E7 Group PJSC (ADX:E7) Interest Coverage : 33.24 (As of Dec. 2024)

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What is E7 Group PJSC 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. E7 Group PJSC's Operating Income for the three months ended in Dec. 2024 was د.إ50.1 Mil. E7 Group PJSC's Interest Expense for the three months ended in Dec. 2024 was د.إ-1.5 Mil. E7 Group PJSC's interest coverage for the quarter that ended in Dec. 2024 was 33.24. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. E7 Group PJSC has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for E7 Group PJSC's Interest Coverage or its related term are showing as below:

ADX:E7' s Interest Coverage Range Over the Past 10 Years
Min: 65.21 Med: 84.02 Max: 106.93
Current: 65.21

ADX:E7's Interest Coverage is ranked better than
87.09% of 426 companies
in the Conglomerates industry
Industry Median: 5.065 vs ADX:E7: 65.21

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

E7 Group PJSC Interest Coverage Historical Data

The historical data trend for E7 Group PJSC'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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E7 Group PJSC Interest Coverage Chart

E7 Group PJSC Annual Data

Trend

Dec22

Dec23

Dec24

Interest Coverage

106.93

84.02

65.21

E7 Group PJSC Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial						27.86	69.62	119.11	187.07	33.24

Competitive Comparison of E7 Group PJSC's Interest Coverage

For the Conglomerates subindustry, E7 Group PJSC'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.

E7 Group PJSC's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, E7 Group PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where E7 Group PJSC's Interest Coverage falls into.

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E7 Group PJSC 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.

E7 Group PJSC's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, E7 Group PJSC's Interest Expense was د.إ-2.2 Mil. Its Operating Income was د.إ144.1 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ8.8 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	144.105	/	-2.21
	=	65.21

E7 Group PJSC's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, E7 Group PJSC's Interest Expense was د.إ-1.5 Mil. Its Operating Income was د.إ50.1 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ8.8 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	50.122	/	-1.508
	=	33.24

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

E7 Group PJSC (ADX:E7) 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 .

E7 Group PJSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of E7 Group PJSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

E7 Group PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » E7 Group PJSC (ADX:E7) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Shahama, Plot 220, Abu Dhabi, ARE

Website

https://www.e7group.ae

E7 Group PJSC is a Special Purpose Acquisition Company. The company provides security solutions, commercial printing, packaging, logistics, and fulfillment business. The company generates revenue from two main sources: printing and distribution. Printing revenue includes income from commercial printing, newspaper printing, and card printing. Sales of newspapers, cards, and other printed materials are recognized when control of the goods transfers to the customer upon delivery, ensuring the customer has full discretion and there are no outstanding obligations affecting acceptance. Distribution revenue stems from the Company's provision of distribution services.

E7 Group PJSC Headlines

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