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Calnex Solutions (FRA:CSO) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Calnex Solutions 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. Calnex Solutions's Operating Income for the six months ended in Sep. 2024 was €-1.75 Mil. Calnex Solutions's Interest Expense for the six months ended in Sep. 2024 was €-0.01 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 Calnex Solutions's Interest Coverage or its related term are showing as below:


FRA:CSO's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.49
* 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.


Calnex Solutions Interest Coverage Historical Data

The historical data trend for Calnex Solutions'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.

Calnex Solutions Interest Coverage Chart

Calnex Solutions Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial 9.79 22.37 298.71 276.48 -

Calnex Solutions Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 253.14 281.69 - 15.00 -

Competitive Comparison of Calnex Solutions's Interest Coverage

For the Communication Equipment subindustry, Calnex Solutions'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.


Calnex Solutions's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Calnex Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Calnex Solutions's Interest Coverage falls into.



Calnex Solutions 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.

Calnex Solutions's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Calnex Solutions's Interest Expense was €-0.02 Mil. Its Operating Income was €-0.72 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.23 Mil.

Calnex Solutions did not have earnings to cover the interest expense.

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

Here, for the six months ended in Sep. 2024, Calnex Solutions's Interest Expense was €-0.01 Mil. Its Operating Income was €-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.18 Mil.

Calnex Solutions 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.


Calnex Solutions  (FRA:CSO) 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 .


Calnex Solutions Interest Coverage Related Terms

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


Calnex Solutions Business Description

Traded in Other Exchanges
Address
Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR
Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures. The company operates in North Asia, Americas and Rest of the world, out of which it derives maximum revenue from Americas.

Calnex Solutions Headlines

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