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. HanseYachts AG's
Operating Income
for the
six
months ended in Dec. 2023 was €414 Mil. HanseYachts AG's Interest Expense for the
six
months ended in Dec. 2023 was €-134 Mil.
HanseYachts AG's interest coverage for the quarter that ended in Dec. 2023 was 3.09.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for HanseYachts AG's Interest Coverage or its related term are showing as below:
HAM:H9Y's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.41 * Ranked among companies with meaningful Interest Coverage only.
HanseYachts AG (HAM:H9Y) 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 .
HanseYachts AG Interest Coverage Related Terms
HanseYachts AG Interest Coverage Historical Data
* Premium members only.
The historical data trend for HanseYachts 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.
HAM:H9Y vs THO, BC, HOG: Interest Coverage Comparison
For the Recreational Vehicles subindustry, HanseYachts 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.
HanseYachts AG Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, HanseYachts AG's Interest Coverage distribution charts can be found below:
* The bar in red indicates where HanseYachts AG's Interest Coverage falls into.
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:
* 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.
HanseYachts AG (HAM:H9Y) has a Interest Coverage of 3.09 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HanseYachts AG and its competitors.
Is HanseYachts AG's Interest Coverage too high?
HanseYachts AG's current Interest Coverage is 3.09. The Vehicles & Parts industry median Interest Coverage is 8.41. HanseYachts AG's value of 3.09 is 63.3% below this industry median. Overall, HanseYachts AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does HanseYachts AG's Interest Coverage compare to THO and BC?
HanseYachts AG's Interest Coverage of 3.09 can be compared against companies in the Vehicles & Parts industry. The industry median Interest Coverage is 8.41. HanseYachts AG's value of 3.09 is 63.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.41, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HanseYachts AG's current Interest Coverage of 3.09 is 63.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HanseYachts AG and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HanseYachts AG's current Interest Coverage is 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HanseYachts AG stock overvalued right now?
HanseYachts AG (HAM:H9Y) has a current Interest Coverage of 3.09. The current Interest Coverage is 3.09 and 63.3% below the Vehicles & Parts industry median of 8.41. HanseYachts AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For HanseYachts AG (HAM:H9Y), the current Interest Coverage is 3.09 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
HanseYachts AG is the manufacturer of seagoing sailing and motor yachts. The company's business segments include Sailing Yachts; Motor Yachts; Catamarans and others. The Sailing Yachts segment engages in the production and selling of sailing yachts. It offers cruising yachts under the HANSE brand, elegant deck salons or classically designed cruisers under the Moody brand, sporty cruiser racers under the delher brand, and the VA brand. The Motor Yachts segment manufactures motor yachts under brands such as Fjord and Sealine. It generates maximum revenue from the Sailing Yachts segment. Geographically, it operates in Germany, the United States, France, Turkey, the Netherlands, the United Kingdom, Other Europe and others.
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