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Cyfrowy Polsat (FRA:CP9) Interest Coverage : 2.18 (As of Sep. 2024)


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What is Cyfrowy Polsat 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. Cyfrowy Polsat's Operating Income for the three months ended in Sep. 2024 was €139 Mil. Cyfrowy Polsat's Interest Expense for the three months ended in Sep. 2024 was €-63 Mil. Cyfrowy Polsat's interest coverage for the quarter that ended in Sep. 2024 was 2.18. The higher the ratio, the stronger the company's financial strength is.

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

FRA:CP9' s Interest Coverage Range Over the Past 10 Years
Min: 1.01   Med: 3.79   Max: 7.77
Current: 1.45


FRA:CP9's Interest Coverage is ranked worse than
87.34% of 608 companies
in the Media - Diversified industry
Industry Median: 11.835 vs FRA:CP9: 1.45

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


Cyfrowy Polsat Interest Coverage Historical Data

The historical data trend for Cyfrowy Polsat'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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Cyfrowy Polsat Interest Coverage Chart

Cyfrowy Polsat Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 4.77 7.77 2.09 1.01

Cyfrowy Polsat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.12 0.62 1.62 1.52 2.18

Competitive Comparison of Cyfrowy Polsat's Interest Coverage

For the Entertainment subindustry, Cyfrowy Polsat'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.


Cyfrowy Polsat's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cyfrowy Polsat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cyfrowy Polsat's Interest Coverage falls into.



Cyfrowy Polsat 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.

Cyfrowy Polsat's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Cyfrowy Polsat's Interest Expense was €-279 Mil. Its Operating Income was €281 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,232 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*281.35/-278.682
=1.01

Cyfrowy Polsat's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Cyfrowy Polsat's Interest Expense was €-63 Mil. Its Operating Income was €139 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,090 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*138.529/-63.489
=2.18

* 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.


Cyfrowy Polsat  (FRA:CP9) 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 .


Cyfrowy Polsat Interest Coverage Related Terms

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Cyfrowy Polsat Business Description

Traded in Other Exchanges
Address
4a, Lubinowa Street, Warsaw, POL, 03-878
Cyfrowy Polsat SA operates in Poland as a provider of a paid digital satellite platform under the name of 'Polsat Box' and paid digital terrestrial television as well as the telecommunication services provider. The group operates in the following four segments that includes B2C and B2B services segment which relate to the provision of services to the general public, including digital television transmission signal, mobile services, internet access services, mobile TV services, online TV services, and set-top box production, Media segment consists mainly of production, acquisition, and broadcasting of information and entertainment programs, and TV series. Real Estate segment consists construction, sale, rental, and management of own or leased real estate and Green energy segment.

Cyfrowy Polsat Headlines

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