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Electroconstructia ELCO (BSE:EETS) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Electroconstructia ELCO 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. Electroconstructia ELCO's Operating Income for the three months ended in . 20 was lei0.00 Mil. Electroconstructia ELCO's Interest Expense for the three months ended in . 20 was lei0.00 Mil. did not have earnings to cover the interest expense. 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 Electroconstructia ELCO's Interest Coverage or its related term are showing as below:


BSE:EETS's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.035
* 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.


Electroconstructia ELCO Interest Coverage Historical Data

The historical data trend for Electroconstructia ELCO'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.

Electroconstructia ELCO Interest Coverage Chart

Electroconstructia ELCO Annual Data
Trend
Interest Coverage

Electroconstructia ELCO Quarterly Data
Interest Coverage

Competitive Comparison of Electroconstructia ELCO's Interest Coverage

For the Engineering & Construction subindustry, Electroconstructia ELCO'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.


Electroconstructia ELCO's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Electroconstructia ELCO's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Electroconstructia ELCO's Interest Coverage falls into.



Electroconstructia ELCO 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.

Electroconstructia ELCO's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Electroconstructia ELCO's Interest Expense was lei0.00 Mil. Its Operating Income was lei0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.00 Mil.

Electroconstructia ELCO had no debt (1).

Electroconstructia ELCO's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Electroconstructia ELCO's Interest Expense was lei0.00 Mil. Its Operating Income was lei0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.00 Mil.

Electroconstructia ELCO 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.


Electroconstructia ELCO  (BSE:EETS) 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 .


Electroconstructia ELCO Interest Coverage Related Terms

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Electroconstructia ELCO (BSE:EETS) Business Description

Traded in Other Exchanges
Address
Str. Ion Arion, Nr. 62, Alba, Alba Iulia, ROU
Electroconstructia ELCO SA is engaged in construction and assembly of installations for transmission and distribution of electricity, realization of small hydropower plants and hydroelectric low power.

Electroconstructia ELCO (BSE:EETS) Headlines

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