Immobiliare Grande Distribuzione SiiQ SpA (FRA:IF81) Interest Coverage : 1.27 (As of Mar. 2025)

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What is Immobiliare Grande Distribuzione SiiQ SpA 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. Immobiliare Grande Distribuzione SiiQ SpA's Operating Income for the three months ended in Mar. 2025 was €22.8 Mil. Immobiliare Grande Distribuzione SiiQ SpA's Interest Expense for the three months ended in Mar. 2025 was €-17.9 Mil. Immobiliare Grande Distribuzione SiiQ SpA's interest coverage for the quarter that ended in Mar. 2025 was 1.27. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage or its related term are showing as below:

FRA:IF81' s Interest Coverage Range Over the Past 10 Years
Min: 1.45 Med: 3.54 Max: 4.08
Current: 1.6

FRA:IF81's Interest Coverage is ranked worse than
74.82% of 711 companies
in the REITs industry
Industry Median: 2.84 vs FRA:IF81: 1.60

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

Immobiliare Grande Distribuzione SiiQ SpA Interest Coverage Historical Data

The historical data trend for Immobiliare Grande Distribuzione SiiQ SpA'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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Immobiliare Grande Distribuzione SiiQ SpA Interest Coverage Chart

Immobiliare Grande Distribuzione SiiQ SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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3.67

3.88

3.57

2.10

1.45

Immobiliare Grande Distribuzione SiiQ SpA Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															1.53	2.57	1.55	1.41	1.27

Competitive Comparison of Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage

For the REIT - Retail subindustry, Immobiliare Grande Distribuzione SiiQ SpA'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.

Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage falls into.

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Immobiliare Grande Distribuzione SiiQ SpA 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.

Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Immobiliare Grande Distribuzione SiiQ SpA's Interest Expense was €-69.8 Mil. Its Operating Income was €101.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €741.6 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	101.121	/	-69.755
	=	1.45

Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Immobiliare Grande Distribuzione SiiQ SpA's Interest Expense was €-17.9 Mil. Its Operating Income was €22.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.4 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	22.766	/	-17.87
	=	1.27

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

Immobiliare Grande Distribuzione SiiQ SpA (FRA:IF81) 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 .

Immobiliare Grande Distribuzione SiiQ SpA Interest Coverage Related Terms

Thank you for viewing the detailed overview of Immobiliare Grande Distribuzione SiiQ SpA's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Immobiliare Grande Distribuzione SiiQ SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Immobiliare Grande Distribuzione SiiQ SpA (FRA:IF81) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

IMMQF:USA IGD:Italy 0STP:UK

Address

Via Trattati Comunitari Europei 1957-2007, n. 13, Bologna, ITA, 40127

Website

https://www.gruppoigd.it

Immobiliare Grande Distribuzione SiiQ SpA is a real estate company that owns and manages a portfolio of shopping centers in Italy and Romania. The company's portfolio mainly consists of shopping centers, hypermarkets, supermarkets, and galleries. In addition, the firm also acts as a service provider, providing agency management and piloting, and facility management services to third parties, and is involved in trading activity concerning the sale of residential units built within the Porta a Mare project in Livorno. The company operates in three main business segments: Core business properties, which generate maximum revenue, Services, and the Porta a Mare Project. Geographically, it derives key revenue from Italy.

Immobiliare Grande Distribuzione SiiQ SpA Headlines

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