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Universal Power Industry (Universal Power Industry) Interest Coverage : No Debt (1) (As of Mar. 2016)


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What is Universal Power Industry 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 Power Industry's Operating Income for the three months ended in Mar. 2016 was $-0.02 Mil. Universal Power Industry's Interest Expense for the three months ended in Mar. 2016 was $0.00 Mil. Universal Power Industry 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 Universal Power Industry's Interest Coverage or its related term are showing as below:


UPIN's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.03
* 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.


Universal Power Industry Interest Coverage Historical Data

The historical data trend for Universal Power Industry'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 Power Industry Interest Coverage Chart

Universal Power Industry Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Jun14 Jun15 Jun23
Interest Coverage
Get a 7-Day Free Trial - - No Debt No Debt 1.53

Universal Power Industry Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 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 N/A

Competitive Comparison of Universal Power Industry's Interest Coverage

For the Conglomerates subindustry, Universal Power Industry'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 Power Industry's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Universal Power Industry's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Universal Power Industry's Interest Coverage falls into.



Universal Power Industry 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 Power Industry's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Universal Power Industry's Interest Expense was $-0.11 Mil. Its Operating Income was $0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.22 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*0.162/-0.106
=1.53

Universal Power Industry's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Here, for the three months ended in Mar. 2016, Universal Power Industry's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Universal Power Industry 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 Power Industry  (OTCPK:UPIN) 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 Power Industry Interest Coverage Related Terms

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


Universal Power Industry (Universal Power Industry) Business Description

Traded in Other Exchanges
N/A
Address
3 Grace Avenue, Suite 100, Great Neck, NY, USA, 11021
Universal Power Industry Corp is a diversified holding company. It owns, invests, and or manages businesses and real estate, and on special situations provides financing solutions to companies at various developmental stages. Its business objectives cover a wide range of sectors from consumer/industrial products and technology research and development/startups.

Universal Power Industry (Universal Power Industry) Headlines