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Ease2pay NV (STU:DOC2) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Ease2pay NV 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. Ease2pay NV's Operating Income for the six months ended in Dec. 2023 was €-0.57 Mil. Ease2pay NV's Interest Expense for the six months ended in Dec. 2023 was €0.00 Mil. Ease2pay NV has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ease2pay NV 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 Ease2pay NV's Interest Coverage or its related term are showing as below:

STU:DOC2' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


STU:DOC2's Interest Coverage is ranked better than
98.88% of 1601 companies
in the Software industry
Industry Median: 29.34 vs STU:DOC2: 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.


Ease2pay NV Interest Coverage Historical Data

The historical data trend for Ease2pay NV'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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Ease2pay NV Interest Coverage Chart

Ease2pay NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - No Debt

Ease2pay NV Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only - - - No Debt No Debt

Competitive Comparison of Ease2pay NV's Interest Coverage

For the Software - Infrastructure subindustry, Ease2pay NV'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.


Ease2pay NV's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Ease2pay NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ease2pay NV's Interest Coverage falls into.



Ease2pay NV 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.

Ease2pay NV'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, Ease2pay NV's Interest Expense was €0.00 Mil. Its Operating Income was €-1.52 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Ease2pay NV had no debt (1).

Ease2pay NV's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Ease2pay NV's Interest Expense was €0.00 Mil. Its Operating Income was €-0.57 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Ease2pay NV 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.


Ease2pay NV  (STU:DOC2) 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 .


Ease2pay NV Interest Coverage Related Terms

Thank you for viewing the detailed overview of Ease2pay NV's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Ease2pay NV (STU:DOC2) Business Description

Traded in Other Exchanges
Address
Burgermeester Oudlaan 50, Rotterdam, ZH, NLD, 3062 PA
Ease2pay NV provides services via its payment transaction platform, which offers users services to order and pay in one action. It also operates a platform that connects travellers with providers of parking and charging facilities, not only on the road but also on water. The company's offers services such as parking payment, refueling payment, reserving a parking bay or mooring and arranging access to electricity and tap water and possibly additional facilities, such as launderettes,, charging private cars, on- and off-street parking and other services.

Ease2pay NV (STU:DOC2) Headlines

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