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Budapest Ingatlan Nyrt (BUD:BIF) Interest Coverage : 14.51 (As of Dec. 2024)


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What is Budapest Ingatlan Nyrt 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. Budapest Ingatlan Nyrt's Operating Income for the six months ended in Dec. 2024 was Ft3,340 Mil. Budapest Ingatlan Nyrt's Interest Expense for the six months ended in Dec. 2024 was Ft-230 Mil. Budapest Ingatlan Nyrt's interest coverage for the quarter that ended in Dec. 2024 was 14.51. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Budapest Ingatlan Nyrt's Interest Coverage or its related term are showing as below:

BUD:BIF' s Interest Coverage Range Over the Past 10 Years
Min: 8.03   Med: 12.29   Max: 31.58
Current: 17.33


BUD:BIF's Interest Coverage is ranked better than
83.68% of 711 companies
in the REITs industry
Industry Median: 2.84 vs BUD:BIF: 17.33

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


Budapest Ingatlan Nyrt Interest Coverage Historical Data

The historical data trend for Budapest Ingatlan Nyrt'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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Budapest Ingatlan Nyrt Interest Coverage Chart

Budapest Ingatlan Nyrt 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 9.68 11.60 24.22 11.67 17.33

Budapest Ingatlan Nyrt 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 30.64 12.42 10.93 20.34 14.51

Competitive Comparison of Budapest Ingatlan Nyrt's Interest Coverage

For the REIT - Diversified subindustry, Budapest Ingatlan Nyrt'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.


Budapest Ingatlan Nyrt's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Budapest Ingatlan Nyrt's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Budapest Ingatlan Nyrt's Interest Coverage falls into.


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Budapest Ingatlan Nyrt 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.

Budapest Ingatlan Nyrt'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, Budapest Ingatlan Nyrt's Interest Expense was Ft-445 Mil. Its Operating Income was Ft7,714 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft17,896 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*7714.112/-445.175
=17.33

Budapest Ingatlan Nyrt's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Budapest Ingatlan Nyrt's Interest Expense was Ft-230 Mil. Its Operating Income was Ft3,340 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft17,896 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*3339.641/-230.086
=14.51

* 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.


Budapest Ingatlan Nyrt  (BUD:BIF) 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 .


Budapest Ingatlan Nyrt Interest Coverage Related Terms

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


Budapest Ingatlan Nyrt Business Description

Traded in Other Exchanges
N/A
Address
Polgar Utca 8-10, Budapest, HUN, 1033
Budapest Ingatlan Nyrt operates as a real estate investment trust. It focuses on developing, managing, and operating a diversified real estate portfolio consisting of office buildings, parking garages, construction lots, residential properties, building plots, and hotels. The company's operating business segments are Income-generating investment properties, the Harsanylejto project, and Marischka Kft. (hospitality). A majority of its revenue is generated from the Income-generating investment properties segment, which relates to investment properties owned, leased, and rented out by the company and its subsidiaries. All of the company's occupied income-generating properties are located in Budapest, Hungary.

Budapest Ingatlan Nyrt Headlines

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