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Investment Company (The) (LSE:INVA.PFD) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Investment Company (The) 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. Investment Company (The)'s Operating Income for the six months ended in Dec. 2024 was £0.00 Mil. Investment Company (The)'s Interest Expense for the six months ended in Dec. 2024 was £0.00 Mil. Investment Company (The) has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Investment Company (The) PLC has no debt.

(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 Investment Company (The)'s Interest Coverage or its related term are showing as below:


LSE:INVA.PFD's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 49.575
* 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.


Investment Company (The) Interest Coverage Historical Data

The historical data trend for Investment Company (The)'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.

Investment Company (The) Interest Coverage Chart

Investment Company (The) Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt - No Debt No Debt

Investment Company (The) 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 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 Investment Company (The)'s Interest Coverage

For the Asset Management subindustry, Investment Company (The)'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.


Investment Company (The)'s Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment Company (The)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Investment Company (The)'s Interest Coverage falls into.


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Investment Company (The) 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.

Investment Company (The)'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, Investment Company (The)'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.

Investment Company (The) had no debt (1).

Investment Company (The)'s Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Investment Company (The)'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.

Investment Company (The) 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.


Investment Company (The)  (LSE:INVA.PFD) 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 .


Investment Company (The) Interest Coverage Related Terms

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


Investment Company (The) Business Description

Traded in Other Exchanges
Address
Den House, The Office Suite, Den Promenade, Teignmouth, GBR, TQ14 8SY
Investment Company (The) PLC is engaged in the investment of equity securities. Its investment objective is to increase capital growth for shareholders over the long term by investing in good quality, quoted, UK small and mid-cap companies. The company is engaged in a single segment of the investment business.

Investment Company (The) Headlines

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