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Bucher Industries AG (Bucher Industries AG) Interest Coverage : 278.42 (As of Dec. 2023)


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What is Bucher Industries AG 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. Bucher Industries AG's Operating Income for the six months ended in Dec. 2023 was $193 Mil. Bucher Industries AG's Interest Expense for the six months ended in Dec. 2023 was $-1 Mil. Bucher Industries AG's interest coverage for the quarter that ended in Dec. 2023 was 278.42. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Bucher Industries AG has no debt.

The historical rank and industry rank for Bucher Industries AG's Interest Coverage or its related term are showing as below:

BCHHF' s Interest Coverage Range Over the Past 10 Years
Min: 14.01   Med: 68.19   Max: 169.64
Current: 142.59


BCHHF's Interest Coverage is ranked better than
84.59% of 2304 companies
in the Industrial Products industry
Industry Median: 13.775 vs BCHHF: 142.59

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


Bucher Industries AG Interest Coverage Historical Data

The historical data trend for Bucher Industries AG'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.

Bucher Industries AG Interest Coverage Chart

Bucher Industries AG 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 74.40 78.30 159.84 169.61 142.60

Bucher Industries AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 191.59 33.31 - 107.15 278.42

Competitive Comparison of Bucher Industries AG's Interest Coverage

For the Specialty Industrial Machinery subindustry, Bucher Industries AG'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.


Bucher Industries AG's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bucher Industries AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bucher Industries AG's Interest Coverage falls into.



Bucher Industries AG 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.

Bucher Industries AG'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, Bucher Industries AG's Interest Expense was $-3 Mil. Its Operating Income was $478 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*478.145/-3.353
=142.60

Bucher Industries AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Bucher Industries AG's Interest Expense was $-1 Mil. Its Operating Income was $193 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*193.224/-0.694
=278.42

* 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.


Bucher Industries AG  (OTCPK:BCHHF) 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 .


Bucher Industries AG Interest Coverage Related Terms

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


Bucher Industries AG (Bucher Industries AG) Business Description

Traded in Other Exchanges
Address
Murzlenstrasse 80, Niederweningen, CHE, 8166
Bucher Industries AG develops and manufactures economical, ecological components, machinery, and systems, and offers solutions for harvesting, producing, and packaging foods, keeping roads and public spaces clean and safe, and providing electrohydraulic drive systems for sophisticated machines. The Company comprises five segments: Kuhn Group manufactures agricultural machinery, Bucher Municipal provides municipal vehicles, Bucher Hydraulics provides hydraulic components and electrohydraulic systems, Bucher Emhart Glass manufactures equipment for the glass container industry, Bucher Specials manufactures equipment for processing beverages, as well as automation solutions. It derives a majority of its revenue from the Kuhn Group segment.

Bucher Industries AG (Bucher Industries AG) Headlines

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