Dangote Sugar Refinery (NSA:DSRP) Interest Coverage : 335.97 (As of Dec. 2022)

Dangote Sugar Refinery Interest Coverage Chart

Dangote Sugar Refinery Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Coverage		Get a 7-Day Free Trial					123.77	66.06	144.15	121.44	335.97

Dangote Sugar Refinery Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Interest Coverage	Get a 7-Day Free Trial										123.77	66.06	144.15	121.44	335.97

Competitive Comparison of Dangote Sugar Refinery's Interest Coverage

For the Confectioners subindustry, Dangote Sugar Refinery'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.

Dangote Sugar Refinery's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's Interest Coverage falls into.

Dangote Sugar Refinery 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Dangote Sugar Refinery's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Dangote Sugar Refinery's Interest Expense was ₦-242 Mil. Its Operating Income was ₦81,453 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦532 Mil.

Dangote Sugar Refinery's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Dangote Sugar Refinery's Interest Expense was ₦-242 Mil. Its Operating Income was ₦81,453 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦532 Mil.

* 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.

Dangote Sugar Refinery  (NSA:DSRP) 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 .

Dangote Sugar Refinery Interest Coverage Related Terms

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Dangote Sugar Refinery (NSA:DSRP) Business Description