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Industrial & Engineering Enterprises Co IEEC (CAI:IEEC) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Industrial & Engineering Enterprises Co IEEC 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. Industrial & Engineering Enterprises Co IEEC's Operating Income for the six months ended in . 20 was E£0.00 Mil. Industrial & Engineering Enterprises Co IEEC's Interest Expense for the six 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 Industrial & Engineering Enterprises Co IEEC's Interest Coverage or its related term are showing as below:


CAI:IEEC's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.26
* 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.


Industrial & Engineering Enterprises Co IEEC Interest Coverage Historical Data

The historical data trend for Industrial & Engineering Enterprises Co IEEC'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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Industrial & Engineering Enterprises Co IEEC Interest Coverage Chart

Industrial & Engineering Enterprises Co IEEC Annual Data
Trend
Interest Coverage

Industrial & Engineering Enterprises Co IEEC Semi-Annual Data
Interest Coverage

Competitive Comparison of Industrial & Engineering Enterprises Co IEEC's Interest Coverage

For the Engineering & Construction subindustry, Industrial & Engineering Enterprises Co IEEC'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.


Industrial & Engineering Enterprises Co IEEC's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Industrial & Engineering Enterprises Co IEEC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Industrial & Engineering Enterprises Co IEEC's Interest Coverage falls into.


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Industrial & Engineering Enterprises Co IEEC 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.

Industrial & Engineering Enterprises Co IEEC's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Industrial & Engineering Enterprises Co IEEC'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.

Industrial & Engineering Enterprises Co IEEC had no debt (1).

Industrial & Engineering Enterprises Co IEEC's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Industrial & Engineering Enterprises Co IEEC'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.

Industrial & Engineering Enterprises Co IEEC 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.


Industrial & Engineering Enterprises Co IEEC  (CAI:IEEC) 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 .


Industrial & Engineering Enterprises Co IEEC Interest Coverage Related Terms

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Industrial & Engineering Enterprises Co IEEC Business Description

Traded in Other Exchanges
N/A
Address
Mehour Al Shaheed (El-mokhiam El-daem st), Nasr City, Cairo, EGY
Industrial & Engineering Enterprises Co IEEC is engaged in public contracting works, especially civil construction, supplying and installing mechanical and electrical equipment for sewage operations, drinking water and irrigation plants, land reclamation, power stations, factories, lands, water lines, sewage, and petroleum.

Industrial & Engineering Enterprises Co IEEC Headlines

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