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Online Vacation Center Holdings (Online Vacation Center Holdings) Interest Coverage : N/A (As of Sep. 2023)


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What is Online Vacation Center Holdings 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. Online Vacation Center Holdings's Operating Income for the three months ended in Sep. 2023 was $-0.13 Mil. Online Vacation Center Holdings's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Online Vacation Center Holdings Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Online Vacation Center Holdings's Interest Coverage or its related term are showing as below:


ONVC's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.15
* 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.


Online Vacation Center Holdings Interest Coverage Historical Data

The historical data trend for Online Vacation Center Holdings'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.

Online Vacation Center Holdings Interest Coverage Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt N/A N/A N/A N/A

Online Vacation Center Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 N/A N/A N/A N/A

Competitive Comparison of Online Vacation Center Holdings's Interest Coverage

For the Travel Services subindustry, Online Vacation Center Holdings'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.


Online Vacation Center Holdings's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Online Vacation Center Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Online Vacation Center Holdings's Interest Coverage falls into.



Online Vacation Center Holdings 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.

Online Vacation Center Holdings's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Online Vacation Center Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $1.34 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.46 Mil.

GuruFocus does not calculate Online Vacation Center Holdings's interest coverage with the available data.

Online Vacation Center Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Online Vacation Center Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.17 Mil.

GuruFocus does not calculate Online Vacation Center Holdings's interest coverage with the available data.

* 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.


Online Vacation Center Holdings  (OTCPK:ONVC) 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 .


Online Vacation Center Holdings Interest Coverage Related Terms

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


Online Vacation Center Holdings (Online Vacation Center Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets; and river, ocean, and land vacation packages, as well as operates a franchise that focused on travel sales through mobile agents. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travellers with websites to purchase hotel, resort, and vacation packages.
Executives
Edward Rudner director, 10 percent owner, officer: CEO & CFO 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Reginald Flosse 10 percent owner LOTISSEMENT MIRI, APT.A2, TAHIRI PUNAAUIA I4 TAHITI
David Nankin director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Daniel Joseph Rudner director 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Kurt Homfelt other: President, Dunhill Vacations 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Richard Anthony Mckinnon director 4404 DRUID LANE, DALLAS TX 75205
Brian P Froelich director 1801 NW 66TH AVENUE, SUITE 102, PLANTATION FL 33313
Simon Todd officer: Vice President 1801 NW 66 AVENUE, PLANTATION FL 33313
Frank D Bracken director 1801 N.W. 66 AVENUE, SUITE 102, PLANTATION FL 33313
Mary Louise Ruderman officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
Brenda Josowitz officer: Vice President 1801 NW 66 AVENUE, SUITE 102, PLANTATION FL 33313
William A Cataldo 10 percent owner SUITE 912 EXECUTIVE CENTER,, 1088 BISHOP STREET, HONOLULU HI 96813
Alan Rubin director, 10 percent owner, officer: CEO and CFO (see remarks) 334 FAIRMONT ROAD, WESTON FL 33326

Online Vacation Center Holdings (Online Vacation Center Holdings) Headlines

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