Canal+ (STU:YA3) Interest Coverage : 3.83 (As of Dec. 2024)

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What is Canal+ 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. Canal+'s Operating Income for the six months ended in Dec. 2024 was €134 Mil. Canal+'s Interest Expense for the six months ended in Dec. 2024 was €-35 Mil. Canal+'s interest coverage for the quarter that ended in Dec. 2024 was 3.83. The higher the ratio, the stronger the company's financial strength is.

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

STU:YA3' s Interest Coverage Range Over the Past 10 Years
Min: 2.41 Med: 8.53 Max: 12.26
Current: 7.25

STU:YA3's Interest Coverage is ranked worse than
56.3% of 627 companies
in the Media - Diversified industry
Industry Median: 10.45 vs STU:YA3: 7.25

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

Canal+ Interest Coverage Historical Data

The historical data trend for Canal+'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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Canal+ Interest Coverage Chart

Canal+ Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

N/A

12.26

9.85

2.41

7.20

Canal+ Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial			N/A	4.24	1.29	12.13	3.83

Competitive Comparison of Canal+'s Interest Coverage

For the Entertainment subindustry, Canal+'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.

Canal+'s Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Canal+'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Canal+'s Interest Coverage falls into.

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Canal+ 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.

Canal+'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, Canal+'s Interest Expense was €-59 Mil. Its Operating Income was €425 Mil. And its Long-Term Debt & Capital Lease Obligation was €573 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	425	/	-59
	=	7.20

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

Here, for the six months ended in Dec. 2024, Canal+'s Interest Expense was €-35 Mil. Its Operating Income was €134 Mil. And its Long-Term Debt & Capital Lease Obligation was €573 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	134	/	-35
	=	3.83

The higher the ratio, the stronger the company's Financial Strength is.

Canal+ (STU:YA3) 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 .

Canal+ Interest Coverage Related Terms

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

Canal+ Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Canal+ SA (STU:YA3) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CANl:UK CAN:UK CAN:Austria

Address

50 Rue Camille Desmoulins, Cedex 9, Issy Les Moulineaux, FRA, 92863

Website

https://www.canalplusgroup.com

Canal+ SA is media and entertainment company and also operates short-form video streaming platforms with Dailymotion. It operates in three business segments, Europe, Africa and Asia, and Content Production, Distribution and Other. Key revenue is generated from Europe which includes subscription-TV, advertising-based television and OTT businesses across France, the Overseas Territories, Poland and also in Central Europe and the Benelux through M7, and the Group's FTTH business in the Overseas Territories.

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