Here, for the three months ended in Sep. 2006, Cal Bay International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

* 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.

Cal Bay International  (OTCPK:CBYI) 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 .

Cal Bay International Interest Coverage Related Terms

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Cal Bay International (Cal Bay International) Business Description