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Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Kaleseramik Canakkale Kalebodur Seramiknayi 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. Kaleseramik Canakkale Kalebodur Seramiknayi AS's Operating Income for the six months ended in Dec. 2023 was ₺-252 Mil. Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Expense for the six months ended in Dec. 2023 was ₺-964 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 Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage or its related term are showing as below:


IST:KLSER's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.03
* 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.


Kaleseramik Canakkale Kalebodur Seramiknayi AS Interest Coverage Historical Data

The historical data trend for Kaleseramik Canakkale Kalebodur Seramiknayi 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.

* Premium members only.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Interest Coverage Chart

Kaleseramik Canakkale Kalebodur Seramiknayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
1.13 1.87 1.23 -

Kaleseramik Canakkale Kalebodur Seramiknayi AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Coverage 1.13 1.87 1.23 -

Competitive Comparison of Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage

For the Building Products & Equipment subindustry, Kaleseramik Canakkale Kalebodur Seramiknayi 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.


Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage falls into.



Kaleseramik Canakkale Kalebodur Seramiknayi 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.

Kaleseramik Canakkale Kalebodur Seramiknayi 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, Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Expense was ₺-964 Mil. Its Operating Income was ₺-252 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺589 Mil.

Kaleseramik Canakkale Kalebodur Seramiknayi AS did not have earnings to cover the interest expense.

Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Expense was ₺-964 Mil. Its Operating Income was ₺-252 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺589 Mil.

Kaleseramik Canakkale Kalebodur Seramiknayi 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.


Kaleseramik Canakkale Kalebodur Seramiknayi AS  (IST:KLSER) 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 .


Kaleseramik Canakkale Kalebodur Seramiknayi AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of Kaleseramik Canakkale Kalebodur Seramiknayi AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) Business Description

Traded in Other Exchanges
N/A
Address
Kavakli Mahallesi Istanbul Caddesi Sanica Blok No:10, Ic Kapi No:1, Beylikduzu, Istanbul, TUR, 34520
Kaleseramik Canakkale Kalebodur Seramik Sanayi AS manufactures acrylic bathtubs and also has been continuing its production in main groups, namely bathrooms, spa, heat, plumbing, glass, and infrastructure. The firm provides a range of products under Panel Radiators, Sanica Condensing Boilers, Kral Condensing Boiler, Design Radiators, and Towel Rails.

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