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Societatea Nationala Nuclearelectrica (BSE:SNN) Interest Coverage : 169.09 (As of Dec. 2024)


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What is Societatea Nationala Nuclearelectrica 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. Societatea Nationala Nuclearelectrica's Operating Income for the six months ended in Dec. 2024 was lei883 Mil. Societatea Nationala Nuclearelectrica's Interest Expense for the six months ended in Dec. 2024 was lei-5 Mil. Societatea Nationala Nuclearelectrica's interest coverage for the quarter that ended in Dec. 2024 was 169.09. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Societatea Nationala Nuclearelectrica SA has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Societatea Nationala Nuclearelectrica's Interest Coverage or its related term are showing as below:

BSE:SNN' s Interest Coverage Range Over the Past 10 Years
Min: 7.61   Med: 46.04   Max: 399.8
Current: 189.2


BSE:SNN's Interest Coverage is ranked better than
95.61% of 433 companies
in the Utilities - Regulated industry
Industry Median: 3.65 vs BSE:SNN: 189.20

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


Societatea Nationala Nuclearelectrica Interest Coverage Historical Data

The historical data trend for Societatea Nationala Nuclearelectrica'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.

Societatea Nationala Nuclearelectrica Interest Coverage Chart

Societatea Nationala Nuclearelectrica Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.24 104.47 399.80 264.59 189.20

Societatea Nationala Nuclearelectrica Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 516.79 360.86 203.31 217.14 169.09

Competitive Comparison of Societatea Nationala Nuclearelectrica's Interest Coverage

For the Utilities - Regulated Electric subindustry, Societatea Nationala Nuclearelectrica'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.


Societatea Nationala Nuclearelectrica's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Nationala Nuclearelectrica's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Societatea Nationala Nuclearelectrica's Interest Coverage falls into.


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Societatea Nationala Nuclearelectrica 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.

Societatea Nationala Nuclearelectrica's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Societatea Nationala Nuclearelectrica's Interest Expense was lei-9 Mil. Its Operating Income was lei1,699 Mil. And its Long-Term Debt & Capital Lease Obligation was lei30 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1698.981/-8.98
=189.20

Societatea Nationala Nuclearelectrica's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Societatea Nationala Nuclearelectrica's Interest Expense was lei-5 Mil. Its Operating Income was lei883 Mil. And its Long-Term Debt & Capital Lease Obligation was lei30 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*882.962/-5.222
=169.09

* 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.


Societatea Nationala Nuclearelectrica  (BSE:SNN) 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 .


Societatea Nationala Nuclearelectrica Interest Coverage Related Terms

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Societatea Nationala Nuclearelectrica Business Description

Traded in Other Exchanges
Address
Bulevardul Iancu de Hunedoara, Nr. 48, Sector 1, Bucharest, ROU, 010494
Societatea Nationala Nuclearelectrica SA is a Romania-based company. Its core business is the production and delivery of electricity and heat. The company acts as an electric and thermal power energy producer, the main activity being that of an electricity producer. It also produces nuclear fuel in the shape of CANDU (Canada Deuterium Uranium) type nuclear fuel bundles which are used in its nuclear reactors.