GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Namibia Asset Management (NAM:NAM) » Definitions » Interest Coverage

Namibia Asset Management (NAM:NAM) Interest Coverage : 0 (At Loss) (As of . 20)


View and export this data going back to 1990. Start your Free Trial

What is Namibia Asset Management 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. Namibia Asset Management's Operating Income for the six months ended in . 20 was R0.00 Mil. Namibia Asset Management's Interest Expense for the six months ended in . 20 was R0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Namibia Asset Management's Interest Coverage or its related term are showing as below:


NAM:NAM's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 43.915
* 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.

Namibia Asset Management Interest Coverage Historical Data

The historical data trend for Namibia Asset Management'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.

Namibia Asset Management Interest Coverage Chart

Namibia Asset Management Annual Data
Trend
Interest Coverage

Namibia Asset Management Semi-Annual Data
Interest Coverage

Competitive Comparison of Namibia Asset Management's Interest Coverage

For the Asset Management subindustry, Namibia Asset Management'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.

Namibia Asset Management's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Namibia Asset Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Namibia Asset Management's Interest Coverage falls into.


;
;

Namibia Asset Management 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.

Namibia Asset Management's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Namibia Asset Management's Interest Expense was R0.00 Mil. Its Operating Income was R0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.00 Mil.

Namibia Asset Management had no debt (1).

Namibia Asset Management's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Namibia Asset Management's Interest Expense was R0.00 Mil. Its Operating Income was R0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was R0.00 Mil.

Namibia Asset Management had no debt (1).

* 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.

Namibia Asset Management  (NAM:NAM) 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 .

Namibia Asset Management Interest Coverage Related Terms

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

Namibia Asset Management Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Namibia Asset Management (NAM:NAM) » Definitions » Interest Coverage
Comparable Companies
Traded in Other Exchanges
N/A
Address
C/o DR AB May Street and Corner of Robert Mugabe Avenue, 1st Floor, Millennium House, Windhoek, NAM
Website
https://www.namasset.com.na
Namibia Asset Management is a Namibia-based asset management company offering a range of segregated and pooled products with exposure to domestic, regional, and international equity, as well as fixed interest and listed property. It has various unit trust funds with different investment objectives such as Income, Income and Growth, and Long-term Growth, providing investors with various investment options. The company also manages institutional assets on behalf of its clients including pension and provident funds, medical aid schemes, and trusts. It is currently organized into one operating segment, asset management, and all of its operations are located in Namibia.

Namibia Asset Management Headlines

No Headlines