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KebNi AB (STU:KEN) Interest Coverage : 11.50 (As of Dec. 2024)


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What is KebNi 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. KebNi AB's Operating Income for the three months ended in Dec. 2024 was €0.18 Mil. KebNi AB's Interest Expense for the three months ended in Dec. 2024 was €-0.02 Mil. KebNi AB's interest coverage for the quarter that ended in Dec. 2024 was 11.50. The higher the ratio, the stronger the company's financial strength is.

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

STU:KEN' s Interest Coverage Range Over the Past 10 Years
Min: 9.98   Med: 9.98   Max: 9.98
Current: 9.98


STU:KEN's Interest Coverage is ranked worse than
56.35% of 1576 companies
in the Hardware industry
Industry Median: 13.545 vs STU:KEN: 9.98

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


KebNi AB Interest Coverage Historical Data

The historical data trend for KebNi 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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KebNi AB Interest Coverage Chart

KebNi 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 - - - - 9.89

KebNi AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 - No Debt 55.00 - 11.50

Competitive Comparison of KebNi AB's Interest Coverage

For the Communication Equipment subindustry, KebNi 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.


KebNi AB's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KebNi AB's Interest Coverage distribution charts can be found below:

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



KebNi 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.

KebNi 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, KebNi AB's Interest Expense was €-0.03 Mil. Its Operating Income was €0.27 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*0.267/-0.027
=9.89

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

Here, for the three months ended in Dec. 2024, KebNi AB's Interest Expense was €-0.02 Mil. Its Operating Income was €0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*0.184/-0.016
=11.50

* 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.


KebNi AB  (STU:KEN) 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 .


KebNi AB Interest Coverage Related Terms

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


KebNi AB Business Description

Traded in Other Exchanges
Address
Vagogatan 6, Kista, SWE, 164 40
KebNi AB is a supplier of reliable technology, products and solutions for safety, positioning and stabilization. The company' products include KebNi Inertial Sensing; KebNi Land Mobile; and KebNi Maritime. It markets its products through three business areas KebNi Maritime for Maritime Satellite antennas, KebNi Inertial Sensing for Inertial Measurement Unit and KebNi Land Mobile for Communication On The Move (COTM) and Communication on the Pause (COTP) antennas.