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Arabtec Holding PJSC (DFM:ARTC) Interest Coverage : N/A (As of Jun. 2020)


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What is Arabtec Holding PJSC 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. Arabtec Holding PJSC's Operating Income for the three months ended in Jun. 2020 was د.إ0 Mil. Arabtec Holding PJSC's Interest Expense for the three months ended in Jun. 2020 was د.إ0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Arabtec Holding PJSC's Interest Coverage or its related term are showing as below:


DFM:ARTC's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.03
* 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.


Arabtec Holding PJSC Interest Coverage Historical Data

The historical data trend for Arabtec Holding PJSC'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.

Arabtec Holding PJSC Interest Coverage Chart

Arabtec Holding PJSC Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.62 3.07 -

Arabtec Holding PJSC Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20
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 0.66 1.62 - - N/A

Competitive Comparison of Arabtec Holding PJSC's Interest Coverage

For the Engineering & Construction subindustry, Arabtec Holding PJSC'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.


Arabtec Holding PJSC's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Arabtec Holding PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Arabtec Holding PJSC's Interest Coverage falls into.



Arabtec Holding PJSC 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.

Arabtec Holding PJSC's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Arabtec Holding PJSC's Interest Expense was د.إ-112 Mil. Its Operating Income was د.إ-643 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ277 Mil.

Arabtec Holding PJSC did not have earnings to cover the interest expense.

Arabtec Holding PJSC's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Here, for the three months ended in Jun. 2020, Arabtec Holding PJSC's Interest Expense was د.إ0 Mil. Its Operating Income was د.إ0 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ274 Mil.

GuruFocus does not calculate Arabtec Holding PJSC's interest coverage with the available data.

* 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.


Arabtec Holding PJSC  (DFM:ARTC) 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 .


Arabtec Holding PJSC Interest Coverage Related Terms

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Arabtec Holding PJSC (DFM:ARTC) Business Description

Traded in Other Exchanges
N/A
Address
Sultan Bin Zayed the First Street (Al Muroor Road), 1st Floor, P.O. Box 7340, Low Rise IPIC Building, Abu Dhabi, ARE
Arabtec Holding offers construction services and property development for residential and commercial sectors. Arabtec has four operating segments: building (majority of total revenue), economic and social infrastructure, industrial, and other. It specializes in various construction components and conducts planning and project management throughout the process. The company develops industrial and infrastructure projects for oil, gas, pipeline, power generation, marine, and other industrial markets. It constructs high-rise towers, buildings, and residential complexes, and provides engineering components to meet customers' needs. The majority of revenue is derived from Gulf Cooperation Council countries.

Arabtec Holding PJSC (DFM:ARTC) Headlines

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