Anchor Capital Investments (FRA:ACP) Interest Coverage : 0 (At Loss) (As of Dec. 2016)

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What is Anchor Capital Investments 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. Anchor Capital Investments's Operating Income for the six months ended in Dec. 2016 was €-0.86 Mil. Anchor Capital Investments's Interest Expense for the six months ended in Dec. 2016 was €-0.00 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 Anchor Capital Investments's Interest Coverage or its related term are showing as below:

FRA:ACP's Interest Coverage is not ranked ^*
in the Capital Markets industry.
Industry Median: 20.56
* 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.

Anchor Capital Investments Interest Coverage Historical Data

The historical data trend for Anchor Capital Investments'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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Anchor Capital Investments Interest Coverage Chart

Anchor Capital Investments Annual Data

Trend

Dec15

Dec16

Interest Coverage

69.50

167.83

Anchor Capital Investments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16
Interest Coverage	No Debt	-	582.67	-

Competitive Comparison of Anchor Capital Investments's Interest Coverage

For the Capital Markets subindustry, Anchor Capital Investments'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.

Anchor Capital Investments's Interest Coverage Distribution in the Capital Markets Industry

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

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

Anchor Capital Investments 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.

Anchor Capital Investments's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Anchor Capital Investments's Interest Expense was €-0.01 Mil. Its Operating Income was €1.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2016 )	/	Interest Expense (A: Dec. 2016 )
	=	-1	*	1.007	/	-0.006
	=	167.83

Anchor Capital Investments's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Here, for the six months ended in Dec. 2016, Anchor Capital Investments's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.86 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Anchor Capital Investments did not have earnings to cover the interest expense.

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

Anchor Capital Investments (FRA:ACP) 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 .

Anchor Capital Investments Interest Coverage Related Terms

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Anchor Capital Investments (FRA:ACP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Anchor Capital Investments Ltd (FRA:ACP) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Website

http://www.anchorcapitalinvestments.com

Anchor Capital Investments Ltd is an investment consultancy company. It provides financial consulting, financial analysis, listing on the Stock Exchanges, business plan development and website development services.