Illovo Sugar (Illovo Sugar) Interest Coverage : 5.14 (As of Sep. 2015)

Illovo Sugar Interest Coverage Chart

Illovo Sugar Annual Data
	Trend	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15
Interest Coverage		Get a 7-Day Free Trial					8.73	4.92	6.28	5.67	4.61

Illovo Sugar Semi-Annual Data
	Mar03	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15
Interest Coverage	Get a 7-Day Free Trial															10.68	1.51	9.39	1.25	5.14

Competitive Comparison of Illovo Sugar's Interest Coverage

For the Confectioners subindustry, Illovo Sugar'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.

Illovo Sugar's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Illovo Sugar's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Illovo Sugar's Interest Coverage falls into.

Illovo Sugar 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Illovo Sugar's Interest Coverage for the fiscal year that ended in Mar. 2015 is calculated as

Here, for the fiscal year that ended in Mar. 2015, Illovo Sugar's Interest Expense was $-30 Mil. Its Operating Income was $137 Mil. And its Long-Term Debt & Capital Lease Obligation was $169 Mil.

Illovo Sugar's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Here, for the six months ended in Sep. 2015, Illovo Sugar's Interest Expense was $-13 Mil. Its Operating Income was $65 Mil. And its Long-Term Debt & Capital Lease Obligation was $181 Mil.

* 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.

Illovo Sugar  (OTCPK:ILVOF) 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 .

Illovo Sugar Interest Coverage Related Terms

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Illovo Sugar (Illovo Sugar) Business Description