Caxton and CTP Publishers and Printers (JSE:CATP) Interest Coverage : 210.71 (As of Dec. 2024)

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What is Caxton and CTP Publishers and Printers 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. Caxton and CTP Publishers and Printers's Operating Income for the six months ended in Dec. 2024 was R347 Mil. Caxton and CTP Publishers and Printers's Interest Expense for the six months ended in Dec. 2024 was R-2 Mil. Caxton and CTP Publishers and Printers's interest coverage for the quarter that ended in Dec. 2024 was 210.71. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Caxton and CTP Publishers and Printers Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Caxton and CTP Publishers and Printers's Interest Coverage or its related term are showing as below:

JSE:CATP' s Interest Coverage Range Over the Past 10 Years
Min: 15.19 Med: 215.9 Max: 871.76
Current: 285.31

JSE:CATP's Interest Coverage is ranked better than
84.5% of 626 companies
in the Media - Diversified industry
Industry Median: 10.51 vs JSE:CATP: 285.31

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

Caxton and CTP Publishers and Printers Interest Coverage Historical Data

The historical data trend for Caxton and CTP Publishers and Printers'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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Caxton and CTP Publishers and Printers Interest Coverage Chart

Caxton and CTP Publishers and Printers Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Coverage

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15.19

55.51

149.79

871.76

314.04

Caxton and CTP Publishers and Printers Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial															299.41	1,713.13	328.03	311.31	210.71

Competitive Comparison of Caxton and CTP Publishers and Printers's Interest Coverage

For the Publishing subindustry, Caxton and CTP Publishers and Printers'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.

Caxton and CTP Publishers and Printers's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Caxton and CTP Publishers and Printers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Caxton and CTP Publishers and Printers's Interest Coverage falls into.

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Caxton and CTP Publishers and Printers 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.

Caxton and CTP Publishers and Printers's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Caxton and CTP Publishers and Printers's Interest Expense was R-6 Mil. Its Operating Income was R1,775 Mil. And its Long-Term Debt & Capital Lease Obligation was R2 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2024 )	/	Interest Expense (A: Jun. 2024 )
	=	-1	*	1774.639	/	-5.651
	=	314.04

Caxton and CTP Publishers and Printers's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Caxton and CTP Publishers and Printers's Interest Expense was R-2 Mil. Its Operating Income was R347 Mil. And its Long-Term Debt & Capital Lease Obligation was R1 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	347.258	/	-1.648
	=	210.71

The higher the ratio, the stronger the company's Financial Strength is.

Caxton and CTP Publishers and Printers (JSE:CATP) 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 .

Caxton and CTP Publishers and Printers Interest Coverage Related Terms

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Caxton and CTP Publishers and Printers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Caxton and CTP Publishers and Printers Ltd (JSE:CATP) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CAT:South Africa

Address

Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196

Website

https://www.caxton.co.za

Caxton and CTP Publishers and Printers Ltd is a South African media company that publishes regional community newspapers and magazines. It also provides commercial printing, packaging, and book printing to its customers. The group has three reportable segments: Publishing, printing and distribution, Packaging and stationery, and Others. Its packaging segment of the company focuses on cartons, labels, cigarette packs, and point-of-sale packaging displays. The Other segment derives revenue from dividends and certain intergroup charges. The company generates maximum revenue from the Publishing, printing, and distribution segment.

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