Stadler Rail AG (CHIX:SRAILZ) Interest Coverage : No Debt ⁽¹⁾ (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Stadler Rail AG 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. Stadler Rail AG's Operating Income for the six months ended in Jun. 2024 was CHF28 Mil. Stadler Rail AG's Interest Expense for the six months ended in Jun. 2024 was CHF0 Mil. Stadler Rail AG has no debt. 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 Stadler Rail AG's Interest Coverage or its related term are showing as below:

CHIX:SRAILz' s Interest Coverage Range Over the Past 10 Years
Min: 7.58 Med: 24.08 Max: 50.78
Current: 15.87

CHIX:SRAILz's Interest Coverage is ranked better than
74.36% of 823 companies
in the Transportation industry
Industry Median: 5.82 vs CHIX:SRAILz: 15.87

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

Stadler Rail AG Interest Coverage Historical Data

The historical data trend for Stadler Rail AG'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.

Stadler Rail AG Interest Coverage Chart

Stadler Rail AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

36.05

15.25

17.71

7.58

8.39

Stadler Rail AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Coverage	Get a 7-Day Free Trial										0.77	19.93	3.68	13.15	No Debt

Competitive Comparison of Stadler Rail AG's Interest Coverage

For the Railroads subindustry, Stadler Rail AG'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.

Stadler Rail AG's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stadler Rail AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Stadler Rail AG's Interest Coverage falls into.

Stadler Rail AG 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.

Stadler Rail AG'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, Stadler Rail AG's Interest Expense was CHF-22 Mil. Its Operating Income was CHF184 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF516 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	183.734	/	-21.894
	=	8.39

Stadler Rail AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Stadler Rail AG's Interest Expense was CHF0 Mil. Its Operating Income was CHF28 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0 Mil.

Stadler Rail AG had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Stadler Rail AG (CHIX:SRAILz) 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 .

Stadler Rail AG Interest Coverage Related Terms

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

Stadler Rail AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stadler Rail AG (CHIX:SRAILz) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

SRAIF:USA 0A0C:UK SRAIL:Switzerland

Address

Ernst-Stadler-Strasse 1, Bussnang, CHE, 9565

Website

https://www.stadlerrail.com

Stadler Rail AG is a Switzerland based producer of rolling stock and related systems. The company operates in three reportable segments that are Rolling Stock segment which include the manufacturing of various types of rail vehicles. The Service & Components segment offers full service, modernization and revision, spare parts service, and vehicle repairs, including the maintenance and assessment of defects, and Signalling segment develops and distributes various signalling solutions for vehicles and infrastructures. Geographically the company operates in Germany, Austria, Switzerland, Western Europe, Eastern Europe, America, CIS and Rest of the world.

Stadler Rail AG Headlines

No Headlines

Stadler Rail AG (CHIX:SRAILZ) Interest Coverage : No Debt (1) (As of Jun. 2024)