GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Munters Group AB (CHIX:MTRSs) » Definitions » Interest Coverage

Munters Group AB (CHIX:MTRSS) Interest Coverage : 3.68 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Munters Group AB 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. Munters Group AB's Operating Income for the three months ended in Mar. 2025 was kr386 Mil. Munters Group AB's Interest Expense for the three months ended in Mar. 2025 was kr-105 Mil. Munters Group AB's interest coverage for the quarter that ended in Mar. 2025 was 3.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Munters Group AB's Interest Coverage or its related term are showing as below:

CHIX:MTRSs' s Interest Coverage Range Over the Past 10 Years
Min: 1.04   Med: 4.48   Max: 13.87
Current: 4.89


CHIX:MTRSs's Interest Coverage is ranked worse than
74.2% of 2287 companies
in the Industrial Products industry
Industry Median: 15.96 vs CHIX:MTRSs: 4.89

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


Munters Group AB Interest Coverage Historical Data

The historical data trend for Munters Group AB'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.

Munters Group AB Interest Coverage Chart

Munters Group AB 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 5.80 13.87 7.31 5.22 5.26

Munters Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.83 6.41 5.20 4.37 3.68

Competitive Comparison of Munters Group AB's Interest Coverage

For the Pollution & Treatment Controls subindustry, Munters Group AB'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.


Munters Group AB's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Munters Group AB's Interest Coverage falls into.


;
;

Munters Group AB 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.

Munters Group AB'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, Munters Group AB's Interest Expense was kr-368 Mil. Its Operating Income was kr1,934 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,626 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1934/-368
=5.26

Munters Group AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Munters Group AB's Interest Expense was kr-105 Mil. Its Operating Income was kr386 Mil. And its Long-Term Debt & Capital Lease Obligation was kr5,880 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*386/-105
=3.68

* 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.


Munters Group AB  (CHIX:MTRSs) 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 .


Munters Group AB Interest Coverage Related Terms

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


Munters Group AB Business Description

Traded in Other Exchanges
Address
Borgafjordsgatan 16, Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments which are; AirTech, Data Center Technologies and FoodTech. Majority of the revenue is generated from its AirTech segment that manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from United States and rest from China, Germany, United Kingdom, Canada, Sweden and other markets.

Munters Group AB Headlines

No Headlines