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Giza General Contracting & Real Estate Investment (CAI:GGCC) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Giza General Contracting & Real Estate Investment 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. Giza General Contracting & Real Estate Investment's Operating Income for the three months ended in . 20 was E£0.00 Mil. Giza General Contracting & Real Estate Investment's Interest Expense for the three months ended in . 20 was E£0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Giza General Contracting & Real Estate Investment's Interest Coverage or its related term are showing as below:


CAI:GGCC's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.05
* 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.


Giza General Contracting & Real Estate Investment Interest Coverage Historical Data

The historical data trend for Giza General Contracting & Real Estate Investment'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.

Giza General Contracting & Real Estate Investment Interest Coverage Chart

Giza General Contracting & Real Estate Investment Annual Data
Trend
Interest Coverage

Giza General Contracting & Real Estate Investment Quarterly Data
Interest Coverage

Competitive Comparison of Giza General Contracting & Real Estate Investment's Interest Coverage

For the Real Estate - Development subindustry, Giza General Contracting & Real Estate Investment'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.


Giza General Contracting & Real Estate Investment's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Giza General Contracting & Real Estate Investment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Giza General Contracting & Real Estate Investment's Interest Coverage falls into.



Giza General Contracting & Real Estate Investment 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.

Giza General Contracting & Real Estate Investment's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Giza General Contracting & Real Estate Investment's Interest Expense was E£0.00 Mil. Its Operating Income was E£0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was E£0.00 Mil.

Giza General Contracting & Real Estate Investment had no debt (1).

Giza General Contracting & Real Estate Investment's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Giza General Contracting & Real Estate Investment's Interest Expense was E£0.00 Mil. Its Operating Income was E£0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was E£0.00 Mil.

Giza General Contracting & Real Estate Investment had no debt (1).

* 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.


Giza General Contracting & Real Estate Investment  (CAI:GGCC) 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 .


Giza General Contracting & Real Estate Investment Interest Coverage Related Terms

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Giza General Contracting & Real Estate Investment (CAI:GGCC) Business Description

Traded in Other Exchanges
N/A
Address
46, El-Falaki Street, Bab El-Louk, Cairo, EGY
Giza General Contracting & Real Estate Investment SA provides general contracting and real estate development services. Its projects consist of Hospital First Gathering, Housing Marina Tourism, Housing Building Sheikh Zayed City, and others. The company develops hotels and touristic villages, hospitals, health institutes, mosques, services buildings, managerial buildings and factories, scientific institutes and educational schools, infrastructure works, and roads networks.

Giza General Contracting & Real Estate Investment (CAI:GGCC) Headlines

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