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Just Eat Takeaway.com NV (CHIX:TKWYA) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Just Eat Takeaway.com NV 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. Just Eat Takeaway.com NV's Operating Income for the six months ended in Dec. 2023 was €-212 Mil. Just Eat Takeaway.com NV's Interest Expense for the six months ended in Dec. 2023 was €-42 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Just Eat Takeaway.com NV's Interest Coverage or its related term are showing as below:


CHIX:TKWYa's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8.25
* 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.


Just Eat Takeaway.com NV Interest Coverage Historical Data

The historical data trend for Just Eat Takeaway.com NV'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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Just Eat Takeaway.com NV Interest Coverage Chart

Just Eat Takeaway.com NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Just Eat Takeaway.com NV Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Just Eat Takeaway.com NV's Interest Coverage

For the Internet Retail subindustry, Just Eat Takeaway.com NV'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.


Just Eat Takeaway.com NV's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Just Eat Takeaway.com NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Just Eat Takeaway.com NV's Interest Coverage falls into.



Just Eat Takeaway.com NV 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.

Just Eat Takeaway.com NV'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, Just Eat Takeaway.com NV's Interest Expense was €-98 Mil. Its Operating Income was €-494 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,036 Mil.

Just Eat Takeaway.com NV did not have earnings to cover the interest expense.

Just Eat Takeaway.com NV's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Just Eat Takeaway.com NV's Interest Expense was €-42 Mil. Its Operating Income was €-212 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,036 Mil.

Just Eat Takeaway.com NV did not have earnings to cover the interest expense.

* 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.


Just Eat Takeaway.com NV  (CHIX:TKWYa) 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 .


Just Eat Takeaway.com NV Interest Coverage Related Terms

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


Just Eat Takeaway.com NV Business Description

Address
Piet Heinkade 61, Amsterdam, NLD, 1019 GM
Just Eat Takeaway operates an online marketplace that connects restaurants with users in Europe and North America. The company operates mainly as an order-only marketplace, although it also offers last-mile delivery services. The company is the result of the merger of Just Eat and Takeaway.com in early 2020. The company had close to 985 million orders and a gross transaction value of EUR 28.2 billion in fiscal 2022. Excluding the US after the recent acquisition of Grubhub, the company's largest geographical presence by revenue is in the UK, Germany, Canada, and the Netherlands.

Just Eat Takeaway.com NV Headlines

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