Vantage Towers AG (HAM:VTWR) Interest Coverage: 4.77 (As of Mar. 2023)


HAM:VTWR Vantage Towers AG HAM:VTWR
44 GF Score
Price €38.60
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What is Vantage Towers AG Interest Coverage?

Vantage Towers AG HAM:VTWR 44 Interest Coverage is 4.77 as of Mar. 2023. GuruFocus rates HAM:VTWR with a GF Score™ of 44/100.

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. Vantage Towers AG's Operating Income for the six months ended in Mar. 2023 was €239 Mil. Vantage Towers AG's Interest Expense for the six months ended in Mar. 2023 was €-50 Mil. Vantage Towers AG's interest coverage for the quarter that ended in Mar. 2023 was 4.77. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vantage Towers AG's Interest Coverage or its related term are showing as below:


HAM:VTWR's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.24
* 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.

Vantage Towers AG  (HAM:VTWR) 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 .

Vantage Towers AG Interest Coverage Related Terms

Vantage Towers AG Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vantage Towers 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.

Vantage Towers AG Interest Coverage Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Interest Coverage
6.71 7.51 5.48

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Interest Coverage Get a 7-Day Free Trial 5.37 6.95 8.08 6.41 4.77

HAM:VTWR vs BEKE, CBRE, CSGP: Interest Coverage Comparison

For the Real Estate Services subindustry, Vantage Towers 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.

Vantage Towers AG Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Interest Coverage distribution charts can be found below:

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


HAM:VTWR
44GF Score
Vantage Towers AG HAM:VTWR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers 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.

Vantage Towers AG's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Vantage Towers AG's Interest Expense was €-88 Mil. Its Operating Income was €484 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,752 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*483.6/-88.3
=5.48

Vantage Towers AG's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the six months ended in Mar. 2023, Vantage Towers AG's Interest Expense was €-50 Mil. Its Operating Income was €239 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,752 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*238.8/-50.1
=4.77

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.77 mean?
Vantage Towers AG (HAM:VTWR) has a Interest Coverage of 4.77 as of Mar. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Interest Coverage too high?
Vantage Towers AG's current Interest Coverage is 4.77. The Real Estate industry median Interest Coverage is 4.24. Vantage Towers AG's value of 4.77 is 12.5% above this industry median. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Interest Coverage compare to BEKE and CBRE?
Vantage Towers AG's Interest Coverage of 4.77 can be compared against companies in the Real Estate industry. The industry median Interest Coverage is 4.24. Vantage Towers AG's value of 4.77 is 12.5% above 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,295 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. Vantage Towers AG's current Interest Coverage of 4.77 is 12.5% above 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 Vantage Towers AG and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Towers AG's current Interest Coverage is 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (HAM:VTWR) has a current Interest Coverage of 4.77. The current Interest Coverage is 4.77 and 12.5% above the Real Estate industry median of 4.24. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (HAM:VTWR), the current Interest Coverage is 4.77 as of Mar. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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