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Chameleon Smart Home Zrt (BUD:CHOME) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Chameleon Smart Home Zrt 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. Chameleon Smart Home Zrt's Operating Income for the six months ended in Dec. 2023 was Ft-194.3 Mil. Chameleon Smart Home Zrt's Interest Expense for the six months ended in Dec. 2023 was Ft29.8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Chameleon Smart Home Zrt's Interest Coverage or its related term are showing as below:


BUD:CHOME's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.4
* 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.


Chameleon Smart Home Zrt Interest Coverage Historical Data

The historical data trend for Chameleon Smart Home Zrt'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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Chameleon Smart Home Zrt Interest Coverage Chart

Chameleon Smart Home Zrt Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 33.03 - - - -

Chameleon Smart Home Zrt Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial No Debt No Debt - - -

Competitive Comparison of Chameleon Smart Home Zrt's Interest Coverage

For the Electrical Equipment & Parts subindustry, Chameleon Smart Home Zrt'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.


Chameleon Smart Home Zrt's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chameleon Smart Home Zrt's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Chameleon Smart Home Zrt's Interest Coverage falls into.



Chameleon Smart Home Zrt 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.

Chameleon Smart Home Zrt's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Chameleon Smart Home Zrt's Interest Expense was Ft-5.8 Mil. Its Operating Income was Ft-523.8 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft7.8 Mil.

Chameleon Smart Home Zrt did not have earnings to cover the interest expense.

Chameleon Smart Home Zrt's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Chameleon Smart Home Zrt's Interest Expense was Ft29.8 Mil. Its Operating Income was Ft-194.3 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft7.8 Mil.

* 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.


Chameleon Smart Home Zrt  (BUD:CHOME) 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 .


Chameleon Smart Home Zrt Interest Coverage Related Terms

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


Chameleon Smart Home Zrt Business Description

Traded in Other Exchanges
N/A
Address
Oda Utca 22, Budapest, HUN, 1155
Chameleon Smart Home Zrt operates as a smart home manufacturing and development technology company. It produces smart home system software and hardware. Its products comprise controllers, expanders, Wireless devices, LS modules, and Accessories.

Chameleon Smart Home Zrt Headlines

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