National Enterprises (TRN:NEL) Interest Coverage: 0 (At Loss) (As of . 20)

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TRN:NEL National Enterprises Ltd TRN:NEL
28 GF Score
Price TTD4.52
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What is National Enterprises Interest Coverage?

National Enterprises TRN:NEL -1.74% 28 Interest Coverage is 0 (At Loss) as of . 20. GuruFocus rates TRN:NEL with a GF Score™ of 28/100. Among 422 Conglomerates companies, National Enterprises ranks worse than 236966.59% on this metric.

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. National Enterprises's Operating Income for the six months ended in . 20 was TTD0.00 Mil. National Enterprises's Interest Expense for the six months ended in . 20 was TTD0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 National Enterprises's Interest Coverage or its related term are showing as below:


TRN:NEL's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.335
* 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.

National Enterprises  (TRN:NEL) 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 .

National Enterprises Interest Coverage Related Terms

National Enterprises Interest Coverage Historical Data

* Premium members only.

The historical data trend for National Enterprises'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.

National Enterprises Interest Coverage Chart

National Enterprises Annual Data
Trend
Interest Coverage

National Enterprises Semi-Annual Data
Interest Coverage

TRN:NEL vs : Interest Coverage Comparison

For the Conglomerates subindustry, National Enterprises'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.

National Enterprises Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, National Enterprises's Interest Coverage distribution charts can be found below:

* The bar in red indicates where National Enterprises's Interest Coverage falls into.


TRN:NEL
28GF Score
National Enterprises Ltd TRN:NEL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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National Enterprises 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.

National Enterprises's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, National Enterprises's Interest Expense was TTD0.00 Mil. Its Operating Income was TTD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was TTD0.00 Mil.

National Enterprises had no debt (1).

National Enterprises's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, National Enterprises's Interest Expense was TTD0.00 Mil. Its Operating Income was TTD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was TTD0.00 Mil.

National Enterprises 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
National Enterprises (TRN:NEL) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Enterprises and its competitors. According to the industry distribution chart, National Enterprises ranks #999999 out of 422 companies in the Conglomerates industry.
Is National Enterprises' Interest Coverage too high?
National Enterprises' current Interest Coverage is 0 (At Loss). Based on the distribution chart, National Enterprises ranks #999999 out of 422 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, National Enterprises has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does National Enterprises' Interest Coverage compare to ?
According to the Conglomerates industry distribution chart, National Enterprises ranks #999999 out of 422 companies for Interest Coverage. This places National Enterprises in the lower half of its industry. The industry median Interest Coverage is 5.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.34, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Enterprises and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Enterprises's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Enterprises stock overvalued right now?
National Enterprises (TRN:NEL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). National Enterprises' overall GF Score™ is 28/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For National Enterprises (TRN:NEL), the current Interest Coverage is 0 (At Loss) as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

National Enterprises Business Description

Comparable Companies
Address Level 15, Tower D, Wrightson Road, International Waterfront Centre, Port of Spain, TTO
National Enterprises Ltd is an investment holding company operating on behalf of the Government of the Republic of Trinidad and Tobago. The company's industries include natural gas and energy-based manufacturing, telecommunications, power generation, and food production.
28GF Score

Get the complete analysis for TRN:NEL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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