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Naturland Holding Zrt (BUD:NATURLAND) Interest Coverage : 44.57 (As of Dec. 2023)


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What is Naturland Holding 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. Naturland Holding Zrt's Operating Income for the six months ended in Dec. 2023 was Ft910 Mil. Naturland Holding Zrt's Interest Expense for the six months ended in Dec. 2023 was Ft-20 Mil. Naturland Holding Zrt's interest coverage for the quarter that ended in Dec. 2023 was 44.57. The higher the ratio, the stronger the company's financial strength is.

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

BUD:NATURLAND' s Interest Coverage Range Over the Past 10 Years
Min: 39   Med: 64.2   Max: No Debt
Current: 39


BUD:NATURLAND's Interest Coverage is ranked better than
69.37% of 666 companies
in the Drug Manufacturers industry
Industry Median: 12.275 vs BUD:NATURLAND: 39.00

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


Naturland Holding Zrt Interest Coverage Historical Data

The historical data trend for Naturland Holding 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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Naturland Holding Zrt Interest Coverage Chart

Naturland Holding Zrt Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
No Debt 63.70 64.70 39.00

Naturland Holding Zrt Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial N/A 73.48 58.81 34.04 44.57

Competitive Comparison of Naturland Holding Zrt's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Naturland Holding 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.


Naturland Holding Zrt's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Naturland Holding Zrt's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Naturland Holding Zrt's Interest Coverage falls into.



Naturland Holding 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.

Naturland Holding 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, Naturland Holding Zrt's Interest Expense was Ft-43 Mil. Its Operating Income was Ft1,691 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft160 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1690.826/-43.353
=39.00

Naturland Holding Zrt's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Naturland Holding Zrt's Interest Expense was Ft-20 Mil. Its Operating Income was Ft910 Mil. And its Long-Term Debt & Capital Lease Obligation was Ft160 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*910.26/-20.423
=44.57

* 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.


Naturland Holding Zrt  (BUD:NATURLAND) 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 .


Naturland Holding Zrt Interest Coverage Related Terms

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Naturland Holding Zrt Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Csillagvirag utca 8, Budapest, HUN, 1106
Naturland Holding Zrt thro9ugh its subsidiaries engage in the production of pharmaceutical products. It engages in the development, production, and wholesale of dietary supplements and cosmetics, herbal medicine, teas, and essential oils. The firm offers tablets, suppositories, ointments, and ophthalmic base solutions.

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