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Universal Global Hub (Universal Global Hub) Interest Coverage : No Debt (1) (As of Jun. 2023)


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What is Universal Global Hub 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. Universal Global Hub's Operating Income for the three months ended in Jun. 2023 was $-0.01 Mil. Universal Global Hub's Interest Expense for the three months ended in Jun. 2023 was $0.00 Mil. Universal Global Hub has no debt. 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. Universal Global Hub Inc has enough cash to cover all of its debt. Its financial situation is stable.

(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 Universal Global Hub's Interest Coverage or its related term are showing as below:

UGHB' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


UGHB's Interest Coverage is not ranked
in the Diversified Financial Services industry.
Industry Median: No Debt vs UGHB: No Debt

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


Universal Global Hub Interest Coverage Historical Data

The historical data trend for Universal Global Hub'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.

Universal Global Hub Interest Coverage Chart

Universal Global Hub 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 No Debt No Debt No Debt No Debt

Universal Global Hub Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 No Debt No Debt No Debt

Competitive Comparison of Universal Global Hub's Interest Coverage

For the Shell Companies subindustry, Universal Global Hub'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.


Universal Global Hub's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Universal Global Hub's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Universal Global Hub's Interest Coverage falls into.



Universal Global Hub 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.

Universal Global Hub'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, Universal Global Hub's Interest Expense was $0.00 Mil. Its Operating Income was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Universal Global Hub had no debt (1).

Universal Global Hub's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Universal Global Hub's Interest Expense was $0.00 Mil. Its Operating Income was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Universal Global Hub 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.


Universal Global Hub  (OTCPK:UGHB) 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 .


Universal Global Hub Interest Coverage Related Terms

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


Universal Global Hub (Universal Global Hub) Business Description

Traded in Other Exchanges
N/A
Address
6141 186th Street, Suite 688, Fresh Meadows, New York, NY, USA, 11365
Universal Global Hub Inc is a blank check company.
Executives
Wei H Tsao director, officer: CEO, President 14112 79TH AVENUE, APT 1I, FLUSHING NY 11367
Nossiff John G Jr 10 percent owner 4 WILDER DR., #7, PLAISTOW NH 03865
Laurence H King director, officer: Chairman 425 BUENA VISTA RD, NEW YORK NY 10956
George Adyns officer: Chief Financial Officer 4 WILDER DR, #7, PLAISTOW NH 03865
Mark Shefts 10 percent owner 160 SUMMIT AVE, MONTVALE NJ 07645
Wanda D Shefts 10 percent owner 4461 WATERS EDGE LANE, SANIBEL FL 33957
Michael R. Rosa director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 4 WILDER DR. #7, PLAISTOW NH 03865
Ibrahim Ash officer: VICE PRES BUSINESS DEVELOPMENT 4 WILDER DR., #7, PLAISTOW NH 03865
Michael G Faris director, officer: Exec. VP, Operations & CFO 4 WILDER DR., #7, PLAISTOW NH 03865
Richard Chiang director, 10 percent owner, officer: President,Secretary,Treasurer, other: *Resigned positions 12/10/12 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107

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