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Invalda INVL AB (OVSE:IVL1L) Interest Coverage : 80.17 (As of Dec. 2024)


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What is Invalda INVL 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. Invalda INVL AB's Operating Income for the six months ended in Dec. 2024 was €30.07 Mil. Invalda INVL AB's Interest Expense for the six months ended in Dec. 2024 was €-0.38 Mil. Invalda INVL AB's interest coverage for the quarter that ended in Dec. 2024 was 80.17. The higher the ratio, the stronger the company's financial strength is.

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

OVSE:IVL1L' s Interest Coverage Range Over the Past 10 Years
Min: 46.29   Med: 80.64   Max: 356.05
Current: 103.11


OVSE:IVL1L's Interest Coverage is ranked better than
55.88% of 451 companies
in the Asset Management industry
Industry Median: 47.99 vs OVSE:IVL1L: 103.11

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


Invalda INVL AB Interest Coverage Historical Data

The historical data trend for Invalda INVL 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.

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Invalda INVL AB Interest Coverage Chart

Invalda INVL 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 56.44 356.05 89.06 46.29 103.11

Invalda INVL AB Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 280.16 - 109.84 143.49 80.17

Competitive Comparison of Invalda INVL AB's Interest Coverage

For the Asset Management subindustry, Invalda INVL 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.


Invalda INVL AB's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invalda INVL AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Invalda INVL AB's Interest Coverage falls into.


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Invalda INVL 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.

Invalda INVL 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, Invalda INVL AB's Interest Expense was €-0.59 Mil. Its Operating Income was €60.63 Mil. And its Long-Term Debt & Capital Lease Obligation was €10.24 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*60.628/-0.588
=103.11

Invalda INVL AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Invalda INVL AB's Interest Expense was €-0.38 Mil. Its Operating Income was €30.07 Mil. And its Long-Term Debt & Capital Lease Obligation was €10.24 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*30.065/-0.375
=80.17

* 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.


Invalda INVL AB  (OVSE:IVL1L) 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 .


Invalda INVL AB Interest Coverage Related Terms

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


Invalda INVL AB Business Description

Traded in Other Exchanges
Address
Gyneju Street 14, Vilnius, LTU, LT-01109
Invalda INVL AB is an asset management company. It operates through the Asset management and Historical Investments activity segments. The Asset management segment includes pension, investment funds, alternative investments (private equity, real assets, and private debt) and portfolio management, financial brokerage, and land administration services. The Historical Investments activity segment includes the group investment activities to the unconsolidated subsidiaries, associates, and financial assets at fair value and administrative activities of the companies. The main investment activities of the company are Agriculture; Life insurance; Facility management; Real estate; and Bank activities. The majority of the company's revenue comes from the Asset management segment.

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