Anexo Group (LSE:ANX) Interest Coverage: 2.43 (As of Dec. 2024)


LSE:ANX Anexo Group PLC LSE:ANX
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What is Anexo Group Interest Coverage?

Anexo Group LSE:ANX +3.13% 12 Interest Coverage is 2.43 as of Dec. 2024. GuruFocus rates LSE:ANX with a GF Score™ of 12/100.

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. Anexo Group's Operating Income for the six months ended in Dec. 2024 was £15.2 Mil. Anexo Group's Interest Expense for the six months ended in Dec. 2024 was £-6.3 Mil. Anexo Group's interest coverage for the quarter that ended in Dec. 2024 was 2.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Anexo Group's Interest Coverage or its related term are showing as below:


LSE:ANX's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 12.98
* 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.


Anexo Group  (LSE:ANX) 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 .


Anexo Group Interest Coverage Related Terms


Anexo Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Anexo Group'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.

Anexo Group Interest Coverage Chart

Anexo Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.05 7.59 4.76 2.42 2.39

Anexo Group Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.66 4.72 1.68 2.34 2.43

LSE:ANX vs URI, AER, FTAI: Interest Coverage Comparison

For the Rental & Leasing Services subindustry, Anexo Group'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.


Anexo Group Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Anexo Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anexo Group's Interest Coverage falls into.


LSE:ANX
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Anexo Group PLC LSE:ANX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Anexo Group 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.

Anexo Group's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Anexo Group's Interest Expense was £-10.7 Mil. Its Operating Income was £25.5 Mil. And its Long-Term Debt & Capital Lease Obligation was £39.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*25.52/-10.676
=2.39

Anexo Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Anexo Group's Interest Expense was £-6.3 Mil. Its Operating Income was £15.2 Mil. And its Long-Term Debt & Capital Lease Obligation was £39.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*15.209/-6.261
=2.43

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.43 mean?
Anexo Group (LSE:ANX) has a Interest Coverage of 2.43 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anexo Group and its competitors.
Is Anexo Group's Interest Coverage too high?
Anexo Group's current Interest Coverage is 2.43. The Business Services industry median Interest Coverage is 12.98. Anexo Group's value of 2.43 is 81.3% below this industry median. Overall, Anexo Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Anexo Group's Interest Coverage compare to URI and AER?
Anexo Group's Interest Coverage of 2.43 can be compared against companies in the Business Services industry. The industry median Interest Coverage is 12.98. Anexo Group's value of 2.43 is 81.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 814 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anexo Group's current Interest Coverage of 2.43 is 81.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anexo Group and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anexo Group's current Interest Coverage is 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anexo Group stock overvalued right now?
Anexo Group (LSE:ANX) has a current Interest Coverage of 2.43. The current Interest Coverage is 2.43 and 81.3% below the Business Services industry median of 12.98. Anexo Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Anexo Group (LSE:ANX), the current Interest Coverage is 2.43 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Anexo Group Business Description

Address 100 Old Hall Street, 5th Floor, The Plaza, Liverpool, Merseyside, GBR, L3 9QJ
Anexo Group PLC is a specialist integrated credit hire and legal services group focused on providing replacement vehicles and associated legal services to customers who have been involved in a non-fault accident.. The company provides an integrated end to end service to the customer including the provision of a credit hire vehicle, upfront settlement of repair and recovery charges through to the management and recovery of costs and the processing of any associated personal injury claim. The company has two main segments: credit hire which includes provision of credit hire vehicles to individuals who have had a non-fault accident and other legal Services like the large loss department and emissions trading.
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