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Wilh. Wilhelmsen Holding ASA (OSL:WWI) Interest Coverage : 1.37 (As of Dec. 2024)


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What is Wilh. Wilhelmsen Holding ASA 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. Wilh. Wilhelmsen Holding ASA's Operating Income for the three months ended in Dec. 2024 was kr123 Mil. Wilh. Wilhelmsen Holding ASA's Interest Expense for the three months ended in Dec. 2024 was kr-90 Mil. Wilh. Wilhelmsen Holding ASA's interest coverage for the quarter that ended in Dec. 2024 was 1.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Wilh. Wilhelmsen Holding ASA's Interest Coverage or its related term are showing as below:

OSL:WWI' s Interest Coverage Range Over the Past 10 Years
Min: 1.1   Med: 2.25   Max: 3.19
Current: 2.35


OSL:WWI's Interest Coverage is ranked worse than
76.82% of 824 companies
in the Transportation industry
Industry Median: 5.955 vs OSL:WWI: 2.35

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


Wilh. Wilhelmsen Holding ASA Interest Coverage Historical Data

The historical data trend for Wilh. Wilhelmsen Holding ASA'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.

Wilh. Wilhelmsen Holding ASA Interest Coverage Chart

Wilh. Wilhelmsen Holding ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 2.92 2.96 2.28 2.33

Wilh. Wilhelmsen Holding ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.60 2.44 3.00 2.44 1.37

Competitive Comparison of Wilh. Wilhelmsen Holding ASA's Interest Coverage

For the Marine Shipping subindustry, Wilh. Wilhelmsen Holding ASA'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.


Wilh. Wilhelmsen Holding ASA's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wilh. Wilhelmsen Holding ASA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wilh. Wilhelmsen Holding ASA's Interest Coverage falls into.



Wilh. Wilhelmsen Holding ASA 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.

Wilh. Wilhelmsen Holding ASA'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, Wilh. Wilhelmsen Holding ASA's Interest Expense was kr-404 Mil. Its Operating Income was kr943 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,320 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*942.514/-403.934
=2.33

Wilh. Wilhelmsen Holding ASA's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Wilh. Wilhelmsen Holding ASA's Interest Expense was kr-90 Mil. Its Operating Income was kr123 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,320 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*123.424/-89.763
=1.37

* 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.


Wilh. Wilhelmsen Holding ASA  (OSL:WWI) 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 .


Wilh. Wilhelmsen Holding ASA Interest Coverage Related Terms

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


Wilh. Wilhelmsen Holding ASA Business Description

Address
Strandveien 20, Lysaker, NOR, NO-1366
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all major vessel types, through a worldwide network of approximately 239 offices in 60 countries. The group has a business presence in Europe, Oceania, America, and Asia and Africa.

Wilh. Wilhelmsen Holding ASA Headlines

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