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International Distribution Services (CHIX:IDSL) Interest Coverage : 2.07 (As of Sep. 2024)


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What is International Distribution Services 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. International Distribution Services's Operating Income for the six months ended in Sep. 2024 was £120 Mil. International Distribution Services's Interest Expense for the six months ended in Sep. 2024 was £-58 Mil. International Distribution Services's interest coverage for the quarter that ended in Sep. 2024 was 2.07. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for International Distribution Services's Interest Coverage or its related term are showing as below:

CHIX:IDSl' s Interest Coverage Range Over the Past 10 Years
Min: 0.14   Med: 13.93   Max: 28.77
Current: 3.75


CHIX:IDSl's Interest Coverage is ranked worse than
65.32% of 839 companies
in the Transportation industry
Industry Median: 6.08 vs CHIX:IDSl: 3.75

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


International Distribution Services Interest Coverage Historical Data

The historical data trend for International Distribution Services'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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International Distribution Services Interest Coverage Chart

International Distribution Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 13.93 12.91 - 0.14

International Distribution Services Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - 5.98 2.07

Competitive Comparison of International Distribution Services's Interest Coverage

For the Integrated Freight & Logistics subindustry, International Distribution Services'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.


International Distribution Services's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, International Distribution Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where International Distribution Services's Interest Coverage falls into.


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International Distribution Services 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.

International Distribution Services's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, International Distribution Services's Interest Expense was £-80 Mil. Its Operating Income was £11 Mil. And its Long-Term Debt & Capital Lease Obligation was £2,350 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*11/-80
=0.14

International Distribution Services's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, International Distribution Services's Interest Expense was £-58 Mil. Its Operating Income was £120 Mil. And its Long-Term Debt & Capital Lease Obligation was £2,329 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*120/-58
=2.07

* 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.


International Distribution Services  (CHIX:IDSl) 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 .


International Distribution Services Interest Coverage Related Terms

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


International Distribution Services Business Description

Traded in Other Exchanges
Address
185 Farringdon Road, London, GBR, EC1A 1AA
International Distribution Services PLC is a postal and delivery service company domiciled in the United Kingdom. It delivers parcels and letters, produces stamps, and provides marketing services under the Royal Mail and Parcelforce brands. It organizes itself into two segments, based on geography: Royal Mail U.K. operations and GLS non-U.K. operations. Royal Mail derives the majority of revenue from U.K. operations, the company's domestic business. Non-U.K. operations principally include operations across Europe and the United States.

International Distribution Services Headlines

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