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Grupa Trinity (WAR:GTY) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Grupa Trinity 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. Grupa Trinity's Operating Income for the three months ended in Mar. 2024 was zł-0.03 Mil. Grupa Trinity's Interest Expense for the three months ended in Mar. 2024 was zł-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Grupa Trinity SA interest coverage is 1, which is low.

The historical rank and industry rank for Grupa Trinity's Interest Coverage or its related term are showing as below:

WAR:GTY' s Interest Coverage Range Over the Past 10 Years
Min: 0.83   Med: 1   Max: 49.22
Current: 1


WAR:GTY's Interest Coverage is ranked worse than
91.29% of 459 companies
in the Capital Markets industry
Industry Median: 20.56 vs WAR:GTY: 1.00

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


Grupa Trinity Interest Coverage Historical Data

The historical data trend for Grupa Trinity'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.

Grupa Trinity Interest Coverage Chart

Grupa Trinity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.83 - 1.00

Grupa Trinity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 14.83 -

Competitive Comparison of Grupa Trinity's Interest Coverage

For the Capital Markets subindustry, Grupa Trinity'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.


Grupa Trinity's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Grupa Trinity's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grupa Trinity's Interest Coverage falls into.



Grupa Trinity 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.

Grupa Trinity'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, Grupa Trinity's Interest Expense was zł-0.02 Mil. Its Operating Income was zł0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*0.02/-0.02
=1.00

Grupa Trinity's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Grupa Trinity's Interest Expense was zł-0.00 Mil. Its Operating Income was zł-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Grupa Trinity 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.


Grupa Trinity  (WAR:GTY) 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 .


Grupa Trinity Interest Coverage Related Terms

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


Grupa Trinity (WAR:GTY) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ruska 11/12, Wroclaw, POL, 50-079
Grupa Trinity SA provides services in the field of transaction advisory, legal advice and investments. Transaction advisory area deals with mergers and acquisitions, Legal advice is mainly into capital law sector, supporting companies in the processes related to their sale, restructuring or auditing. Whereas Investment activity offers Financing in venture capital and private equity.

Grupa Trinity (WAR:GTY) Headlines

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