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Cuhadaroglu Metalnayi Ve Pazarlama AS (IST:CUSAN) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Cuhadaroglu Metalnayi Ve Pazarlama AS 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. Cuhadaroglu Metalnayi Ve Pazarlama AS's Operating Income for the three months ended in Dec. 2023 was ₺-47 Mil. Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Expense for the three months ended in Dec. 2023 was ₺-47 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 Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage or its related term are showing as below:


IST:CUSAN's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.095
* 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.


Cuhadaroglu Metalnayi Ve Pazarlama AS Interest Coverage Historical Data

The historical data trend for Cuhadaroglu Metalnayi Ve Pazarlama AS'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.

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Cuhadaroglu Metalnayi Ve Pazarlama AS Interest Coverage Chart

Cuhadaroglu Metalnayi Ve Pazarlama AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.69 30.35 5.99 -

Cuhadaroglu Metalnayi Ve Pazarlama AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 0.46 - 0.25 -

Competitive Comparison of Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage

For the Building Products & Equipment subindustry, Cuhadaroglu Metalnayi Ve Pazarlama AS'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.


Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage falls into.



Cuhadaroglu Metalnayi Ve Pazarlama AS 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.

Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Expense was ₺-159 Mil. Its Operating Income was ₺-44 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺92 Mil.

Cuhadaroglu Metalnayi Ve Pazarlama AS did not have earnings to cover the interest expense.

Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Expense was ₺-47 Mil. Its Operating Income was ₺-47 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺92 Mil.

Cuhadaroglu Metalnayi Ve Pazarlama AS 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.


Cuhadaroglu Metalnayi Ve Pazarlama AS  (IST:CUSAN) 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 .


Cuhadaroglu Metalnayi Ve Pazarlama AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of Cuhadaroglu Metalnayi Ve Pazarlama AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Cuhadaroglu Metalnayi Ve Pazarlama AS (IST:CUSAN) Business Description

Traded in Other Exchanges
N/A
Address
Yakuplu Mahallesi Hurriyet Bulvari No 6-8, Beylikduzu, Istanbul, TUR, 34524
Cuhadaroglu Metal Sanayi Ve Pazarlama AS is engaged in manufacturing architectural application aluminum system profiles, industrial aluminum profiles, architecture sale of doors, windows, glass accessories and various facade coatings used in applications.

Cuhadaroglu Metalnayi Ve Pazarlama AS (IST:CUSAN) Headlines

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