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Nutritional Growth Solutions (ASX:NGS) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Nutritional Growth Solutions 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. Nutritional Growth Solutions's Operating Income for the six months ended in Dec. 2024 was A$-2.74 Mil. Nutritional Growth Solutions's Interest Expense for the six months ended in Dec. 2024 was A$0.24 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 Nutritional Growth Solutions's Interest Coverage or its related term are showing as below:


ASX:NGS's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.77
* 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.


Nutritional Growth Solutions Interest Coverage Historical Data

The historical data trend for Nutritional Growth Solutions'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.

Nutritional Growth Solutions Interest Coverage Chart

Nutritional Growth Solutions Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Nutritional Growth Solutions Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Nutritional Growth Solutions's Interest Coverage

For the Packaged Foods subindustry, Nutritional Growth Solutions'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.


Nutritional Growth Solutions's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nutritional Growth Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nutritional Growth Solutions's Interest Coverage falls into.


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Nutritional Growth Solutions 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.

Nutritional Growth Solutions'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, Nutritional Growth Solutions's Interest Expense was A$-0.12 Mil. Its Operating Income was A$-4.47 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

Nutritional Growth Solutions did not have earnings to cover the interest expense.

Nutritional Growth Solutions's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Nutritional Growth Solutions's Interest Expense was A$0.24 Mil. Its Operating Income was A$-2.74 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

* 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.


Nutritional Growth Solutions  (ASX:NGS) 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 .


Nutritional Growth Solutions Interest Coverage Related Terms

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


Nutritional Growth Solutions Business Description

Traded in Other Exchanges
N/A
Address
3 Hanechoshet Street, Yafo, Tel Aviv, ISR, 6971068
Nutritional Growth Solutions Ltd is engaged in the business of developing produces and selling clinically tested protein supplements for children. It offers protein shakes and other products to improve the height and weight of children. It generates its revenues through the sale of its products directly to customers. Its brands include Horlicks, Healthy Heights, Pro Up, and Healthy Height China. Geographically it operates in the United States and the Rest of the World and the majority of its revenue comes from the united states.