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Pulsion Medical Systems SE (LTS:0NFX) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Pulsion Medical Systems 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. Pulsion Medical Systems SE's Operating Income for the six months ended in Dec. 2023 was €4.75 Mil. Pulsion Medical Systems SE's Interest Expense for the six months ended in Dec. 2023 was €0.00 Mil. Pulsion Medical Systems SE has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Pulsion Medical Systems SE has enough cash to cover all of its debt. Its financial situation is stable.

(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 Pulsion Medical Systems SE's Interest Coverage or its related term are showing as below:

LTS:0NFX' s Interest Coverage Range Over the Past 10 Years
Min: 4.89   Med: 637.96   Max: No Debt
Current: No Debt


LTS:0NFX's Interest Coverage is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 17.5 vs LTS:0NFX: 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.


Pulsion Medical Systems SE Interest Coverage Historical Data

The historical data trend for Pulsion Medical Systems 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.

Pulsion Medical Systems SE Interest Coverage Chart

Pulsion Medical Systems SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 353.31 1,929.20 6,093.00 7,271.00 No Debt

Pulsion Medical Systems SE Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 353.31 1,929.20 6,093.00 7,271.00 No Debt

Competitive Comparison of Pulsion Medical Systems SE's Interest Coverage

For the Medical Devices subindustry, Pulsion Medical Systems 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.


Pulsion Medical Systems SE's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Pulsion Medical Systems SE's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pulsion Medical Systems SE's Interest Coverage falls into.



Pulsion Medical Systems 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.

Pulsion Medical Systems SE's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Pulsion Medical Systems SE's Interest Expense was €0.00 Mil. Its Operating Income was €4.75 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Pulsion Medical Systems SE had no debt (1).

Pulsion Medical Systems SE's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Pulsion Medical Systems SE's Interest Expense was €0.00 Mil. Its Operating Income was €4.75 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Pulsion Medical Systems SE 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.


Pulsion Medical Systems SE  (LTS:0NFX) 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 .


Pulsion Medical Systems SE Interest Coverage Related Terms

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


Pulsion Medical Systems SE (LTS:0NFX) Business Description

Traded in Other Exchanges
N/A
Address
Hans-Riedl-Street 17, Feldkirchen, DEU, 85622
Pulsion Medical Systems SE operates with its business units hemodynamic monitoring which is engaged in developing, manufacturing, and sale of systems used to monitor, diagnose, and manage physical parameters of patients in intensive care unit, and perfusion imaging which is engaged in developing, manufacturing, and sale of indocyanine green and complementary devices to visualize micro perfusion. The technology developed by the company for critical care are picco, proaqt, limon technology, and eirus technology.

Pulsion Medical Systems SE (LTS:0NFX) Headlines

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