GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AS Trigon Property Development (OTSE:TPD1T) » Definitions » Interest Coverage

AS Trigon Property Development (OTSE:TPD1T) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 1997. Start your Free Trial

What is AS Trigon Property Development 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. AS Trigon Property Development's Operating Income for the three months ended in Mar. 2025 was €-0.03 Mil. AS Trigon Property Development's Interest Expense for the three months ended in Mar. 2025 was €0.00 Mil. AS Trigon Property Development has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

AS Trigon Property Development 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 AS Trigon Property Development's Interest Coverage or its related term are showing as below:

OTSE:TPD1T' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


OTSE:TPD1T's Interest Coverage is ranked better than
99.54% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs OTSE:TPD1T: 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.


AS Trigon Property Development Interest Coverage Historical Data

The historical data trend for AS Trigon Property Development'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.

AS Trigon Property Development Interest Coverage Chart

AS Trigon Property Development 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 No Debt No Debt

AS Trigon Property Development 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 AS Trigon Property Development's Interest Coverage

For the Real Estate - Development subindustry, AS Trigon Property Development'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.


AS Trigon Property Development's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AS Trigon Property Development's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AS Trigon Property Development's Interest Coverage falls into.


;
;

AS Trigon Property Development 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.

AS Trigon Property Development'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, AS Trigon Property Development's Interest Expense was €0.00 Mil. Its Operating Income was €0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

AS Trigon Property Development had no debt (1).

AS Trigon Property Development's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, AS Trigon Property Development's Interest Expense was €0.00 Mil. Its Operating Income was €-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

AS Trigon Property Development 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.


AS Trigon Property Development  (OTSE:TPD1T) 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 .


AS Trigon Property Development Interest Coverage Related Terms

Thank you for viewing the detailed overview of AS Trigon Property Development's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


AS Trigon Property Development Business Description

Traded in Other Exchanges
N/A
Address
Parnu maantee 18, Tallinn, EST, 10141
AS Trigon Property Development is a real estate development company. Its real estate sales division leases out land and develops real estate. The company's core business activity is property development in Central and Eastern Europe. The company operates in one business segment, which is the sale of real estate. It owns a property development project in the Niidu area, Parnu City, Estonia.

AS Trigon Property Development Headlines

No Headlines