Centrotec SE (LTS:0DYD) Interest Coverage : 0.61 (As of Dec. 2022)

View and export this data going back to 2008. Start your Free Trial

What is Centrotec SE 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. Centrotec SE's Operating Income for the six months ended in Dec. 2022 was €2.0 Mil. Centrotec SE's Interest Expense for the six months ended in Dec. 2022 was €-3.2 Mil. Centrotec SE's interest coverage for the quarter that ended in Dec. 2022 was 0.61. The higher the ratio, the stronger the company's financial strength is.

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

LTS:0DYD' s Interest Coverage Range Over the Past 10 Years
Min: 0.61 Med: 5.14 Max: 7.52
Current: 0.61

LTS:0DYD's Interest Coverage is ranked worse than
95.08% of 1260 companies
in the Construction industry
Industry Median: 7.005 vs LTS:0DYD: 0.61

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

Centrotec SE Interest Coverage Historical Data

The historical data trend for Centrotec SE'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.

Centrotec SE Interest Coverage Chart

Centrotec SE Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Interest Coverage

Get a 7-Day Free Trial

6.97

5.60

5.38

3.92

0.61

Centrotec SE Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec21	Dec22
Interest Coverage	Get a 7-Day Free Trial											6.97	5.60	5.38	3.92	0.61

Competitive Comparison of Centrotec SE's Interest Coverage

For the Building Products & Equipment subindustry, Centrotec SE'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.

Centrotec SE's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Centrotec SE's Interest Coverage distribution charts can be found below:

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

Centrotec SE 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.

Centrotec SE's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Centrotec SE's Interest Expense was €-3.2 Mil. Its Operating Income was €2.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €154.7 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	1.975	/	-3.243
	=	0.61

Centrotec SE's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Centrotec SE's Interest Expense was €-3.2 Mil. Its Operating Income was €2.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €154.7 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	1.975	/	-3.243
	=	0.61

The higher the ratio, the stronger the company's Financial Strength is.

Centrotec SE (LTS:0DYD) 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 .

Centrotec SE Interest Coverage Related Terms

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

Centrotec SE (LTS:0DYD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Centrotec SE (LTS:0DYD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CEV:Germany

Address

Am Patbergschen Dorn 9, Brilon, DEU, D-59929

Website

http://www.centrotec.de

Centrotec SE is a supplier of heating and climate control technology for buildings. The company organized into three main segments: Climate Systems, Gas Flue Systems, and Medical Technology and Engineering Plastics of which Climate Systems contributes the vast majority of its total revenue. The product range consists of mainly system solutions for the areas of heating, ventilation and climate control technology, as well as solar thermal, heat technology, and co-generation. Climate Systems focuses on active equipment and complete systems, while the Gas Flue Systems segment concentrates on accessories. Its Medical Technology and Engineering Plastics segment develops, produces and sells medical technology solutions.

Centrotec SE (LTS:0DYD) Headlines

No Headlines