GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Impact Coatings AB (OSTO:IMPC) » Definitions » Interest Coverage

Impact Coatings AB (OSTO:IMPC) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Impact Coatings AB 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. Impact Coatings AB's Operating Income for the three months ended in Mar. 2025 was kr-11.6 Mil. Impact Coatings AB's Interest Expense for the three months ended in Mar. 2025 was kr0.0 Mil. Impact Coatings AB has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Impact Coatings AB has no debt.

(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 Impact Coatings AB's Interest Coverage or its related term are showing as below:

OSTO:IMPC' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


OSTO:IMPC's Interest Coverage is ranked better than
99.65% of 2283 companies
in the Industrial Products industry
Industry Median: 15.65 vs OSTO:IMPC: No Debt

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


Impact Coatings AB Interest Coverage Historical Data

The historical data trend for Impact Coatings 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.

* Premium members only.

Impact Coatings AB Interest Coverage Chart

Impact Coatings AB 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 - - No Debt No Debt No Debt

Impact Coatings AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Impact Coatings AB's Interest Coverage

For the Specialty Industrial Machinery subindustry, Impact Coatings 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.


Impact Coatings AB's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Impact Coatings AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Impact Coatings AB's Interest Coverage falls into.


;
;

Impact Coatings 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.

Impact Coatings AB'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, Impact Coatings AB's Interest Expense was kr0.0 Mil. Its Operating Income was kr-32.3 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Impact Coatings AB had no debt (1).

Impact Coatings AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Impact Coatings AB's Interest Expense was kr0.0 Mil. Its Operating Income was kr-11.6 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.0 Mil.

Impact Coatings AB 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.


Impact Coatings AB  (OSTO:IMPC) 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 .


Impact Coatings AB Interest Coverage Related Terms

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


Impact Coatings AB Business Description

Traded in Other Exchanges
Address
Westmansgatan 29G, Linkoping, SWE, 582 16
Impact Coatings AB develops and delivers industrial PVD coating focused on fuel cells, decorative, metallized and reflector applications. The company markets coatings under the INLINECOATER brand and coatings under MAXPHASE.

Impact Coatings AB Headlines

No Headlines