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GPO Plus (GPO Plus) Interest Coverage : 0 (At Loss) (As of Jan. 2024)


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What is GPO Plus 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. GPO Plus's Operating Income for the three months ended in Jan. 2024 was $-0.75 Mil. GPO Plus's Interest Expense for the three months ended in Jan. 2024 was $-0.15 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 GPO Plus's Interest Coverage or its related term are showing as below:


GPOX's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.48
* 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.


GPO Plus Interest Coverage Historical Data

The historical data trend for GPO Plus'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.

GPO Plus Interest Coverage Chart

GPO Plus Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt - -

GPO Plus Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of GPO Plus's Interest Coverage

For the Specialty Business Services subindustry, GPO Plus'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.


GPO Plus's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPO Plus's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GPO Plus's Interest Coverage falls into.



GPO Plus 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.

GPO Plus's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, GPO Plus's Interest Expense was $-0.42 Mil. Its Operating Income was $-3.61 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.09 Mil.

GPO Plus did not have earnings to cover the interest expense.

GPO Plus's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, GPO Plus's Interest Expense was $-0.15 Mil. Its Operating Income was $-0.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.16 Mil.

GPO Plus 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.


GPO Plus  (OTCPK:GPOX) 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 .


GPO Plus Interest Coverage Related Terms

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


GPO Plus (GPO Plus) Business Description

Traded in Other Exchanges
N/A
Address
3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120
GPO Plus Inc is a fully reporting global holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting our products to customers), marketing (promoting our products), and sales (selling our products to consumers and retailers).