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MME Moviement AG (LTS:0NDQ) Interest Coverage : No Debt (1) (As of Feb. 2015)


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What is MME Moviement AG 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. MME Moviement AG's Operating Income for the six months ended in Feb. 2015 was £1.15 Mil. MME Moviement AG's Interest Expense for the six months ended in Feb. 2015 was £0.00 Mil. MME Moviement AG has no debt. 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 MME Moviement AG's Interest Coverage or its related term are showing as below:

LTS:0NDQ' s Interest Coverage Range Over the Past 10 Years
Min: 4.27   Med: No Debt   Max: No Debt
Current: No Debt


LTS:0NDQ's Interest Coverage is not ranked
in the Media - Diversified industry.
Industry Median: 11.615 vs LTS:0NDQ: No Debt

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


MME Moviement AG Interest Coverage Historical Data

The historical data trend for MME Moviement AG'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.

MME Moviement AG Interest Coverage Chart

MME Moviement AG Annual Data
Trend Dec04 Dec05 Dec06 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.79 18.00 12.95 23.15 34.16

MME Moviement AG Semi-Annual Data
Dec03 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
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 26.90 19.22 91.80 23.76 No Debt

Competitive Comparison of MME Moviement AG's Interest Coverage

For the Broadcasting subindustry, MME Moviement AG'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.


MME Moviement AG's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MME Moviement AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MME Moviement AG's Interest Coverage falls into.



MME Moviement AG 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.

MME Moviement AG's Interest Coverage for the fiscal year that ended in Aug. 2014 is calculated as

Here, for the fiscal year that ended in Aug. 2014, MME Moviement AG's Interest Expense was £-0.19 Mil. Its Operating Income was £6.56 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2014 )/Interest Expense (A: Aug. 2014 )
=-1*6.559/-0.192
=34.16

MME Moviement AG's Interest Coverage for the quarter that ended in Feb. 2015 is calculated as

Here, for the six months ended in Feb. 2015, MME Moviement AG's Interest Expense was £0.00 Mil. Its Operating Income was £1.15 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

MME Moviement AG 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.


MME Moviement AG  (LTS:0NDQ) 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 .


MME Moviement AG Interest Coverage Related Terms

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MME Moviement AG (LTS:0NDQ) Business Description

Traded in Other Exchanges
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Address
The Company is a leading independent content producer for television entertainment. It supplies TV broadcasters in Germany with its productions in the programme categories Fiction, Non-Fiction, Documentation and Show/Music programming.

MME Moviement AG (LTS:0NDQ) Headlines

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