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Daisy Group (FRA:PWH1) Interest Coverage : 0 (At Loss) (As of Sep. 2014)


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What is Daisy Group 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. Daisy Group's Operating Income for the six months ended in Sep. 2014 was €-10.2 Mil. Daisy Group's Interest Expense for the six months ended in Sep. 2014 was €-4.4 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 Daisy Group's Interest Coverage or its related term are showing as below:


FRA:PWH1's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.49
* 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.


Daisy Group Interest Coverage Historical Data

The historical data trend for Daisy Group'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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Daisy Group Interest Coverage Chart

Daisy Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Mar10 Mar11 Mar12 Mar13 Mar14
Interest Coverage
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Daisy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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Competitive Comparison of Daisy Group's Interest Coverage

For the Telecom Services subindustry, Daisy Group'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.


Daisy Group's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Daisy Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Daisy Group's Interest Coverage falls into.



Daisy Group 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.

Daisy Group's Interest Coverage for the fiscal year that ended in Mar. 2014 is calculated as

Here, for the fiscal year that ended in Mar. 2014, Daisy Group's Interest Expense was €-7.3 Mil. Its Operating Income was €-21.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €173.8 Mil.

Daisy Group did not have earnings to cover the interest expense.

Daisy Group's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Here, for the six months ended in Sep. 2014, Daisy Group's Interest Expense was €-4.4 Mil. Its Operating Income was €-10.2 Mil. And its Long-Term Debt & Capital Lease Obligation was €193.9 Mil.

Daisy Group 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.


Daisy Group  (FRA:PWH1) 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 .


Daisy Group Interest Coverage Related Terms

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


Daisy Group (FRA:PWH1) Business Description

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Address
Daisy Group PLC and its subsidiaries provide telecommunication and managed services to UK SME and mid-market businesses. It provides a combined product set including access, hosting, voice, managed services and mobile telephony. The Group's segments comprise Daisy Retail, Daisy Wholesale, and central costs. The Daisy Retail segment engages in the provision of integrated voice and data services to the small medium business market, The Daisy Wholesale segment supplies partners with billing, provisioning and business software solutions in addition to voice, lines and data services. Daisy Distribution provides a full range of mobile handsets and airtime tariffs from O2, Vodafone, Orange and T-Mobile via a dealer network and the Central segment consists of unallocated central activities.

Daisy Group (FRA:PWH1) Headlines

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