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Myanmar Investments International (AQSE:MIL.GB) Interest Coverage : 0 (At Loss) (As of Sep. 2022)


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What is Myanmar Investments International 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. Myanmar Investments International's Operating Income for the six months ended in Sep. 2022 was $-0.29 Mil. Myanmar Investments International's Interest Expense for the six months ended in Sep. 2022 was $-0.00 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 Myanmar Investments International's Interest Coverage or its related term are showing as below:


AQSE:MIL.GB's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 43.63
* 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.


Myanmar Investments International Interest Coverage Historical Data

The historical data trend for Myanmar Investments International'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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Myanmar Investments International Interest Coverage Chart

Myanmar Investments International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep21
Interest Coverage
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Myanmar Investments International Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Sep22
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Competitive Comparison of Myanmar Investments International's Interest Coverage

For the Asset Management subindustry, Myanmar Investments International'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.


Myanmar Investments International's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Myanmar Investments International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Myanmar Investments International's Interest Coverage falls into.



Myanmar Investments International 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.

Myanmar Investments International's Interest Coverage for the fiscal year that ended in Sep. 2021 is calculated as

Here, for the fiscal year that ended in Sep. 2021, Myanmar Investments International's Interest Expense was $-0.01 Mil. Its Operating Income was $-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Myanmar Investments International did not have earnings to cover the interest expense.

Myanmar Investments International's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the six months ended in Sep. 2022, Myanmar Investments International's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Myanmar Investments International 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.


Myanmar Investments International  (AQSE:MIL.GB) 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 .


Myanmar Investments International Interest Coverage Related Terms

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


Myanmar Investments International (AQSE:MIL.GB) Business Description

Traded in Other Exchanges
Address
Wickhams Cay I, Jayla Place, Tortola, Road Town, VGB, VG1110
Myanmar Investments International Ltd is an investment company. The company aims to produce long-term capital appreciation and income from proactive participation in Myanmar's re-emergence. The company makes investments in companies, businesses, or assets located in Myanmar. The company invests in sectors such as telecoms, finance, and healthcare.

Myanmar Investments International (AQSE:MIL.GB) Headlines

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