Cline Scientific AB (OSTO:CLINE B) Interest Coverage: 10.91 (As of Dec. 2023)


OSTO:CLINE B Cline Scientific AB OSTO:CLINE B
4 GF Score
Price kr0.07
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What is Cline Scientific AB Interest Coverage?

Cline Scientific AB OSTO:CLINE B 4 Interest Coverage is 10.91 as of Dec. 2023. GuruFocus rates OSTO:CLINE B with a GF Score™ of 4/100.

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. Cline Scientific AB's Operating Income for the six months ended in Dec. 2023 was kr0.24 Mil. Cline Scientific AB's Interest Expense for the six months ended in Dec. 2023 was kr-0.02 Mil. Cline Scientific AB's interest coverage for the quarter that ended in Dec. 2023 was 10.91. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cline Scientific AB's Interest Coverage or its related term are showing as below:


OSTO:CLINE B's Interest Coverage is not ranked *
in the Biotechnology industry.
Industry Median: 106.07
* 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.

Cline Scientific AB  (OSTO:CLINE B) 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 .

Cline Scientific AB Interest Coverage Related Terms

Cline Scientific AB Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cline Scientific AB'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.

Cline Scientific AB Interest Coverage Chart

Cline Scientific AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Cline Scientific AB Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.00 0.00 23.70 0.00 10.91

OSTO:CLINE B vs VRTX, REGN, SGEN: Interest Coverage Comparison

For the Biotechnology subindustry, Cline Scientific AB'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.

Cline Scientific AB Interest Coverage vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cline Scientific AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cline Scientific AB's Interest Coverage falls into.


OSTO:CLINE B
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Cline Scientific AB OSTO:CLINE B
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Cline Scientific AB 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.

Cline Scientific AB's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Cline Scientific AB's Interest Expense was kr-0.04 Mil. Its Operating Income was kr-3.11 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Cline Scientific AB did not have earnings to cover the interest expense.

Cline Scientific AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Cline Scientific AB's Interest Expense was kr-0.02 Mil. Its Operating Income was kr0.24 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.24/-0.022
=10.91

* 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 10.91 mean?
Cline Scientific AB (OSTO:CLINE B) has a Interest Coverage of 10.91 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cline Scientific AB and its competitors.
Is Cline Scientific AB's Interest Coverage too high?
Cline Scientific AB's current Interest Coverage is 10.91. The Biotechnology industry median Interest Coverage is 106.07. Cline Scientific AB's value of 10.91 is 89.7% below this industry median. Overall, Cline Scientific AB has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cline Scientific AB's Interest Coverage compare to VRTX and REGN?
Cline Scientific AB's Interest Coverage of 10.91 can be compared against companies in the Biotechnology industry. The industry median Interest Coverage is 106.07. Cline Scientific AB's value of 10.91 is 89.7% below this benchmark. 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 Biotechnology company?
The median Interest Coverage among Biotechnology companies is 106.07, based on 377 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. Cline Scientific AB's current Interest Coverage of 10.91 is 89.7% below the industry median. 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 Cline Scientific AB and its competitors. For the Biotechnology industry, the median Interest Coverage is 106.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cline Scientific AB's current Interest Coverage is 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cline Scientific AB stock overvalued right now?
Cline Scientific AB (OSTO:CLINE B) has a current Interest Coverage of 10.91. The current Interest Coverage is 10.91 and 89.7% below the Biotechnology industry median of 106.07. Cline Scientific AB's overall GF Score™ is 4/100. 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 Cline Scientific AB (OSTO:CLINE B), the current Interest Coverage is 10.91 as of Dec. 2023. 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.

Cline Scientific AB Business Description

Address Vastra Gotalands Lan, 2C Argongatan, Molndal, SWE, 43153
Cline Scientific AB develops and markets products for biomedical research based on proprietary nanotechnology. Its products include unique surfaces for use in stem cell & cancer research and customized nanoparticles for use in biomedical applications.
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