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Cars Motorcycles and Marine Engine Trade and Import Co (ATH:MOTO) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Cars Motorcycles and Marine Engine Trade and Import Co 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. Cars Motorcycles and Marine Engine Trade and Import Co's Operating Income for the three months ended in . 20 was €0.00 Mil. Cars Motorcycles and Marine Engine Trade and Import Co's Interest Expense for the three months ended in . 20 was €0.00 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 Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage or its related term are showing as below:


ATH:MOTO's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.73
* 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.


Cars Motorcycles and Marine Engine Trade and Import Co Interest Coverage Historical Data

The historical data trend for Cars Motorcycles and Marine Engine Trade and Import Co'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.

Cars Motorcycles and Marine Engine Trade and Import Co Interest Coverage Chart

Cars Motorcycles and Marine Engine Trade and Import Co Annual Data
Trend
Interest Coverage

Cars Motorcycles and Marine Engine Trade and Import Co Quarterly Data
Interest Coverage

Competitive Comparison of Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage

For the Auto & Truck Dealerships subindustry, Cars Motorcycles and Marine Engine Trade and Import Co'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.


Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage falls into.



Cars Motorcycles and Marine Engine Trade and Import Co 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.

Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Cars Motorcycles and Marine Engine Trade and Import Co's Interest Expense was €0.00 Mil. Its Operating Income was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Cars Motorcycles and Marine Engine Trade and Import Co had no debt (1).

Cars Motorcycles and Marine Engine Trade and Import Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Cars Motorcycles and Marine Engine Trade and Import Co's Interest Expense was €0.00 Mil. Its Operating Income was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Cars Motorcycles and Marine Engine Trade and Import Co 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.


Cars Motorcycles and Marine Engine Trade and Import Co  (ATH:MOTO) 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 .


Cars Motorcycles and Marine Engine Trade and Import Co Interest Coverage Related Terms

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Cars Motorcycles and Marine Engine Trade and Import Co (ATH:MOTO) Business Description

Traded in Other Exchanges
N/A
Address
14Km, Athens - Lamia, Kifisia, Athens, GRC
Cars Motorcycles and Marine Engine Trade and Import Co SA is into import, export, and distribution of vehicles and engines, and their related products. Its range of activities includes the representation, import, and trade of motorcycles, scooters and mega scooters, snowmobiles, electric generators, outboard motors, wave runners and dinghies, four-wheeled vehicles, as well as electric and gasoline golf cars. It also offers the full range of Yamaha Genuine accessories and spare parts, as well as motorcycle and ski jets lubricants. The Company offers all these products under the Yamaha brand name, as it is the exclusive representative of Yamaha in Greece. It also imports and trades products from other international companies including MBK, Alpinestars, Shark, and Pirelli.

Cars Motorcycles and Marine Engine Trade and Import Co (ATH:MOTO) Headlines

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