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Cable Solutions (COL:CSLK.N0000) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Cable Solutions 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. Cable Solutions's Operating Income for the six months ended in . 20 was රු0.00 Mil. Cable Solutions's Interest Expense for the six months ended in . 20 was රු0.00 Mil. did not have earnings to cover the interest expense. 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 Cable Solutions's Interest Coverage or its related term are showing as below:


COL:CSLK.N0000's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.67
* 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.


Cable Solutions Interest Coverage Historical Data

The historical data trend for Cable Solutions'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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Cable Solutions Interest Coverage Chart

Cable Solutions Annual Data
Trend
Interest Coverage

Cable Solutions Semi-Annual Data
Interest Coverage

Competitive Comparison of Cable Solutions's Interest Coverage

For the Electrical Equipment & Parts subindustry, Cable Solutions'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.


Cable Solutions's Interest Coverage Distribution in the Industrial Products Industry

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

* The bar in red indicates where Cable Solutions's Interest Coverage falls into.


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Cable Solutions 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.

Cable Solutions's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Cable Solutions's Interest Expense was රු0.00 Mil. Its Operating Income was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was රු0.00 Mil.

Cable Solutions had no debt (1).

Cable Solutions's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Cable Solutions's Interest Expense was රු0.00 Mil. Its Operating Income was රු0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was රු0.00 Mil.

Cable Solutions had no debt (1).

* 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.


Cable Solutions  (COL:CSLK.N0000) 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 .


Cable Solutions Interest Coverage Related Terms

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


Cable Solutions Business Description

Traded in Other Exchanges
N/A
Address
Ranmuthugala Estate, Ranmuthugala, Kadawatha, LKA
Cable Solutions PLC is a specialist manufacturer of the Kablr Brand of cables, wires and harnesses for virtually all segments in international electronics markets. The company offers a range of solutions in the form of standard cables, customized cables and cable systems, cable harnesses and connectors. Its expertise lies in creating custom-made, high-quality cables that excel in various applications such as extreme temperatures, confined spaces, chemicals, oil, abrasion, harsh environmental resistance, high-performance flex/torsion, and more.

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