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Qualisys Holding AB (FRA:R0A) Interest Coverage : 90.13 (As of Dec. 2024)


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What is Qualisys Holding AB 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. Qualisys Holding AB's Operating Income for the six months ended in Dec. 2024 was €8.29 Mil. Qualisys Holding AB's Interest Expense for the six months ended in Dec. 2024 was €-0.09 Mil. Qualisys Holding AB's interest coverage for the quarter that ended in Dec. 2024 was 90.13. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Qualisys Holding AB's Interest Coverage or its related term are showing as below:

FRA:R0A' s Interest Coverage Range Over the Past 10 Years
Min: 30.95   Med: 34.87   Max: 89.73
Current: 89.73


FRA:R0A's Interest Coverage is ranked better than
78.89% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs FRA:R0A: 89.73

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


Qualisys Holding AB Interest Coverage Historical Data

The historical data trend for Qualisys Holding AB'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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Qualisys Holding AB Interest Coverage Chart

Qualisys Holding AB Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
34.80 30.93 90.13

Qualisys Holding AB Semi-Annual Data
Dec22 Dec23 Dec24
Interest Coverage 34.80 30.93 90.13

Competitive Comparison of Qualisys Holding AB's Interest Coverage

For the Scientific & Technical Instruments subindustry, Qualisys Holding AB'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.


Qualisys Holding AB's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Qualisys Holding AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Qualisys Holding AB's Interest Coverage falls into.


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Qualisys Holding AB 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.

Qualisys Holding AB'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, Qualisys Holding AB's Interest Expense was €-0.09 Mil. Its Operating Income was €8.29 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.13 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*8.292/-0.092
=90.13

Qualisys Holding AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Qualisys Holding AB's Interest Expense was €-0.09 Mil. Its Operating Income was €8.29 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.13 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8.292/-0.092
=90.13

* 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.


Qualisys Holding AB  (FRA:R0A) 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 .


Qualisys Holding AB Interest Coverage Related Terms

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Qualisys Holding AB Business Description

Traded in Other Exchanges
Address
Kvarnbergsgatan 2, Gothenburg, SWE, 411 05
Qualisys Holding AB is a Swedish technology company. It is engaged in the development and sale of complete systems in the specialist area of motion capture. The company is in the market for 3D motion capture25 with proprietary technology for collecting, processing and analyzing large amounts of motion data with high precision, in a powerful, reliable and user-friendly platform. The product offering includes packaged hardware and software solutions, often customized according to needs.

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