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LINK Mobility Group Holding ASA (OSL:LINK) Interest Coverage : 4.06 (As of Dec. 2023)


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What is LINK Mobility Group Holding ASA 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. LINK Mobility Group Holding ASA's Operating Income for the three months ended in Dec. 2023 was kr138 Mil. LINK Mobility Group Holding ASA's Interest Expense for the three months ended in Dec. 2023 was kr-34 Mil. LINK Mobility Group Holding ASA's interest coverage for the quarter that ended in Dec. 2023 was 4.06. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for LINK Mobility Group Holding ASA's Interest Coverage or its related term are showing as below:

OSL:LINK' s Interest Coverage Range Over the Past 10 Years
Min: 0.16   Med: 0.52   Max: 3.19
Current: 1.6


OSL:LINK's Interest Coverage is ranked worse than
79.24% of 289 companies
in the Telecommunication Services industry
Industry Median: 4.63 vs OSL:LINK: 1.60

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


LINK Mobility Group Holding ASA Interest Coverage Historical Data

The historical data trend for LINK Mobility Group Holding ASA'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.

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LINK Mobility Group Holding ASA Interest Coverage Chart

LINK Mobility Group Holding ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 0.16 0.30 0.42 0.61 1.11

LINK Mobility Group Holding ASA Quarterly Data
Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.02 1.67 0.57 0.26 4.06

Competitive Comparison of LINK Mobility Group Holding ASA's Interest Coverage

For the Telecom Services subindustry, LINK Mobility Group Holding ASA'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.


LINK Mobility Group Holding ASA's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LINK Mobility Group Holding ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where LINK Mobility Group Holding ASA's Interest Coverage falls into.



LINK Mobility Group Holding ASA 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.

LINK Mobility Group Holding ASA's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, LINK Mobility Group Holding ASA's Interest Expense was kr-146 Mil. Its Operating Income was kr162 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,040 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*161.861/-146.04
=1.11

LINK Mobility Group Holding ASA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, LINK Mobility Group Holding ASA's Interest Expense was kr-34 Mil. Its Operating Income was kr138 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,040 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*138.102/-34.023
=4.06

* 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.


LINK Mobility Group Holding ASA  (OSL:LINK) 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 .


LINK Mobility Group Holding ASA Interest Coverage Related Terms

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LINK Mobility Group Holding ASA (OSL:LINK) Business Description

Traded in Other Exchanges
Address
Universitetsgata 2, Oslo, NOR, 0164
LINK Mobility Group Holding ASA is a provider of mobile messaging and communication platform as a service (CPaaS) solutions for customer engagement serving enterprise, small and medium enterprises, and government customers. The company offers a wide range of scalable mobile solutions, creating valuable digital convergence between businesses and customers, platforms and users.