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InCapta (InCapta) Interest Coverage : No Debt (1) (As of Dec. 2020)


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What is InCapta 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. InCapta's Operating Income for the six months ended in Dec. 2020 was $0.18 Mil. InCapta's Interest Expense for the six months ended in Dec. 2020 was $0.00 Mil. InCapta 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 InCapta's Interest Coverage or its related term are showing as below:


INCT's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.615
* 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.


InCapta Interest Coverage Historical Data

The historical data trend for InCapta'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.

InCapta Interest Coverage Chart

InCapta Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt No Debt No Debt

InCapta Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 - - No Debt No Debt No Debt

Competitive Comparison of InCapta's Interest Coverage

For the Broadcasting subindustry, InCapta'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.


InCapta's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InCapta's Interest Coverage distribution charts can be found below:

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



InCapta 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.

InCapta's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, InCapta's Interest Expense was $0.00 Mil. Its Operating Income was $0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

InCapta had no debt (1).

InCapta's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the six months ended in Dec. 2020, InCapta's Interest Expense was $0.00 Mil. Its Operating Income was $0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

InCapta 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.


InCapta  (OTCPK:INCT) 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 .


InCapta Interest Coverage Related Terms

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


InCapta (InCapta) Business Description

Traded in Other Exchanges
N/A
Address
1876 Horse Creek Road, Cheyenne, WY, USA, 82009
InCapta Inc is a media holding company which invests in radio, television, movie production, and television productions to be used in online cloud television and radio. The company is engaged in pre-production of two full-length movies; developing half-hour television shows and producing radio talk shows on Leading Edge Radio Network. It derives revenue from media consulting, online television clients, monthly fees for online cloud television networks, websites, and membership fees with clients. In addition, the company also owns a nationwide wholesale grocery operation with clients in 48 states and is developing an online movie channel.
Executives
Creative Financial Services Inc. director, 10 percent owner, officer: Chief Executive Officer 638 N. 5TH AVENUE PHOENIX AZ 85003
Gregory Bryan Martin officer: President 1950 FIFTH AVE #100 SAN DIEGO CA 92101
Acunto John P Jr 10 percent owner 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Arlene Mcmachen 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Glenn Sr Mcmachen director, 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Marty Schiff director 61 LEMON ST. UNIONTOWN PA 15401
Flexible Growth & Income Fund Co, Llc 10 percent owner 1015 MASSACHUSETTS AVE. LEXINGTON MA 02420
Mark Crist director
Donald Neal Gallent officer: President 701 WOODRIDGE COURT BRENTWOOD TN 37027
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
Ismat Sawaqed director 1535 BLACKJACK ROAD FRANKLIN KY 42134
John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134

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