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Esautomotion SpA (MIL:ESAU) Interest Coverage : 70.50 (As of Dec. 2024)


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What is Esautomotion SpA 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. Esautomotion SpA's Operating Income for the six months ended in Dec. 2024 was €0.56 Mil. Esautomotion SpA's Interest Expense for the six months ended in Dec. 2024 was €-0.01 Mil. Esautomotion SpA's interest coverage for the quarter that ended in Dec. 2024 was 70.50. 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. Esautomotion SpA has enough cash to cover all of its debt. Its financial situation is stable.

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

MIL:ESAU' s Interest Coverage Range Over the Past 10 Years
Min: 94.04   Med: 379.88   Max: 1939
Current: 94.05


MIL:ESAU's Interest Coverage is ranked better than
78.43% of 2281 companies
in the Industrial Products industry
Industry Median: 15.67 vs MIL:ESAU: 94.05

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


Esautomotion SpA Interest Coverage Historical Data

The historical data trend for Esautomotion SpA'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.

Esautomotion SpA Interest Coverage Chart

Esautomotion SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1,939.00 379.88 292.00 401.63 94.05

Esautomotion SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 655.60 2,303.50 129.93 109.75 70.50

Competitive Comparison of Esautomotion SpA's Interest Coverage

For the Specialty Industrial Machinery subindustry, Esautomotion SpA'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.


Esautomotion SpA's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Esautomotion SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Esautomotion SpA's Interest Coverage falls into.


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Esautomotion SpA 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.

Esautomotion SpA's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Esautomotion SpA's Interest Expense was €-0.02 Mil. Its Operating Income was €1.88 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.85 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1.881/-0.02
=94.05

Esautomotion SpA's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Esautomotion SpA's Interest Expense was €-0.01 Mil. Its Operating Income was €0.56 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.85 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*0.564/-0.008
=70.50

* 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.


Esautomotion SpA  (MIL:ESAU) 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 .


Esautomotion SpA Interest Coverage Related Terms

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


Esautomotion SpA Business Description

Traded in Other Exchanges
N/A
Address
Via G. Di Vittorio 24/b, Campogalliano, Modena, ITA, 41011
Esautomotion SpA is an industrial service provider. The company is engaged in developing, manufacturing, and selling products and services for industrial automation purposes, and CNC and software to manager machines. The services provided by the company include sales, technical service, and spare parts reparation. The products of the company include CNC for bending application, motor and drives, cutting heads, and remote peripheral modules.

Esautomotion SpA Headlines

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