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Premier Cement Mills (DHA:PREMIERCEM) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Premier Cement Mills 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. Premier Cement Mills's Operating Income for the six months ended in . 20 was BDT0.00 Mil. Premier Cement Mills's Interest Expense for the six months ended in . 20 was BDT0.00 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 Premier Cement Mills's Interest Coverage or its related term are showing as below:


DHA:PREMIERCEM's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.56
* 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.


Premier Cement Mills Interest Coverage Historical Data

The historical data trend for Premier Cement Mills'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.

Premier Cement Mills Interest Coverage Chart

Premier Cement Mills Annual Data
Trend
Interest Coverage

Premier Cement Mills Semi-Annual Data
Interest Coverage

Competitive Comparison of Premier Cement Mills's Interest Coverage

For the Building Materials subindustry, Premier Cement Mills'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.


Premier Cement Mills's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Premier Cement Mills's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Premier Cement Mills's Interest Coverage falls into.



Premier Cement Mills 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.

Premier Cement Mills's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Premier Cement Mills's Interest Expense was BDT0.00 Mil. Its Operating Income was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0.00 Mil.

Premier Cement Mills had no debt (1).

Premier Cement Mills's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Premier Cement Mills's Interest Expense was BDT0.00 Mil. Its Operating Income was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0.00 Mil.

Premier Cement Mills 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.


Premier Cement Mills  (DHA:PREMIERCEM) 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 .


Premier Cement Mills Interest Coverage Related Terms

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


Premier Cement Mills (DHA:PREMIERCEM) Business Description

Traded in Other Exchanges
N/A
Address
TK Bhaban (12th Floor), 13 Kawran Bazar, Dhaka, BGD, 1215
Premier Cement Mills PLC is a cement manufacturer in Bangladesh. The products include - Portland Composite Cement and Portland Cement.

Premier Cement Mills (DHA:PREMIERCEM) Headlines

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