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Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Interest Coverage : 0 (At Loss) (As of Dec. 2017)


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What is Yonga Mobilyanayi ve Ticaret 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. Yonga Mobilyanayi ve Ticaret AS's Operating Income for the six months ended in Dec. 2017 was ₺-3.71 Mil. Yonga Mobilyanayi ve Ticaret AS's Interest Expense for the six months ended in Dec. 2017 was ₺-0.15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Yonga Mobilyanayi ve Ticaret AS's Interest Coverage or its related term are showing as below:


IST:YONGA's Interest Coverage is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 8.89
* 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.


Yonga Mobilyanayi ve Ticaret AS Interest Coverage Historical Data

The historical data trend for Yonga Mobilyanayi ve Ticaret 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.

Yonga Mobilyanayi ve Ticaret AS Interest Coverage Chart

Yonga Mobilyanayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec16 Dec17
Interest Coverage
51.06 65.95 19.42 No Debt

Yonga Mobilyanayi ve Ticaret AS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Jun16 Dec16 Jun17 Dec17
Interest Coverage Get a 7-Day Free Trial 29.89 32.70 11.62 No Debt -

Competitive Comparison of Yonga Mobilyanayi ve Ticaret AS's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Yonga Mobilyanayi ve Ticaret 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.


Yonga Mobilyanayi ve Ticaret AS's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Yonga Mobilyanayi ve Ticaret AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yonga Mobilyanayi ve Ticaret AS's Interest Coverage falls into.



Yonga Mobilyanayi ve Ticaret 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.

Yonga Mobilyanayi ve Ticaret AS's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Yonga Mobilyanayi ve Ticaret AS's Interest Expense was ₺0.00 Mil. Its Operating Income was ₺-5.50 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.00 Mil.

Yonga Mobilyanayi ve Ticaret AS had no debt (1).

Yonga Mobilyanayi ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the six months ended in Dec. 2017, Yonga Mobilyanayi ve Ticaret AS's Interest Expense was ₺-0.15 Mil. Its Operating Income was ₺-3.71 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.00 Mil.

Yonga Mobilyanayi ve Ticaret 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.


Yonga Mobilyanayi ve Ticaret AS  (IST:YONGA) 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 .


Yonga Mobilyanayi ve Ticaret AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of Yonga Mobilyanayi ve Ticaret AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Business Description

Traded in Other Exchanges
N/A
Address
Kale Mah. Atatürk Bul. No:196, Pamukkale, Denizli, TUR, 20180
Yonga Mobilya Sanayi ve Ticaret AS is engaged in the manufacturing furniture in Turkey.

Yonga Mobilyanayi ve Ticaret AS (IST:YONGA) Headlines

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