Central Plains Bancshares (Central Plains Bancshares) Interest Coverage : 0 (At Loss) (As of Sep. 2023)

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What is Central Plains Bancshares 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. Central Plains Bancshares's Operating Income for the six months ended in Sep. 2023 was $-4.70 Mil. Central Plains Bancshares's Interest Expense for the six months ended in Sep. 2023 was $-2.98 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 Central Plains Bancshares's Interest Coverage or its related term are showing as below:

CPBI's Interest Coverage is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: No Debt
* 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.

Central Plains Bancshares Interest Coverage Historical Data

The historical data trend for Central Plains Bancshares'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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Central Plains Bancshares Interest Coverage Chart

Central Plains Bancshares Annual Data

Trend

Interest Coverage

Central Plains Bancshares Semi-Annual Data
	Sep22	Sep23
Interest Coverage	-	-

Competitive Comparison of Central Plains Bancshares's Interest Coverage

For the Shell Companies subindustry, Central Plains Bancshares'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.

Central Plains Bancshares's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Central Plains Bancshares's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Central Plains Bancshares's Interest Coverage falls into.

Central Plains Bancshares 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.

Central Plains Bancshares's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Central Plains Bancshares's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Central Plains Bancshares had no debt ⁽¹⁾.

Central Plains Bancshares's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Central Plains Bancshares's Interest Expense was $-2.98 Mil. Its Operating Income was $-4.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Central Plains Bancshares did not have earnings to cover the interest expense.

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

Central Plains Bancshares (NAS:CPBI) 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 .

Central Plains Bancshares Interest Coverage Related Terms

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

Central Plains Bancshares (Central Plains Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Central Plains Bancshares Inc (NAS:CPBI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 South Locust Street, Grand Island, NE, USA, 68001

Website

https://www.homefederalne.bank

Central Plains Bancshares Inc is a loan holding company and has not engaged in any business to date.

Executives

Lisa A. Harris	officer: EVP and COO	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Tamara L. Slater	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Kurt A. Haecker	officer: EVP and CLO	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Daniel D. Naranjo	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Kenneth W. Wiemers	officer: EVP	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Russell R. Rerucha	director	221 SOUTH LOCUST STREET, GRAND ISLAND DC 68801
Joseph P. Stump	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Steven D. Kunzman	director, officer: President & CEO, other: Chairman of the Board	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Bradley M. Kool	officer: 1st VP and CFO	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
William D. Oltean	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801
Brett A. Duff	director	221 SOUTH LOCUST STREET, GRAND ISLAND NE 68801

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