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Kazera Global (LSE:KZG) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Kazera Global 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. Kazera Global's Operating Income for the six months ended in Dec. 2024 was £-0.66 Mil. Kazera Global's Interest Expense for the six months ended in Dec. 2024 was £-0.10 Mil. did not have earnings to cover the interest expense. 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 Kazera Global's Interest Coverage or its related term are showing as below:


LSE:KZG's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 44.465
* 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.


Kazera Global Interest Coverage Historical Data

The historical data trend for Kazera Global'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.

Kazera Global Interest Coverage Chart

Kazera Global 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

Kazera Global 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 -

Competitive Comparison of Kazera Global's Interest Coverage

For the Asset Management subindustry, Kazera Global'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.


Kazera Global's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kazera Global's Interest Coverage distribution charts can be found below:

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


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Kazera Global 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.

Kazera Global'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, Kazera Global's Interest Expense was £0.00 Mil. Its Operating Income was £-3.32 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Kazera Global had no debt (1).

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

Here, for the six months ended in Dec. 2024, Kazera Global's Interest Expense was £-0.10 Mil. Its Operating Income was £-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Kazera Global 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.


Kazera Global  (LSE:KZG) 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 .


Kazera Global Interest Coverage Related Terms

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


Kazera Global Business Description

Traded in Other Exchanges
Address
33 St James Square, London, GBR, SW1Y 4JS
Kazera Global PLC is a UK-based commodity diverse, mining investment company. The principal activity of the Company is to act as an investor in the resources and energy sectors, either acquiring and controlling individual companies or acquiring non-controlling shareholdings. It focuses on investing in the resources and energy sectors. The Group was focused on its diamond and heavy mineral sands mining projects in South Africa, Walviskop Heavy Mineral Sands in South Africa and Tantalite Valley Mine in Nambia. The Group operates in three primary business segments: being holding company expenses, tantalite mining and diamond mining activities. Maximum revenue is gained from UK.

Kazera Global Headlines

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