GreenBank Capital (FRA:2TL) Interest Coverage: 0 (At Loss) (As of Apr. 2024)


What is GreenBank Capital Interest Coverage?

GreenBank Capital FRA:2TL Interest Coverage is 0 (At Loss) as of Apr. 2024.

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. GreenBank Capital's Operating Income for the three months ended in Apr. 2024 was €-0.66 Mil. GreenBank Capital's Interest Expense for the three months ended in Apr. 2024 was €-0.05 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


FRA:2TL's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375
* 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.

GreenBank Capital  (FRA:2TL) 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 .

GreenBank Capital Interest Coverage Related Terms

GreenBank Capital Interest Coverage Historical Data

* Premium members only.

The historical data trend for GreenBank Capital'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.

GreenBank Capital Interest Coverage Chart

GreenBank Capital Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 0.00 0.00

GreenBank Capital Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.00 47.29 0.00 0.00 0.00

FRA:2TL vs CCTL, BEGI, MNTR: Interest Coverage Comparison

For the Capital Markets subindustry, GreenBank Capital'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.

GreenBank Capital Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GreenBank Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GreenBank Capital's Interest Coverage falls into.


GreenBank Capital 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.

GreenBank Capital's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, GreenBank Capital's Interest Expense was €-0.19 Mil. Its Operating Income was €-3.07 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.31 Mil.

GreenBank Capital did not have earnings to cover the interest expense.

GreenBank Capital's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

Here, for the three months ended in Apr. 2024, GreenBank Capital's Interest Expense was €-0.05 Mil. Its Operating Income was €-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.32 Mil.

GreenBank Capital did not have earnings to cover the interest expense.

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
GreenBank Capital (FRA:2TL) has a Interest Coverage of 0 (At Loss) as of Apr. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GreenBank Capital and its competitors.
Is GreenBank Capital's Interest Coverage too high?
GreenBank Capital's current Interest Coverage is 0 (At Loss).
How does GreenBank Capital's Interest Coverage compare to CCTL and BEGI?
GreenBank Capital's Interest Coverage of 0 (At Loss) can be compared against companies in the Capital Markets industry. The industry median Interest Coverage is 19.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GreenBank Capital and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenBank Capital's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenBank Capital stock overvalued right now?
GreenBank Capital (FRA:2TL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For GreenBank Capital (FRA:2TL), the current Interest Coverage is 0 (At Loss) as of Apr. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GreenBank Capital Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
GreenBank Capital Inc is a merchant bank. The company's operating segment include investments, software development, and mineral exploration. The company derives maximum revenue from investments. The company specializes in private equity, public listings, pre-IPO funding, corporate restructuring, mergers and acquisitions, reverse mergers, and business incubating.