Villeroy & Boch AG (LTS:0OPA) Interest Coverage : 3.56 (As of Sep. 2024)

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What is Villeroy & Boch 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. Villeroy & Boch AG's Operating Income for the three months ended in Sep. 2024 was €9 Mil. Villeroy & Boch AG's Interest Expense for the three months ended in Sep. 2024 was €-3 Mil. Villeroy & Boch AG's interest coverage for the quarter that ended in Sep. 2024 was 3.56. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Villeroy & Boch AG's Interest Coverage or its related term are showing as below:

LTS:0OPA' s Interest Coverage Range Over the Past 10 Years
Min: 1.6 Med: 7.09 Max: 16.06
Current: 1.89

LTS:0OPA's Interest Coverage is ranked worse than
81.87% of 1313 companies
in the Construction industry
Industry Median: 6.96 vs LTS:0OPA: 1.89

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

Villeroy & Boch AG Interest Coverage Historical Data

The historical data trend for Villeroy & Boch 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.

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Villeroy & Boch AG Interest Coverage Chart

Villeroy & Boch AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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1.60

7.69

14.59

16.06

5.21

Villeroy & Boch AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial															10.41	0.40	7.61	0.18	3.56

Competitive Comparison of Villeroy & Boch AG's Interest Coverage

For the Building Products & Equipment subindustry, Villeroy & Boch 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.

Villeroy & Boch AG's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Villeroy & Boch AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Villeroy & Boch AG's Interest Coverage falls into.

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Villeroy & Boch 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.

Villeroy & Boch AG'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, Villeroy & Boch AG's Interest Expense was €-11 Mil. Its Operating Income was €59 Mil. And its Long-Term Debt & Capital Lease Obligation was €183 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	58.9	/	-11.3
	=	5.21

Villeroy & Boch AG's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Villeroy & Boch AG's Interest Expense was €-3 Mil. Its Operating Income was €9 Mil. And its Long-Term Debt & Capital Lease Obligation was €61 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	8.9	/	-2.5
	=	3.56

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

Villeroy & Boch AG (LTS:0OPA) 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 .

Villeroy & Boch AG Interest Coverage Related Terms

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

Villeroy & Boch AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Villeroy & Boch AG (LTS:0OPA) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

VIB3:Germany VIB3:Germany VIB3:Germany VIB3:Germany

Address

Saaruferstrasse 1-3, Mettlach, DEU, 66693

Website

https://www.villeroy-boch.com

Villeroy & Boch AG is a manufacturer of home furnishing products manufacturer in Germany. Its activities are broadly classified into two segments, The Bathroom and Wellness Division manufactures ceramic sanitary ware, ceramic kitchen sinks, bathroom furniture bathtubs and shower tubs, whirlpools, bath, and kitchen fittings and accessories. Among other things, shower toilets, installation systems, outdoor whirlpools, and accessories complete the product range, and The Dining & Lifestyle Division covers the full range of tableware, glass, and cutlery for the stylish table, as well as home accessories, gifts, and clever-to-go solutions made of porcelain. The company derives a majority of its revenue from the Bathroom and Wellness Division.

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