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Interest Coverage
0.00 (As of . 20)

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. 's Operating Income for the six months ended in . 20 was \$0.00 Mil. 's Interest Expense for the six months ended in . 20 was \$0.00 Mil. 's interest coverage for the quarter that ended in . 20 was 0.00. The higher the ratio, the stronger the companys financial strength is.

RNST^M' s 10-Year Interest Coverage Range
Min: 0   Max: 0
Current: 0

During the past 0 years, the highest interest coverage of was . The lowest was . And the median was .

RNST^M's Interest Coverageis ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. RNST^M: )

Definition

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

 did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt is 0, or Interest Expense is positive, then

's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, 's Interest Expense was \$0.00 Mil. Its Operating Income was \$0.00 Mil. And its Long-Term Debt was \$0.00 Mil.

's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, 's Interest Expense was \$0.00 Mil. Its Operating Income was \$0.00 Mil. And its Long-Term Debt was \$0.00 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

The higher the ratio, the stronger the companys financial strength is.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Annual Data

 interest_coverage At Loss At Loss At Loss At Loss At Loss At Loss At Loss At Loss At Loss At Loss

Semi-Annual Data

 interest_coverage At Loss At Loss At Loss At Loss At Loss At Loss At Loss At Loss At Loss At Loss
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