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. Fujairah Building Industries PJSC's
Operating Income
for the
six
months ended in Dec. 2023 was د.إ17.2 Mil. Fujairah Building Industries PJSC's Interest Expense for the
six
months ended in Dec. 2023 was د.إ-2.9 Mil.
Fujairah Building Industries PJSC's interest coverage for the quarter that ended in Dec. 2023 was 6.02.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Fujairah Building Industries PJSC's Interest Coverage or its related term are showing as below:
ADX:FBI's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.865 * Ranked among companies with meaningful Interest Coverage only.
Fujairah Building Industries PJSC (ADX:FBI) 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 .
Fujairah Building Industries PJSC Interest Coverage Related Terms
Fujairah Building Industries PJSC Interest Coverage Historical Data
* 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.
Fujairah Building Industries PJSC Interest Coverage Chart
ADX:FBI vs TT, JCI, CARR: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Fujairah Building Industries 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.
Fujairah Building Industries PJSC Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Fujairah Building Industries PJSC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Fujairah Building Industries PJSC's Interest Coverage falls into.
Fujairah Building Industries 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:
* 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.
Fujairah Building Industries PJSC (ADX:FBI) has a Interest Coverage of 6.02 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fujairah Building Industries PJSC and its competitors.
Is Fujairah Building Industries PJSC's Interest Coverage too high?
Fujairah Building Industries PJSC's current Interest Coverage is 6.02. The Construction industry median Interest Coverage is 7.87. Fujairah Building Industries PJSC's value of 6.02 is 23.5% below this industry median. Overall, Fujairah Building Industries PJSC has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Fujairah Building Industries PJSC's Interest Coverage compare to TT and JCI?
Fujairah Building Industries PJSC's Interest Coverage of 6.02 can be compared against companies in the Construction industry. The industry median Interest Coverage is 7.87. Fujairah Building Industries PJSC's value of 6.02 is 23.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fujairah Building Industries PJSC's current Interest Coverage of 6.02 is 23.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fujairah Building Industries PJSC and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujairah Building Industries PJSC's current Interest Coverage is 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujairah Building Industries PJSC stock overvalued right now?
Fujairah Building Industries PJSC (ADX:FBI) has a current Interest Coverage of 6.02. The current Interest Coverage is 6.02 and 23.5% below the Construction industry median of 7.87. Fujairah Building Industries PJSC's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Fujairah Building Industries PJSC (ADX:FBI), the current Interest Coverage is 6.02 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fujairah Building Industries PJSC Business Description
Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.
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