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Metal Tiger (STU:EBRA) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Metal Tiger 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. Metal Tiger's Operating Income for the six months ended in Dec. 2023 was €-1.13 Mil. Metal Tiger's Interest Expense for the six months ended in Dec. 2023 was €0.14 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Metal Tiger's Interest Coverage or its related term are showing as below:


STU:EBRA's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

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


Metal Tiger Interest Coverage Historical Data

The historical data trend for Metal Tiger'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.

Metal Tiger Interest Coverage Chart

Metal Tiger 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 - - 6.40 - -

Metal Tiger 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 - - - - -

Competitive Comparison of Metal Tiger's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Metal Tiger'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.


Metal Tiger's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Metal Tiger's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Metal Tiger's Interest Coverage falls into.



Metal Tiger 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.

Metal Tiger'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, Metal Tiger's Interest Expense was €-1.14 Mil. Its Operating Income was €-3.33 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Metal Tiger did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Metal Tiger's Interest Expense was €0.14 Mil. Its Operating Income was €-1.13 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

* 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.


Metal Tiger  (STU:EBRA) 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 .


Metal Tiger Interest Coverage Related Terms

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


Metal Tiger (STU:EBRA) Business Description

Traded in Other Exchanges
Address
Weston Down Lane, Weston Farm House, Weston Colley, Winchester, Hants, GBR, SO21 3AG
Strata Investment Holdings plc formerly Metal Tiger PLC operates in the natural resources sector. The company is engaged in precious metals exploration and base metals aggregation in South-East Asia. Its business is organized into two divisions for its investment interests in the natural resources sector that is Equity investments and Project Investments. Geographically, it has a presence in the UK; EMEA; Asia-Pacific; Australasia, and the Americas.

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