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Kiewit Royalty Trust (Kiewit Royalty Trust) Interest Coverage : No Debt (1) (As of Sep. 2021)


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What is Kiewit Royalty Trust 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. Kiewit Royalty Trust's Operating Income for the three months ended in Sep. 2021 was $0.00 Mil. Kiewit Royalty Trust's Interest Expense for the three months ended in Sep. 2021 was $0.00 Mil. Kiewit Royalty Trust has no debt. 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 Kiewit Royalty Trust's Interest Coverage or its related term are showing as below:


KIRY's Interest Coverage is not ranked *
in the Other Energy Sources industry.
Industry Median: 21.02
* 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.


Kiewit Royalty Trust Interest Coverage Historical Data

The historical data trend for Kiewit Royalty Trust'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.

Kiewit Royalty Trust Interest Coverage Chart

Kiewit Royalty Trust Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Kiewit Royalty Trust Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Kiewit Royalty Trust's Interest Coverage

For the Thermal Coal subindustry, Kiewit Royalty Trust'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.


Kiewit Royalty Trust's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kiewit Royalty Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kiewit Royalty Trust's Interest Coverage falls into.



Kiewit Royalty Trust 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.

Kiewit Royalty Trust's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Kiewit Royalty Trust's Interest Expense was $0.00 Mil. Its Operating Income was $0.86 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kiewit Royalty Trust had no debt (1).

Kiewit Royalty Trust's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Kiewit Royalty Trust's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Kiewit Royalty Trust had no debt (1).

* 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.


Kiewit Royalty Trust  (OTCPK:KIRY) 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 .


Kiewit Royalty Trust Interest Coverage Related Terms

Thank you for viewing the detailed overview of Kiewit Royalty Trust's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Kiewit Royalty Trust (Kiewit Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
1700 Farnam Street, Omaha, NE, USA, 68102
Website
Kiewit Royalty Trust provides an efficient, orderly, and practical means of administrating the income received from around three royalty interests and sixteen overriding royalty interests in leases of four coal mines located in the States of Montana and Wyoming. The company generates its revenue in the form of royalty income received from sources located in the United States.
Executives
Luke H Paladino officer: Officer TRUST DIVISION/U.S. BANK NATIONAL ASS'N 1700 FARNAM STREET OMAHA NE 68102

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