GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Craven House Capital PLC (LSE:CRV) » Definitions » Interest Coverage

Craven House Capital (LSE:CRV) Interest Coverage : 0 (At Loss) (As of Nov. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Craven House Capital 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. Craven House Capital's Operating Income for the six months ended in Nov. 2023 was $-0.08 Mil. Craven House Capital's Interest Expense for the six months ended in Nov. 2023 was $-0.04 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Craven House Capital's Interest Coverage or its related term are showing as below:


LSE:CRV's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 39.105
* 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.


Craven House Capital Interest Coverage Historical Data

The historical data trend for Craven House Capital'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.

Craven House Capital Interest Coverage Chart

Craven House Capital Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A No Debt No Debt - -

Craven House Capital Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 Craven House Capital's Interest Coverage

For the Asset Management subindustry, Craven House Capital'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.


Craven House Capital's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Craven House Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Craven House Capital's Interest Coverage falls into.



Craven House Capital 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.

Craven House Capital's Interest Coverage for the fiscal year that ended in May. 2023 is calculated as

Here, for the fiscal year that ended in May. 2023, Craven House Capital's Interest Expense was $-0.07 Mil. Its Operating Income was $-5.45 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Craven House Capital did not have earnings to cover the interest expense.

Craven House Capital's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the six months ended in Nov. 2023, Craven House Capital's Interest Expense was $-0.04 Mil. Its Operating Income was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Craven House Capital 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.


Craven House Capital  (LSE:CRV) 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 .


Craven House Capital Interest Coverage Related Terms

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


Craven House Capital (LSE:CRV) Business Description

Traded in Other Exchanges
N/A
Address
776-778 Barking Road, London, GBR, E13 9PJ
Craven House Capital PLC is a United Kingdom-based market investment company. It adopts the traditional merchant banking approach whereby it identifies and invests in good quality and high growth operating companies with management that demonstrates the local knowledge and business acumen to thrive in the chosen market. The company's Investing Policy is to invest in or acquire a portfolio of companies, partnerships, joint ventures, businesses, or other assets participating in the e-Commerce sector.

Craven House Capital (LSE:CRV) Headlines

No Headlines