East African Portland Cement (NAI:PORT) Interest Coverage: 0 (At Loss) (As of Jun. 2024)

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NAI:PORT East African Portland Cement NAI:PORT
19 GF Score
Price KES109.00
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What is East African Portland Cement Interest Coverage?

East African Portland Cement NAI:PORT +0.46% 19 Interest Coverage is 0 (At Loss) as of Jun. 2024. GuruFocus rates NAI:PORT with a GF Score™ of 19/100.

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. East African Portland Cement's Operating Income for the six months ended in Jun. 2024 was KES-1,966 Mil. East African Portland Cement's Interest Expense for the six months ended in Jun. 2024 was KES-0 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 East African Portland Cement's Interest Coverage or its related term are showing as below:


NAI:PORT's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.63
* 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.


East African Portland Cement  (NAI:PORT) 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 .


East African Portland Cement Interest Coverage Related Terms


East African Portland Cement Interest Coverage Historical Data

* Premium members only.

The historical data trend for East African Portland Cement'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.

East African Portland Cement Interest Coverage Chart

East African Portland Cement Annual Data
Trend Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

East African Portland Cement Semi-Annual Data
Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Interest Coverage Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

NAI:PORT vs CRH, MLM, VMC: Interest Coverage Comparison

For the Building Materials subindustry, East African Portland Cement'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.


East African Portland Cement Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, East African Portland Cement's Interest Coverage distribution charts can be found below:

* The bar in red indicates where East African Portland Cement's Interest Coverage falls into.


NAI:PORT
19GF Score
East African Portland Cement NAI:PORT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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East African Portland Cement 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.

East African Portland Cement's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, East African Portland Cement's Interest Expense was KES-0 Mil. Its Operating Income was KES-1,966 Mil. And its Long-Term Debt & Capital Lease Obligation was KES1,951 Mil.

East African Portland Cement did not have earnings to cover the interest expense.

East African Portland Cement's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, East African Portland Cement's Interest Expense was KES-0 Mil. Its Operating Income was KES-1,966 Mil. And its Long-Term Debt & Capital Lease Obligation was KES1,951 Mil.

East African Portland Cement 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
East African Portland Cement (NAI:PORT) has a Interest Coverage of 0 (At Loss) as of Jun. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on East African Portland Cement and its competitors.
Is East African Portland Cement's Interest Coverage too high?
East African Portland Cement's current Interest Coverage is 0 (At Loss). Overall, East African Portland Cement has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does East African Portland Cement's Interest Coverage compare to CRH and MLM?
East African Portland Cement's Interest Coverage of 0 (At Loss) can be compared against companies in the Building Materials industry. The industry median Interest Coverage is 6.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 305 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on East African Portland Cement and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Portland Cement's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Portland Cement stock overvalued right now?
East African Portland Cement (NAI:PORT) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). East African Portland Cement's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For East African Portland Cement (NAI:PORT), the current Interest Coverage is 0 (At Loss) as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

East African Portland Cement Business Description

Address Namanga Road, Off Mombasa Road, P. O. Box 40101 - 00100, L R 337/113/1, Nairobi, KEN
East African Portland Cement is a Kenya based company engaged in the manufacturing of cement. The company serves many key areas, including housing, education, health, tourism, transport, and communication. Geographically, it operates through the region of the local market of Kenya and the regional market of East Africa, of which the local market of Kenya generates a majority of revenue. Its product portfolio includes PPC, Ordinary Portland Cement (OPC), and Paving Blocks.
19GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES109.00
Price