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AKKO Invest (BUD:AKKO) Interest Coverage : 3.84 (As of Dec. 2024)


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What is AKKO 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. AKKO Invest's Operating Income for the six months ended in Dec. 2024 was Ft794 Mil. AKKO Invest's Interest Expense for the six months ended in Dec. 2024 was Ft-207 Mil. AKKO Invest's interest coverage for the quarter that ended in Dec. 2024 was 3.84. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for AKKO Invest's Interest Coverage or its related term are showing as below:

BUD:AKKO' s Interest Coverage Range Over the Past 10 Years
Min: 3.86   Med: 7.6   Max: 114.38
Current: 4.41


BUD:AKKO's Interest Coverage is ranked better than
52.85% of 1317 companies
in the Real Estate industry
Industry Median: 3.97 vs BUD:AKKO: 4.41

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


AKKO Invest Interest Coverage Historical Data

The historical data trend for AKKO 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.

AKKO Invest Interest Coverage Chart

AKKO Invest 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 - 4.07 3.86 5.16 4.41

AKKO Invest 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 3.26 4.06 6.22 4.97 3.84

Competitive Comparison of AKKO Invest's Interest Coverage

For the Real Estate Services subindustry, AKKO 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.


AKKO Invest's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AKKO Invest's Interest Coverage distribution charts can be found below:

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


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AKKO 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.

AKKO Invest'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, AKKO Invest's Interest Expense was Ft-421 Mil. Its Operating Income was Ft1,858 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft10,166 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1858/-421
=4.41

AKKO Invest's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, AKKO Invest's Interest Expense was Ft-207 Mil. Its Operating Income was Ft794 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft10,166 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*794/-207
=3.84

* 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.


AKKO Invest  (BUD:AKKO) 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 .


AKKO Invest Interest Coverage Related Terms

Thank you for viewing the detailed overview of AKKO Invest's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


AKKO Invest Business Description

Traded in Other Exchanges
N/A
Address
Dayka Gabor Utca 5, Budapest, HUN, 1118
AKKO Invest PLC operates in the capital markets industry in Hungary. The objective of the company is to achieve asset accumulation and to realise a long-term increase in value through efficient cooperation between the holding and the subsidiaries. It has the following operating segments: Industrial property segment, Residential property segment, Facility Management line of business, ITS line of business, and Fit-Out line of business. The majority is from the Facility management line of business. Facility Management includes activities related to property operations.

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