Clere AG (HAM:CAG0) Interest Coverage : 1.70 (As of Dec. 2022)

Clere AG Interest Coverage Chart

Clere AG Annual Data
	Trend	Jun13	Jun14	Jun15	Jun16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Coverage		Get a 7-Day Free Trial					0.25	1.37	1.65	1.15	1.70

Clere AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Jun13	Jun14	Jun15	Jun16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Coverage	Get a 7-Day Free Trial															0.25	1.37	1.65	1.15	1.70

Competitive Comparison of Clere AG's Interest Coverage

For the Utilities - Renewable subindustry, Clere 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.

Clere AG's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clere AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Clere AG's Interest Coverage falls into.

Clere 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

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.

Clere AG's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Clere AG's Interest Expense was €-7.59 Mil. Its Operating Income was €12.93 Mil. And its Long-Term Debt & Capital Lease Obligation was €136.43 Mil.

Clere AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Clere AG's Interest Expense was €-7.59 Mil. Its Operating Income was €12.93 Mil. And its Long-Term Debt & Capital Lease Obligation was €136.43 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.

Clere AG  (HAM:CAG0) 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 .

Clere AG Interest Coverage Related Terms

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Clere AG (HAM:CAG0) Business Description