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Dias Aquaculture (ATH:DIFF) Interest Coverage : No Debt (1) (As of Jun. 2016)


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What is Dias Aquaculture 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. Dias Aquaculture's Operating Income for the three months ended in Jun. 2016 was €0.00 Mil. Dias Aquaculture's Interest Expense for the three months ended in Jun. 2016 was €0.00 Mil. Dias Aquaculture has no debt. 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 Dias Aquaculture's Interest Coverage or its related term are showing as below:


ATH:DIFF'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.


Dias Aquaculture Interest Coverage Historical Data

The historical data trend for Dias Aquaculture'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.

Dias Aquaculture Interest Coverage Chart

Dias Aquaculture Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec14 Dec15
Interest Coverage
Get a 7-Day Free Trial 1.66 2.56 1.06 - -

Dias Aquaculture Quarterly Data
Jun09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep12 Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.16 No Debt

Competitive Comparison of Dias Aquaculture's Interest Coverage

For the Farm Products subindustry, Dias Aquaculture'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.


Dias Aquaculture's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Dias Aquaculture's Interest Coverage falls into.



Dias Aquaculture 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.

Dias Aquaculture's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Dias Aquaculture's Interest Expense was €-13.38 Mil. Its Operating Income was €-13.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Dias Aquaculture did not have earnings to cover the interest expense.

Dias Aquaculture's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

Here, for the three months ended in Jun. 2016, Dias Aquaculture's Interest Expense was €0.00 Mil. Its Operating Income was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Dias Aquaculture 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.


Dias Aquaculture  (ATH:DIFF) 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 .


Dias Aquaculture Interest Coverage Related Terms

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Dias Aquaculture (ATH:DIFF) Business Description

Traded in Other Exchanges
N/A
Address
10 klm Attikis Odou - Thesi Tripio Lithari, Mandra, GRC, 14564
Dias Aquaculture SA through its subsidiaries is engaged in aquaculture, breeding juveniles in hatching stations, raising and selling Mediterranean euryhaline fish, trading fish and third-party fish feed, and manufacturing fish feed. The company's main products are sea bream, sea bass, fish juveniles, gutted fish and fish fillet, map products.

Dias Aquaculture (ATH:DIFF) Headlines

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