B-Act (WAR:BAC) Interest Coverage : 44.29 (As of Dec. 2023)

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What is B-Act 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. B-Act's Operating Income for the six months ended in Dec. 2023 was zł2.30 Mil. B-Act's Interest Expense for the six months ended in Dec. 2023 was zł-0.05 Mil. B-Act's interest coverage for the quarter that ended in Dec. 2023 was 44.29. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for B-Act's Interest Coverage or its related term are showing as below:

WAR:BAC' s Interest Coverage Range Over the Past 10 Years
Min: 22.07 Med: 26.15 Max: 44.29
Current: 44.29

WAR:BAC's Interest Coverage is ranked better than
77.67% of 1294 companies
in the Construction industry
Industry Median: 6.795 vs WAR:BAC: 44.29

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

B-Act Interest Coverage Historical Data

The historical data trend for B-Act'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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B-Act Interest Coverage Chart

B-Act Annual Data

Trend

Dec21

Dec22

Dec23

Interest Coverage

26.15

22.07

44.29

B-Act Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Coverage	26.15	22.07	44.29

Competitive Comparison of B-Act's Interest Coverage

For the Engineering & Construction subindustry, B-Act'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.

B-Act's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, B-Act's Interest Coverage distribution charts can be found below:

* The bar in red indicates where B-Act's Interest Coverage falls into.

B-Act 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.

B-Act'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, B-Act's Interest Expense was zł-0.05 Mil. Its Operating Income was zł2.30 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.03 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	2.303	/	-0.052
	=	44.29

B-Act's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, B-Act's Interest Expense was zł-0.05 Mil. Its Operating Income was zł2.30 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.03 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2.303	/	-0.052
	=	44.29

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

B-Act (WAR:BAC) 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 .

B-Act Interest Coverage Related Terms

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

B-Act Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » B-Act SA (WAR:BAC) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Paderewskiego 24, Bydgoszcz, POL, 85075

Website

https://www.b-act.com.pl/en/b-act

B-Act SA is an engineering consulting company. The company is engaged in management, consulting, and supervision in the implementation of construction projects in Poland, Romania, Ukraine and the Baltic States. The company provide comprehensive services including representing the investor, technical, economic, financial and legal advice, as well as controlling the course of the investment process with the use of modern IT tools.