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Diebold Nixdorf AG (Diebold Nixdorf AG) Interest Coverage : 0 (At Loss) (As of Dec. 2022)


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What is Diebold Nixdorf 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. Diebold Nixdorf AG's Operating Income for the six months ended in Dec. 2022 was $-105 Mil. Diebold Nixdorf AG's Interest Expense for the six months ended in Dec. 2022 was $-199 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


WNXDY's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.37
* Ranked among companies with meaningful Interest Coverage only.

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


Diebold Nixdorf AG Interest Coverage Historical Data

The historical data trend for Diebold Nixdorf 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.

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Diebold Nixdorf AG Interest Coverage Chart

Diebold Nixdorf AG Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.59 29.31 14.95 0.16 0.72

Diebold Nixdorf AG Semi-Annual Data
Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec20 Dec21 Dec22
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 29.31 14.95 0.16 0.72 -

Competitive Comparison of Diebold Nixdorf AG's Interest Coverage

For the Information Technology Services subindustry, Diebold Nixdorf 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.


Diebold Nixdorf AG's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Diebold Nixdorf AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Diebold Nixdorf AG's Interest Coverage falls into.



Diebold Nixdorf 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.

Diebold Nixdorf AG's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Diebold Nixdorf AG's Interest Expense was $-195 Mil. Its Operating Income was $142 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,349 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*141.5/-195.3
=0.72

Diebold Nixdorf AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Diebold Nixdorf AG's Interest Expense was $-199 Mil. Its Operating Income was $-105 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,663 Mil.

Diebold Nixdorf AG 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.


Diebold Nixdorf AG  (OTCPK:WNXDY) 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 .


Diebold Nixdorf AG Interest Coverage Related Terms

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


Diebold Nixdorf AG (Diebold Nixdorf AG) Business Description

Traded in Other Exchanges
N/A
Address
50 Executive Parkway, P.O. Box 2520, Hudson, OH, USA, 44236-1605
Diebold Nixdorf AG is a provider of information technology solutions and services to retail banks and the retail industry. The company's core business activities are categorized into two key segments - Banking and Retail segments. The Banking segment is dealing with the development, manufacture, and sale of hardware, software, and services for customers in the banking industry. The Retail segment is engaged in the development, production, logistics, marketing, and sale of hardware together with software and other services for retail customers. Diebold Nixdorf has a presence in more than 130 countries.

Diebold Nixdorf AG (Diebold Nixdorf AG) Headlines

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