Maps SpA (MIL:MAPS) Interest Coverage : 4.96 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Maps 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. Maps SpA's Operating Income for the six months ended in Dec. 2024 was €1.73 Mil. Maps SpA's Interest Expense for the six months ended in Dec. 2024 was €-0.35 Mil. Maps SpA's interest coverage for the quarter that ended in Dec. 2024 was 4.96. The higher the ratio, the stronger the company's financial strength is.

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

MIL:MAPS' s Interest Coverage Range Over the Past 10 Years
Min: 2.35 Med: 12.64 Max: 48.9
Current: 4.77

MIL:MAPS's Interest Coverage is ranked worse than
76.98% of 1677 companies
in the Software industry
Industry Median: 26.09 vs MIL:MAPS: 4.77

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

Maps SpA Interest Coverage Historical Data

The historical data trend for Maps 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.

Maps SpA Interest Coverage Chart

Maps SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

Get a 7-Day Free Trial

6.43

7.27

2.35

4.77

Maps SpA Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial											5.07	1.80	4.07	4.59	4.96

Competitive Comparison of Maps SpA's Interest Coverage

For the Software - Application subindustry, Maps 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.

Maps SpA's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Maps SpA's Interest Coverage distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Maps 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.

Maps 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, Maps SpA's Interest Expense was €-0.71 Mil. Its Operating Income was €3.41 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.23 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	3.406	/	-0.714
	=	4.77

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

Here, for the six months ended in Dec. 2024, Maps SpA's Interest Expense was €-0.35 Mil. Its Operating Income was €1.73 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.23 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	1.726	/	-0.348
	=	4.96

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

Maps SpA (MIL:MAPS) 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 .

Maps SpA Interest Coverage Related Terms

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

Maps SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maps SpA (MIL:MAPS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Paradigna 38/A, Parma, ITA, 43122

Website

https://www.mapsgroup.it

Maps SpA is a software solution provider. It designs and develops software solutions that improve service quality, increase operational efficiency, and help customers improve their decision-making. The company predominantly caters to its customers in the Healthcare, Energy, and ESG sectors. Its Healthcare Business Unit develops solutions related to patient experience and telemedicine, data-driven governance platforms, applications for the digitization of diagnostic service workflows, radiology, laboratory tests, and others. The Energy business unit supports the changes taking place for the energy transition, and its ESG Business Unit commercializes solutions that measure the achievement of corporate and employee goals, manage risks, and report on non-financial performance.