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Inland Homes (LSE:INL) Interest Coverage : 0 (At Loss) (As of Mar. 2022)


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What is Inland Homes 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. Inland Homes's Operating Income for the six months ended in Mar. 2022 was £-1.2 Mil. Inland Homes's Interest Expense for the six months ended in Mar. 2022 was £-3.2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


LSE:INL's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.05
* 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.


Inland Homes Interest Coverage Historical Data

The historical data trend for Inland Homes'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.

Inland Homes Interest Coverage Chart

Inland Homes Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Sep20 Sep21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 2.31 6.79 1.36 3.02

Inland Homes Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Mar20 Sep20 Mar21 Sep21 Mar22
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 - 5.04 - 5.12 -

Competitive Comparison of Inland Homes's Interest Coverage

For the Real Estate - Development subindustry, Inland Homes'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.


Inland Homes's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Inland Homes's Interest Coverage distribution charts can be found below:

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



Inland Homes 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.

Inland Homes's Interest Coverage for the fiscal year that ended in Sep. 2021 is calculated as

Here, for the fiscal year that ended in Sep. 2021, Inland Homes's Interest Expense was £-8.1 Mil. Its Operating Income was £24.5 Mil. And its Long-Term Debt & Capital Lease Obligation was £38.2 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2021 )/Interest Expense (A: Sep. 2021 )
=-1*24.5/-8.1
=3.02

Inland Homes's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the six months ended in Mar. 2022, Inland Homes's Interest Expense was £-3.2 Mil. Its Operating Income was £-1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was £43.0 Mil.

Inland Homes did not have earnings to cover the interest expense.

* 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.


Inland Homes  (LSE:INL) 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 .


Inland Homes Interest Coverage Related Terms

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


Inland Homes (LSE:INL) Business Description

Traded in Other Exchanges
N/A
Address
Burnham Yard, London End, Beaconsfield, Buckinghamshire, GBR, HP9 2JH
Inland Homes PLC is a developer of urban regeneration projects around southern England. It is engaged in acquiring residential and mixed-use sites and seeking planning consent for development. Business activity of the group functions through Land sales, House Building, Contract income, Management fees, Rental income, Investment properties, and others segment. The company generates maximum revenue from Contract income segment. Its Contract income segment constructs private or affordable housing projects for a third party landowner.

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