Gevorkyan CZ sro (XBRA:1GVR001E) Interest Coverage : 9.33 (As of Mar. 2024)

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What is Gevorkyan CZ sro 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. Gevorkyan CZ sro's Operating Income for the three months ended in Mar. 2024 was €3.93 Mil. Gevorkyan CZ sro's Interest Expense for the three months ended in Mar. 2024 was €-0.42 Mil. Gevorkyan CZ sro's interest coverage for the quarter that ended in Mar. 2024 was 9.33. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Gevorkyan CZ sro's Interest Coverage or its related term are showing as below:

XBRA:1GVR001E' s Interest Coverage Range Over the Past 10 Years
Min: 1.93 Med: 2.92 Max: 15.83
Current: 15.83

XBRA:1GVR001E's Interest Coverage is ranked better than
53.29% of 2297 companies
in the Industrial Products industry
Industry Median: 13.68 vs XBRA:1GVR001E: 15.83

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

Gevorkyan CZ sro Interest Coverage Historical Data

The historical data trend for Gevorkyan CZ sro'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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Gevorkyan CZ sro Interest Coverage Chart

Gevorkyan CZ sro Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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2.92

3.15

3.65

2.86

2.56

Gevorkyan CZ sro Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial										N/A	No Debt	No Debt	N/A	9.33

Competitive Comparison of Gevorkyan CZ sro's Interest Coverage

For the Tools & Accessories subindustry, Gevorkyan CZ sro'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.

Gevorkyan CZ sro's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gevorkyan CZ sro's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gevorkyan CZ sro's Interest Coverage falls into.

Gevorkyan CZ sro 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.

Gevorkyan CZ sro'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, Gevorkyan CZ sro's Interest Expense was €-3.45 Mil. Its Operating Income was €8.83 Mil. And its Long-Term Debt & Capital Lease Obligation was €22.74 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	8.832	/	-3.446
	=	2.56

Gevorkyan CZ sro's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Gevorkyan CZ sro's Interest Expense was €-0.42 Mil. Its Operating Income was €3.93 Mil. And its Long-Term Debt & Capital Lease Obligation was €73.83 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	3.926	/	-0.421
	=	9.33

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

Gevorkyan CZ sro (XBRA:1GVR001E) 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 .

Gevorkyan CZ sro Interest Coverage Related Terms

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

Gevorkyan CZ sro (XBRA:1GVR001E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gevorkyan CZ sro (XBRA:1GVR001E) » Definitions » Interest Coverage

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GEV:Czech Republic

Address

Karolinska 661/4, Karlín, Praha 8, Prague, CZE, 186 00

Website

https://www.gevorkyan.sk

Gevorkyan CZ sro engages in powder metallurgy. Its technologies consist of Powder metallurgy (PM SINTER) Sintering-classical powder metallurgy is the production of metal products from powders by pressing and subsequent high-temperature sintering in furnaces; Metal powder injection moulding (MIM) technology is based on three basic processes: selecting the right combination of metal powders and polymers, injecting the material into the mould and sintering in special furnaces; Hot isostatic pressing (HIP) is the process of compacting powders or castings and sintered parts in a furnace at high pressure and temperature; Additive manufacturing (AM) is the deposition of fine layers of metal powders on a 3D printer followed by sintering.

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