Blue Label Telecoms (JSE:BLU) Interest Coverage : 0.50 (As of May. 2024)

Blue Label Telecoms Interest Coverage Chart

Blue Label Telecoms Annual Data
	Trend	May15	May16	May17	May18	May19	May20	May21	May22	May23	May24
Interest Coverage		Get a 7-Day Free Trial					5.15	9.10	9.27	1.67	1.00

Blue Label Telecoms Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Interest Coverage	Get a 7-Day Free Trial															6.65	2.86	0.97	1.68	0.50

Competitive Comparison of Blue Label Telecoms's Interest Coverage

For the Telecom Services subindustry, Blue Label Telecoms'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.

Blue Label Telecoms's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Blue Label Telecoms's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Blue Label Telecoms's Interest Coverage falls into.

Blue Label Telecoms 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Blue Label Telecoms's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, Blue Label Telecoms's Interest Expense was R-1,086 Mil. Its Operating Income was R1,087 Mil. And its Long-Term Debt & Capital Lease Obligation was R2,937 Mil.

Blue Label Telecoms's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Here, for the six months ended in May. 2024, Blue Label Telecoms's Interest Expense was R-627 Mil. Its Operating Income was R315 Mil. And its Long-Term Debt & Capital Lease Obligation was R2,937 Mil.

* 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.

Blue Label Telecoms  (JSE:BLU) 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 .

Blue Label Telecoms Interest Coverage Related Terms

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Blue Label Telecoms Business Description