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Akary for Industries and Real Estated Investments Co (AMM:WOOL) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Akary for Industries and Real Estated Investments Co 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. Akary for Industries and Real Estated Investments Co's Operating Income for the six months ended in . 20 was JOD0.00 Mil. Akary for Industries and Real Estated Investments Co's Interest Expense for the six months ended in . 20 was JOD0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Akary for Industries and Real Estated Investments Co's Interest Coverage or its related term are showing as below:


AMM:WOOL's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.11
* 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.


Akary for Industries and Real Estated Investments Co Interest Coverage Historical Data

The historical data trend for Akary for Industries and Real Estated Investments Co'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.

* Premium members only.

Akary for Industries and Real Estated Investments Co Interest Coverage Chart

Akary for Industries and Real Estated Investments Co Annual Data
Trend
Interest Coverage

Akary for Industries and Real Estated Investments Co Semi-Annual Data
Interest Coverage

Competitive Comparison of Akary for Industries and Real Estated Investments Co's Interest Coverage

For the Conglomerates subindustry, Akary for Industries and Real Estated Investments Co'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.


Akary for Industries and Real Estated Investments Co's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Akary for Industries and Real Estated Investments Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Akary for Industries and Real Estated Investments Co's Interest Coverage falls into.



Akary for Industries and Real Estated Investments Co 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.

Akary for Industries and Real Estated Investments Co's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Akary for Industries and Real Estated Investments Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Akary for Industries and Real Estated Investments Co had no debt (1).

Akary for Industries and Real Estated Investments Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Akary for Industries and Real Estated Investments Co's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Akary for Industries and Real Estated Investments Co had no debt (1).

* 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.


Akary for Industries and Real Estated Investments Co  (AMM:WOOL) 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 .


Akary for Industries and Real Estated Investments Co Interest Coverage Related Terms

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Akary for Industries and Real Estated Investments Co (AMM:WOOL) Business Description

Traded in Other Exchanges
N/A
Address
Al-Gardens Street, Wasfi Al-Tal Street, Building 105, P.O. Box 1728, Amman, JOR, 11118
Website
Akary for Industries and Real Estated Investments Co PLC is an investment company. The company is engaged in purchase and sale of shares, bonds and securities, purchase land for setting up of residential apartments as well as development for sale and investment, leasing finance for movable and immovable assets.

Akary for Industries and Real Estated Investments Co (AMM:WOOL) Headlines

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