Union Coop (DFM:UNIONCOOP) Interest Coverage : 11.43 (As of Mar. 2025)

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What is Union Coop 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. Union Coop's Operating Income for the three months ended in Mar. 2025 was د.إ141 Mil. Union Coop's Interest Expense for the three months ended in Mar. 2025 was د.إ-12 Mil. Union Coop's interest coverage for the quarter that ended in Mar. 2025 was 11.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Union Coop's Interest Coverage or its related term are showing as below:

DFM:UNIONCOOP' s Interest Coverage Range Over the Past 10 Years
Min: 8.1 Med: 14.49 Max: 76.02
Current: 8.1

DFM:UNIONCOOP's Interest Coverage is ranked better than
51.32% of 795 companies
in the Retail - Cyclical industry
Industry Median: 7.6 vs DFM:UNIONCOOP: 8.10

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

Union Coop Interest Coverage Historical Data

The historical data trend for Union Coop'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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Union Coop Interest Coverage Chart

Union Coop Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

N/A

76.02

17.32

11.66

9.76

Union Coop Quarterly Data
	Dec20	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial						18.01	14.59	11.14	-	11.43

Competitive Comparison of Union Coop's Interest Coverage

For the Department Stores subindustry, Union Coop'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.

Union Coop's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Coop's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Union Coop's Interest Coverage falls into.

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Union Coop 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.

Union Coop's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Union Coop's Interest Expense was د.إ-20 Mil. Its Operating Income was د.إ191 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ510 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	191.359	/	-19.597
	=	9.76

Union Coop's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Union Coop's Interest Expense was د.إ-12 Mil. Its Operating Income was د.إ141 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ505 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	140.996	/	-12.333
	=	11.43

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

Union Coop (DFM:UNIONCOOP) 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 .

Union Coop Interest Coverage Related Terms

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

Union Coop Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://www.unioncoop.ae

Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, Al Nahda and Motor City. The company has also launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping. The company has three business segments that include retail, e-commerce, and investment segment. It earns the majority of its revenue from the retail segment.

Union Coop Headlines

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