GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gi Group Poland SA (WAR:GIG) » Definitions » Interest Coverage

Gi Group Poland (WAR:GIG) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


View and export this data going back to 2012. Start your Free Trial

What is Gi Group Poland 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. Gi Group Poland's Operating Income for the three months ended in Mar. 2025 was zł-4.8 Mil. Gi Group Poland's Interest Expense for the three months ended in Mar. 2025 was zł-1.5 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 Gi Group Poland's Interest Coverage or its related term are showing as below:

WAR:GIG' s Interest Coverage Range Over the Past 10 Years
Min: 0.28   Med: 0.89   Max: 6.45
Current: 0.29


WAR:GIG's Interest Coverage is ranked worse than
98.36% of 793 companies
in the Business Services industry
Industry Median: 13.32 vs WAR:GIG: 0.29

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


Gi Group Poland Interest Coverage Historical Data

The historical data trend for Gi Group Poland'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.

Gi Group Poland Interest Coverage Chart

Gi Group Poland 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 1.05 - 0.28 - -

Gi Group Poland Quarterly Data
Sep19 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 - - 1.74 0.46 -

Competitive Comparison of Gi Group Poland's Interest Coverage

For the Staffing & Employment Services subindustry, Gi Group Poland'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.


Gi Group Poland's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gi Group Poland's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gi Group Poland's Interest Coverage falls into.


;
;

Gi Group Poland 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.

Gi Group Poland'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, Gi Group Poland's Interest Expense was zł-6.7 Mil. Its Operating Income was zł-7.8 Mil. And its Long-Term Debt & Capital Lease Obligation was zł44.8 Mil.

Gi Group Poland did not have earnings to cover the interest expense.

Gi Group Poland's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Gi Group Poland's Interest Expense was zł-1.5 Mil. Its Operating Income was zł-4.8 Mil. And its Long-Term Debt & Capital Lease Obligation was zł5.3 Mil.

Gi Group Poland did not have earnings to cover the interest expense.

* 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.


Gi Group Poland  (WAR:GIG) 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 .


Gi Group Poland Interest Coverage Related Terms

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


Gi Group Poland Business Description

Traded in Other Exchanges
N/A
Address
Sky Tower, ul. Gwiazdzista 66, Wroclaw, POL, 53-413
Gi Group Poland SA formerly Work Service SA is a Poland-based employment agency. It specializes in employment services and modern human resource solutions, providing services in the area of recruitment, the provision of skilled workers to clients, consulting and human resource management. The company has four main product lines, Temporary work, Outsourcing, Personnel Consulting and Strategic HR Consulting. The company generates a majority of its revenue from temporary work segment covering services relating to the recruitment of temporary workers directed to work for the contractor, supervising their work, reporting results, as well as the calculation of the components of remuneration and personnel record keeping and payment of wages.