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Holde Agri Invest (BSE:HAI) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Holde Agri Invest 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. Holde Agri Invest's Operating Income for the six months ended in . 20 was lei0.00 Mil. Holde Agri Invest's Interest Expense for the six 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 Holde Agri Invest's Interest Coverage or its related term are showing as below:


BSE:HAI's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 43.915
* 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.


Holde Agri Invest Interest Coverage Historical Data

The historical data trend for Holde Agri Invest'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.

Holde Agri Invest Interest Coverage Chart

Holde Agri Invest Annual Data
Trend
Interest Coverage

Holde Agri Invest Semi-Annual Data
Interest Coverage

Competitive Comparison of Holde Agri Invest's Interest Coverage

For the Asset Management subindustry, Holde Agri Invest'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.


Holde Agri Invest's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Holde Agri Invest's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Holde Agri Invest's Interest Coverage falls into.


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Holde Agri Invest 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.

Holde Agri Invest's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Holde Agri Invest'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.

Holde Agri Invest had no debt (1).

Holde Agri Invest's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Holde Agri Invest'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.

Holde Agri Invest 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.


Holde Agri Invest  (BSE:HAI) 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 .


Holde Agri Invest Interest Coverage Related Terms

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Holde Agri Invest Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1 Intrarea Nestorei, Building B, 10th Floor, District 4, Bucharest, ROU
Holde Agri Invest SA is an investment company. The company holds investment in the agriculture sector. It owns Rosiorii Farm and Agromixt Farm in Romania.

Holde Agri Invest Headlines

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