MedBright AI Investments (FRA:Y30) Interest Coverage : No Debt ⁽¹⁾ (As of Nov. 2024)

MedBright AI Investments Interest Coverage Chart

MedBright AI Investments Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Interest Coverage		Get a 7-Day Free Trial					-	-	-	-	-

MedBright AI Investments Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	No Debt	No Debt

Competitive Comparison of MedBright AI Investments's Interest Coverage

For the Asset Management subindustry, MedBright AI Investments'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.

MedBright AI Investments's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MedBright AI Investments's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MedBright AI Investments's Interest Coverage falls into.

MedBright AI Investments 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

MedBright AI Investments's Interest Coverage for the fiscal year that ended in Feb. 2024 is calculated as

Here, for the fiscal year that ended in Feb. 2024, MedBright AI Investments's Interest Expense was €-0.04 Mil. Its Operating Income was €-0.97 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

MedBright AI Investments's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Here, for the three months ended in Nov. 2024, MedBright AI Investments's Interest Expense was €0.00 Mil. Its Operating Income was €-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

* 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.

MedBright AI Investments  (FRA:Y30) 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 .

MedBright AI Investments Interest Coverage Related Terms

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MedBright AI Investments Business Description