Milano Assicurazioni (LTS:0A1H) Interest Coverage : 80.58 (As of Sep. 2013)

Milano Assicurazioni Interest Coverage Chart

Milano Assicurazioni Annual Data
	Trend	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Interest Coverage		Get a 7-Day Free Trial				13.15	-	-	-	-

Milano Assicurazioni Quarterly Data
	Dec09	Jun10	Mar11	Jun11	Dec11	Jun12	Dec12	Jun13	Sep13
Interest Coverage	Get a 7-Day Free Trial				-	10.92	-	35.31	80.58

Competitive Comparison of Milano Assicurazioni's Interest Coverage

For the Insurance - Diversified subindustry, Milano Assicurazioni'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.

Milano Assicurazioni's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Milano Assicurazioni's Interest Coverage distribution charts can be found below:

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

Milano Assicurazioni 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 EBIT is positive, then

Else if Interest Expense is negative and EBIT is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Milano Assicurazioni's Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Milano Assicurazioni's Interest Expense was €-11 Mil. Its EBIT was €-281 Mil. And its Long-Term Debt & Capital Lease Obligation was €0 Mil.

Milano Assicurazioni's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Here, for the three months ended in Sep. 2013, Milano Assicurazioni's Interest Expense was €-1 Mil. Its EBIT was €114 Mil. And its Long-Term Debt & Capital Lease Obligation was €0 Mil.

* 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.

Milano Assicurazioni  (LTS:0A1H) 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 .

Milano Assicurazioni Interest Coverage Related Terms

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Milano Assicurazioni (LTS:0A1H) Business Description