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Cairo Poultry (CAI:POUL) Interest Coverage : 92.45 (As of Jun. 2024)


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What is Cairo Poultry 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. Cairo Poultry's Operating Income for the three months ended in Jun. 2024 was E£753 Mil. Cairo Poultry's Interest Expense for the three months ended in Jun. 2024 was E£-8 Mil. Cairo Poultry's interest coverage for the quarter that ended in Jun. 2024 was 92.45. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cairo Poultry's Interest Coverage or its related term are showing as below:


CAI:POUL's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.67
* 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.


Cairo Poultry Interest Coverage Historical Data

The historical data trend for Cairo Poultry'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.

Cairo Poultry Interest Coverage Chart

Cairo Poultry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 3.34 5.17 0.83 -

Cairo Poultry Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.41 3.11 - 66.23 92.45

Competitive Comparison of Cairo Poultry's Interest Coverage

For the Farm Products subindustry, Cairo Poultry'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.


Cairo Poultry's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cairo Poultry's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cairo Poultry's Interest Coverage falls into.



Cairo Poultry 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.

Cairo Poultry'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, Cairo Poultry's Interest Expense was E£-106 Mil. Its Operating Income was E£0 Mil. And its Long-Term Debt & Capital Lease Obligation was E£0 Mil.

Cairo Poultry's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Cairo Poultry's Interest Expense was E£-8 Mil. Its Operating Income was E£753 Mil. And its Long-Term Debt & Capital Lease Obligation was E£0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*753.265/-8.148
=92.45

* 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.


Cairo Poultry  (CAI:POUL) 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 .


Cairo Poultry Interest Coverage Related Terms

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


Cairo Poultry Business Description

Traded in Other Exchanges
N/A
Address
32(B) Murad st, P.O. Box 42, Giza, EGY
Cairo Poultry is an Egypt-based company that operates in the farming and food processing sectors. It focuses on the production, breeding and fattening chicks; production of animal feed, and hatching of eggs, as well as participating in similar projects inside and outside Egypt. The firm also focuses on other related industries, such as starch and glucose, logistics and feed ingredients trading. Its segment includes Fodder Sector, Fatting Sector, Incubation Sector, Processing Sector, Grands Sector, Security Sector, and Agriculture Sector. The company's Processing Sector earns most of its revenue.

Cairo Poultry Headlines

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