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SSIF BRK Financial Group (BSE:BRK) Interest Coverage : N/A (As of Jun. 2024)


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What is SSIF BRK Financial Group 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. SSIF BRK Financial Group's Operating Income for the three months ended in Jun. 2024 was lei0.00 Mil. SSIF BRK Financial Group's Interest Expense for the three months ended in Jun. 2024 was lei0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for SSIF BRK Financial Group's Interest Coverage or its related term are showing as below:


BSE:BRK's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 17.58
* 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.


SSIF BRK Financial Group Interest Coverage Historical Data

The historical data trend for SSIF BRK Financial Group'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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SSIF BRK Financial Group Interest Coverage Chart

SSIF BRK Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.57 3.95 121.91 - 0.71

SSIF BRK Financial Group Quarterly Data
Dec16 Mar17 Dec17 Mar18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Jun24
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 N/A 2.53 - N/A N/A

Competitive Comparison of SSIF BRK Financial Group's Interest Coverage

For the Capital Markets subindustry, SSIF BRK Financial Group'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.


SSIF BRK Financial Group's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSIF BRK Financial Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SSIF BRK Financial Group's Interest Coverage falls into.



SSIF BRK Financial Group 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.

SSIF BRK Financial Group's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, SSIF BRK Financial Group's Interest Expense was lei-4.66 Mil. Its Operating Income was lei3.30 Mil. And its Long-Term Debt & Capital Lease Obligation was lei28.40 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*3.298/-4.664
=0.71

SSIF BRK Financial Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, SSIF BRK Financial Group's Interest Expense was lei0.00 Mil. Its Operating Income was lei0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was lei28.40 Mil.

GuruFocus does not calculate SSIF BRK Financial Group's interest coverage with the available data.

* 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.


SSIF BRK Financial Group  (BSE:BRK) 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 .


SSIF BRK Financial Group Interest Coverage Related Terms

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SSIF BRK Financial Group Business Description

Traded in Other Exchanges
N/A
Address
Calea Motilor No. 119, Cluj-Napoca, ROU, 400045
SSIF BRK Financial Group SA is a Romania based financial investment services company. It offers services for its retail and institutional clients. It operates in two segments, 1) The intermediary segment refers to all the transaction intermediation services offered to individual investors and companies, as well as to the specialized services offered to institutional clients. 2) Own portfolio management segment.

SSIF BRK Financial Group Headlines

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