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3 Sixty Risk Solutions (3 Sixty Risk Solutions) Interest Coverage : 0 (At Loss) (As of Sep. 2019)


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What is 3 Sixty Risk Solutions 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. 3 Sixty Risk Solutions's Operating Income for the three months ended in Sep. 2019 was $-1.72 Mil. 3 Sixty Risk Solutions's Interest Expense for the three months ended in Sep. 2019 was $-0.14 Mil. did not have earnings to cover the interest expense. 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 3 Sixty Risk Solutions's Interest Coverage or its related term are showing as below:


SAYFF's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.67
* 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.


3 Sixty Risk Solutions Interest Coverage Historical Data

The historical data trend for 3 Sixty Risk Solutions'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.

3 Sixty Risk Solutions Interest Coverage Chart

3 Sixty Risk Solutions Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - No Debt No Debt No Debt

3 Sixty Risk Solutions Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - -

Competitive Comparison of 3 Sixty Risk Solutions's Interest Coverage

For the Specialty Business Services subindustry, 3 Sixty Risk Solutions'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.


3 Sixty Risk Solutions's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, 3 Sixty Risk Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where 3 Sixty Risk Solutions's Interest Coverage falls into.



3 Sixty Risk Solutions 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.

3 Sixty Risk Solutions's Interest Coverage for the fiscal year that ended in Sep. 2018 is calculated as

Here, for the fiscal year that ended in Sep. 2018, 3 Sixty Risk Solutions's Interest Expense was $0.00 Mil. Its Operating Income was $-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

3 Sixty Risk Solutions had no debt (1).

3 Sixty Risk Solutions's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, 3 Sixty Risk Solutions's Interest Expense was $-0.14 Mil. Its Operating Income was $-1.72 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.16 Mil.

3 Sixty Risk Solutions 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.


3 Sixty Risk Solutions  (OTCPK:SAYFF) 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 .


3 Sixty Risk Solutions Interest Coverage Related Terms

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3 Sixty Risk Solutions (3 Sixty Risk Solutions) Business Description

Traded in Other Exchanges
N/A
Address
12-83 Little Bridge Street, Almonte, ON, CAN, V6C 2V6
3 Sixty Risk Solutions Ltd provides risk mitigation services to the public and private sectors. It offers services primarily in the risk management spectrum, from providing secure transport services nationally, to embedding security specialists within Canada. The company also is focused on physical security and transportation within the cannabis industry. It also provides corporate knowledge and experience in diverse environments and sectors across Canada and Internationally including cannabis, critical infrastructure, non-core policing, oil and gas, and mining.

3 Sixty Risk Solutions (3 Sixty Risk Solutions) Headlines

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