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HAL Trust (CHIX:HALA) Interest Coverage : 7.05 (As of Dec. 2024)


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What is HAL Trust 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. HAL Trust's Operating Income for the six months ended in Dec. 2024 was €626 Mil. HAL Trust's Interest Expense for the six months ended in Dec. 2024 was €-89 Mil. HAL Trust's interest coverage for the quarter that ended in Dec. 2024 was 7.05. The higher the ratio, the stronger the company's financial strength is.

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

CHIX:HALa' s Interest Coverage Range Over the Past 10 Years
Min: 2.04   Med: 4.65   Max: 6.43
Current: 6.1


CHIX:HALa's Interest Coverage is ranked worse than
71.81% of 454 companies
in the Asset Management industry
Industry Median: 46.1 vs CHIX:HALa: 6.10

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


HAL Trust Interest Coverage Historical Data

The historical data trend for HAL Trust'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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HAL Trust Interest Coverage Chart

HAL Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 3.87 - 4.65 6.10

HAL Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.71 4.48 5.00 5.42 7.05

Competitive Comparison of HAL Trust's Interest Coverage

For the Asset Management subindustry, HAL Trust'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.


HAL Trust's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HAL Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HAL Trust's Interest Coverage falls into.


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HAL Trust 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.

HAL Trust's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, HAL Trust's Interest Expense was €-214 Mil. Its Operating Income was €1,307 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,598 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1306.9/-214.4
=6.10

HAL Trust's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, HAL Trust's Interest Expense was €-89 Mil. Its Operating Income was €626 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,598 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*626/-88.8
=7.05

* 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.


HAL Trust  (CHIX:HALa) 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 .


HAL Trust Interest Coverage Related Terms

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


HAL Trust Business Description

Traded in Other Exchanges
Address
Weena 696, Rotterdam, NLD, 3012 CN
HAL Trust is an investment company. The company's reportable segments include Unquoted, Quoted interests, Real estate and Liquid portfolio. It generates majority of its revenue from the Unquoted segment which relates to majority-owned companies as well as non-controlling minority interests in companies that offer various products and activities such as dredging, (maritime) construction and maintenance, building materials, computer gaming equipment, orthopedic devices, office furniture, greenhouse projects, staffing, shipping and other products and activities. Geographically, the company operates in Europe, USA & Canada, Asia, and Other.

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