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Cocor Bucuresti (BSE:GALA) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Cocor Bucuresti 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. Cocor Bucuresti's Operating Income for the three months ended in . 20 was lei0.00 Mil. Cocor Bucuresti'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 Cocor Bucuresti's Interest Coverage or its related term are showing as below:


BSE:GALA's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.585
* 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.


Cocor Bucuresti Interest Coverage Historical Data

The historical data trend for Cocor Bucuresti'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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Cocor Bucuresti Interest Coverage Chart

Cocor Bucuresti Annual Data
Trend
Interest Coverage

Cocor Bucuresti Quarterly Data
Interest Coverage

Competitive Comparison of Cocor Bucuresti's Interest Coverage

For the Department Stores subindustry, Cocor Bucuresti'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.


Cocor Bucuresti's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cocor Bucuresti's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cocor Bucuresti's Interest Coverage falls into.



Cocor Bucuresti 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.

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

Here, for the fiscal year that ended in . 20, Cocor Bucuresti'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.

Cocor Bucuresti had no debt (1).

Cocor Bucuresti's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Cocor Bucuresti'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.

Cocor Bucuresti 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.


Cocor Bucuresti  (BSE:GALA) 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 .


Cocor Bucuresti Interest Coverage Related Terms

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Cocor Bucuresti (BSE:GALA) Business Description

Traded in Other Exchanges
Address
bd. IC Bratianu 29-33, sector 3, Bucharest, ROU, 030173
Cocor SA Bucuresti is a modern shopping center in Bucharest, that hosts both international brands and creations of Romanian designers.

Cocor Bucuresti (BSE:GALA) Headlines

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