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Baltic Classifieds Group (STU:983) Interest Coverage : 10.36 (As of Oct. 2023)


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What is Baltic Classifieds Group 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. Baltic Classifieds Group's Operating Income for the six months ended in Oct. 2023 was €19.37 Mil. Baltic Classifieds Group's Interest Expense for the six months ended in Oct. 2023 was €-1.87 Mil. Baltic Classifieds Group's interest coverage for the quarter that ended in Oct. 2023 was 10.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Baltic Classifieds Group's Interest Coverage or its related term are showing as below:

STU:983' s Interest Coverage Range Over the Past 10 Years
Min: 0.82   Med: 1.45   Max: 56.57
Current: 9.9


STU:983's Interest Coverage is ranked worse than
70.47% of 298 companies
in the Interactive Media industry
Industry Median: 37.625 vs STU:983: 9.90

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


Baltic Classifieds Group Interest Coverage Historical Data

The historical data trend for Baltic Classifieds Group'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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Baltic Classifieds Group Interest Coverage Chart

Baltic Classifieds Group Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Interest Coverage
56.62 0.82 1.19 1.45 11.13

Baltic Classifieds Group Semi-Annual Data
Apr19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Interest Coverage Get a 7-Day Free Trial Premium Member Only 0.74 1.82 13.82 9.37 10.36

Competitive Comparison of Baltic Classifieds Group's Interest Coverage

For the Internet Content & Information subindustry, Baltic Classifieds Group'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.


Baltic Classifieds Group's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baltic Classifieds Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Baltic Classifieds Group's Interest Coverage falls into.



Baltic Classifieds Group 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.

Baltic Classifieds Group's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, Baltic Classifieds Group's Interest Expense was €-2.62 Mil. Its Operating Income was €29.14 Mil. And its Long-Term Debt & Capital Lease Obligation was €69.23 Mil.

Interest Coverage=-1* Operating Income (A: Apr. 2023 )/Interest Expense (A: Apr. 2023 )
=-1*29.135/-2.617
=11.13

Baltic Classifieds Group's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Here, for the six months ended in Oct. 2023, Baltic Classifieds Group's Interest Expense was €-1.87 Mil. Its Operating Income was €19.37 Mil. And its Long-Term Debt & Capital Lease Obligation was €54.41 Mil.

Interest Coverage=-1* Operating Income (Q: Oct. 2023 )/Interest Expense (Q: Oct. 2023 )
=-1*19.373/-1.87
=10.36

* 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.


Baltic Classifieds Group  (STU:983) 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 .


Baltic Classifieds Group Interest Coverage Related Terms

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Baltic Classifieds Group (STU:983) Business Description

Traded in Other Exchanges
Address
Saltoniskiu Street 9B, Vilnius, LTU, LT-08105
Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide range of products. The main focus of the Group is operating leading online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Baltic Classifieds Group (STU:983) Headlines

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