DIBS Payment Services AB (OSTO:DIBS) Interest Coverage : No Debt ⁽¹⁾ (As of Sep. 2014)

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What is DIBS Payment Services AB 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. DIBS Payment Services AB's Operating Income for the three months ended in Sep. 2014 was kr9.4 Mil. DIBS Payment Services AB's Interest Expense for the three months ended in Sep. 2014 was kr0.0 Mil. DIBS Payment Services AB 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 DIBS Payment Services AB's Interest Coverage or its related term are showing as below:

OSTO:DIBS' s Interest Coverage Range Over the Past 10 Years
Min: 0 Med: 0 Max: 106.91
Current: 106.91

OSTO:DIBS's Interest Coverage is not ranked
in the Business Services industry.
Industry Median: 13.34 vs OSTO:DIBS: 106.91

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

DIBS Payment Services AB Interest Coverage Historical Data

The historical data trend for DIBS Payment Services AB'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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DIBS Payment Services AB Interest Coverage Chart

DIBS Payment Services AB Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Interest Coverage

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110.98

No Debt

32.85

DIBS Payment Services AB Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Interest Coverage	Get a 7-Day Free Trial															No Debt	25.19	No Debt	No Debt	No Debt

Competitive Comparison of DIBS Payment Services AB's Interest Coverage

For the Specialty Business Services subindustry, DIBS Payment Services AB'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.

DIBS Payment Services AB's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DIBS Payment Services AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DIBS Payment Services AB's Interest Coverage falls into.

DIBS Payment Services AB 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.

DIBS Payment Services AB's Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, DIBS Payment Services AB's Interest Expense was kr-0.8 Mil. Its Operating Income was kr26.5 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2013 )	/	Interest Expense (A: Dec. 2013 )
	=	-1	*	26.513	/	-0.807
	=	32.85

DIBS Payment Services AB's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Here, for the three months ended in Sep. 2014, DIBS Payment Services AB's Interest Expense was kr0.0 Mil. Its Operating Income was kr9.4 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

DIBS Payment Services AB had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

DIBS Payment Services AB (OSTO:DIBS) 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 .

DIBS Payment Services AB Interest Coverage Related Terms

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