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Chamberlin (LSE:CMH) Interest Coverage : 0.21 (As of Nov. 2023)


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What is Chamberlin 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. Chamberlin's Operating Income for the six months ended in Nov. 2023 was £0.11 Mil. Chamberlin's Interest Expense for the six months ended in Nov. 2023 was £-0.54 Mil. Chamberlin's interest coverage for the quarter that ended in Nov. 2023 was 0.21. The higher the ratio, the stronger the company's financial strength is.

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


LSE:CMH's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.54
* 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.


Chamberlin Interest Coverage Historical Data

The historical data trend for Chamberlin'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.

Chamberlin Interest Coverage Chart

Chamberlin Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 May22 May23
Interest Coverage
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Chamberlin Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Nov21 May22 Nov22 May23 Nov23
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 - - - - 0.21

Competitive Comparison of Chamberlin's Interest Coverage

For the Specialty Industrial Machinery subindustry, Chamberlin'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.


Chamberlin's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chamberlin's Interest Coverage distribution charts can be found below:

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



Chamberlin 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.

Chamberlin's Interest Coverage for the fiscal year that ended in May. 2023 is calculated as

Here, for the fiscal year that ended in May. 2023, Chamberlin's Interest Expense was £-0.67 Mil. Its Operating Income was £-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was £1.60 Mil.

Chamberlin did not have earnings to cover the interest expense.

Chamberlin's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the six months ended in Nov. 2023, Chamberlin's Interest Expense was £-0.54 Mil. Its Operating Income was £0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was £2.84 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2023 )/Interest Expense (Q: Nov. 2023 )
=-1*0.113/-0.535
=0.21

* 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.


Chamberlin  (LSE:CMH) 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 .


Chamberlin Interest Coverage Related Terms

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


Chamberlin (LSE:CMH) Business Description

Traded in Other Exchanges
N/A
Address
Chuckery Road, Walsall, West Midlands, GBR, WS1 2DU
Chamberlin PLC is engaged in the production and sale of iron castings and light engineering products. The company has organized its business into two operating segments; the Foundries segment and the Engineering segment. The business activities that it carries out through its segments include supplying iron castings in the raw or machined form to a variety of industrial customers and provide manufactured and imported products such as emergency exit doors, and hazardous area lighting systems to distributors and end-users in the safety and security markets.

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