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Centum Investment Co (NAI:CTUM) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Centum Investment Co 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. Centum Investment Co's Operating Income for the six months ended in Mar. 2024 was KES-582 Mil. Centum Investment Co's Interest Expense for the six months ended in Mar. 2024 was KES-1,559 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Centum Investment Co's Interest Coverage or its related term are showing as below:


NAI:CTUM's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 18.475
* Ranked among companies with meaningful Interest Coverage only.

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


Centum Investment Co Interest Coverage Historical Data

The historical data trend for Centum Investment Co'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.

Centum Investment Co Interest Coverage Chart

Centum Investment Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 0.41 0.78 0.22 -

Centum Investment Co Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.94 0.29 0.12 0.28 -

Competitive Comparison of Centum Investment Co's Interest Coverage

For the Capital Markets subindustry, Centum Investment Co'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.


Centum Investment Co's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Centum Investment Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Centum Investment Co's Interest Coverage falls into.



Centum Investment Co 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.

Centum Investment Co's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Centum Investment Co's Interest Expense was KES-2,032 Mil. Its Operating Income was KES-450 Mil. And its Long-Term Debt & Capital Lease Obligation was KES9,562 Mil.

Centum Investment Co did not have earnings to cover the interest expense.

Centum Investment Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Centum Investment Co's Interest Expense was KES-1,559 Mil. Its Operating Income was KES-582 Mil. And its Long-Term Debt & Capital Lease Obligation was KES9,562 Mil.

Centum Investment Co did not have earnings to cover the interest expense.

* 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.


Centum Investment Co  (NAI:CTUM) 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 .


Centum Investment Co Interest Coverage Related Terms

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


Centum Investment Co Business Description

Traded in Other Exchanges
N/A
Address
Limuru Road, Two Rivers Office Towers, P.O. Box 10518, 9th Floor, South Tower, Nairobi, KEN, 00100
Centum Investment Co Ltd is an investment company that provides access to a portfolio of inaccessible, quality, diversified investments to investors. Its objective is to consistently generate market-beating returns by building extraordinary enterprises throughout Africa. The company's operating segment include Private Equity; Real Estate and Marketable securities. The Private Equity segment includes publishing, financial services, and utility companies as well as also responsible for managing Development Portfolio. The Marketable securities segment includes dividend and interest income, real estate sales and proceeds from exits in the private equity and marketable securities portfolios and the Real Estate segment includes developments in East Africa.

Centum Investment Co Headlines

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