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Hellenic Telecommunication Organization (ATH:HTO) Interest Coverage : 42.37 (As of Mar. 2024)


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What is Hellenic Telecommunication Organization 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. Hellenic Telecommunication Organization's Operating Income for the three months ended in Mar. 2024 was €182 Mil. Hellenic Telecommunication Organization's Interest Expense for the three months ended in Mar. 2024 was €-4 Mil. Hellenic Telecommunication Organization's interest coverage for the quarter that ended in Mar. 2024 was 42.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hellenic Telecommunication Organization's Interest Coverage or its related term are showing as below:

ATH:HTO' s Interest Coverage Range Over the Past 10 Years
Min: 1.24   Med: 3.81   Max: 30
Current: 30


ATH:HTO's Interest Coverage is ranked better than
85.52% of 290 companies
in the Telecommunication Services industry
Industry Median: 4.64 vs ATH:HTO: 30.00

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hellenic Telecommunication Organization Interest Coverage Historical Data

The historical data trend for Hellenic Telecommunication Organization'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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Hellenic Telecommunication Organization Interest Coverage Chart

Hellenic Telecommunication Organization Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.10 4.89 5.85 18.04 14.71

Hellenic Telecommunication Organization Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 25.59 3.22 30.71 23.81 42.37

Competitive Comparison of Hellenic Telecommunication Organization's Interest Coverage

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.


Hellenic Telecommunication Organization's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hellenic Telecommunication Organization's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hellenic Telecommunication Organization's Interest Coverage falls into.



Hellenic Telecommunication Organization 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.

Hellenic Telecommunication Organization's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Hellenic Telecommunication Organization's Interest Expense was €-40 Mil. Its Operating Income was €587 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,064 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*587.1/-39.9
=14.71

Hellenic Telecommunication Organization's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Hellenic Telecommunication Organization's Interest Expense was €-4 Mil. Its Operating Income was €182 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,021 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*182.2/-4.3
=42.37

* 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.


Hellenic Telecommunication Organization  (ATH:HTO) 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 .


Hellenic Telecommunication Organization Interest Coverage Related Terms

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


Hellenic Telecommunication Organization (ATH:HTO) Business Description

Traded in Other Exchanges
Address
99 Kifissias Avenue, Maroussi, Athens, GRC, 15124
Hellenic Telecommunication Organization is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops) and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from OTE segment.

Hellenic Telecommunication Organization (ATH:HTO) Headlines

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