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BBS Cables (DHA:BBSCABLES) Interest Coverage : 0.10 (As of Dec. 2024)


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What is BBS Cables 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. BBS Cables's Operating Income for the three months ended in Dec. 2024 was BDT10 Mil. BBS Cables's Interest Expense for the three months ended in Dec. 2024 was BDT-102 Mil. BBS Cables's interest coverage for the quarter that ended in Dec. 2024 was 0.10. The higher the ratio, the stronger the company's financial strength is.

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

DHA:BBSCABLES' s Interest Coverage Range Over the Past 10 Years
Min: 0.48   Med: 3.98   Max: 6.84
Current: 0.48


DHA:BBSCABLES's Interest Coverage is ranked worse than
97.98% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs DHA:BBSCABLES: 0.48

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


BBS Cables Interest Coverage Historical Data

The historical data trend for BBS Cables'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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BBS Cables Interest Coverage Chart

BBS Cables Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 5.42 4.49 3.98 1.74 0.71

BBS Cables Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.32 0.49 0.72 0.53 0.10

Competitive Comparison of BBS Cables's Interest Coverage

For the Electrical Equipment & Parts subindustry, BBS Cables'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.


BBS Cables's Interest Coverage Distribution in the Industrial Products Industry

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

* The bar in red indicates where BBS Cables's Interest Coverage falls into.


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BBS Cables 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.

BBS Cables's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, BBS Cables's Interest Expense was BDT-409 Mil. Its Operating Income was BDT293 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT354 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*292.544/-409.21
=0.71

BBS Cables's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, BBS Cables's Interest Expense was BDT-102 Mil. Its Operating Income was BDT10 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT369 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*9.921/-102.248
=0.10

* 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.


BBS Cables  (DHA:BBSCABLES) 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 .


BBS Cables Interest Coverage Related Terms

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


BBS Cables Business Description

Traded in Other Exchanges
N/A
Address
01, Mohakhali C/A, Advanced Noorani Tower (Level 8), Dhaka, BGD, 1212
BBS Cables PLC is an electrical cable manufacturer. The company offers products including house wiring cables, copper cables, rubber cables, railway signalling cables, telecommunication cables, LV cables, power cables, fire alarm cables, Aluminum Cables, Coaxial Cables, Automobiles Cables, Submersible Cables, Jelly-filled Cables, FRLS Cables, and others.

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