GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Finchain Capital Partners AG (FRA:U1DA) » Definitions » Interest Coverage

Finchain Capital Partners AG (FRA:U1DA) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Finchain Capital Partners AG 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. Finchain Capital Partners AG's Operating Income for the six months ended in Jun. 2024 was €-0.07 Mil. Finchain Capital Partners AG's Interest Expense for the six months ended in Jun. 2024 was €-0.00 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 Finchain Capital Partners AG's Interest Coverage or its related term are showing as below:


FRA:U1DA's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 47.71
* 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.


Finchain Capital Partners AG Interest Coverage Historical Data

The historical data trend for Finchain Capital Partners AG'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.

Finchain Capital Partners AG Interest Coverage Chart

Finchain Capital Partners AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial 10.50 - 77.25 - -

Finchain Capital Partners AG Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Jun24
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 No Debt - - - -

Competitive Comparison of Finchain Capital Partners AG's Interest Coverage

For the Asset Management subindustry, Finchain Capital Partners AG'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.


Finchain Capital Partners AG's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Finchain Capital Partners AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Finchain Capital Partners AG's Interest Coverage falls into.


;
;

Finchain Capital Partners AG 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.

Finchain Capital Partners AG's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Finchain Capital Partners AG's Interest Expense was €-0.01 Mil. Its Operating Income was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Finchain Capital Partners AG's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Finchain Capital Partners AG's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Finchain Capital Partners AG 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.


Finchain Capital Partners AG  (FRA:U1DA) 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 .


Finchain Capital Partners AG Interest Coverage Related Terms

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


Finchain Capital Partners AG Business Description

Traded in Other Exchanges
N/A
Address
Koenigsallee 27, Girardet House, Dusseldorf, NW, DEU, 40212
Finchain Capital Partners AG is an investment company. It focuses on investments in seed and series A and B company phases, as well as in investment phases that have above-average growth potential in the field of fintech, blockchain and related technologies.

Finchain Capital Partners AG Headlines

No Headlines