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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Interest Coverage : 2.36 (As of Mar. 2025)


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What is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi 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. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Operating Income for the three months ended in Mar. 2025 was ₺183 Mil. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Expense for the three months ended in Mar. 2025 was ₺-78 Mil. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's interest coverage for the quarter that ended in Mar. 2025 was 2.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage or its related term are showing as below:

IST:EUREN' s Interest Coverage Range Over the Past 10 Years
Min: 1.99   Med: 5.65   Max: 14.44
Current: 6.44


IST:EUREN's Interest Coverage is ranked worse than
53.39% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs IST:EUREN: 6.44

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


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Interest Coverage Historical Data

The historical data trend for Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.

* Premium members only.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Interest Coverage Chart

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 3.73 14.44 10.94 3.61 7.56

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.88 3.13 2.70 - 2.36

Competitive Comparison of Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage

For the Building Products & Equipment subindustry, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage falls into.


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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi 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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Expense was ₺-80 Mil. Its Operating Income was ₺606 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺717 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*606.454/-80.236
=7.56

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Expense was ₺-78 Mil. Its Operating Income was ₺183 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺682 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*182.81/-77.602
=2.36

* 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.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi  (IST:EUREN) 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 .


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Interest Coverage Related Terms

Thank you for viewing the detailed overview of Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Organize Sanayi Bolgesi Sehitler Bulvari No: 33, Eskisehir, TUR
Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi manufactures building materials. The company offers sheets, panels, PVC windows, and doors, Refrigerator Glasses, Oven Glasses, and Furniture Glasses.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Headlines

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