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Internet Union (WAR:IUS) Interest Coverage : 88.57 (As of Mar. 2024)


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What is Internet Union 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. Internet Union's Operating Income for the three months ended in Mar. 2024 was zł1.24 Mil. Internet Union's Interest Expense for the three months ended in Mar. 2024 was zł-0.01 Mil. Internet Union's interest coverage for the quarter that ended in Mar. 2024 was 88.57. The higher the ratio, the stronger the company's financial strength is.

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

WAR:IUS' s Interest Coverage Range Over the Past 10 Years
Min: 2.6   Med: 24.29   Max: 72.72
Current: 69.45


WAR:IUS's Interest Coverage is ranked better than
56.38% of 298 companies
in the Interactive Media industry
Industry Median: 37.625 vs WAR:IUS: 69.45

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


Internet Union Interest Coverage Historical Data

The historical data trend for Internet Union'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.

Internet Union Interest Coverage Chart

Internet Union 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 13.01 26.16 53.54 58.66 72.72

Internet Union Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 143.67 73.23 79.86 47.43 88.57

Competitive Comparison of Internet Union's Interest Coverage

For the Internet Content & Information subindustry, Internet Union'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.


Internet Union's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Internet Union's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Internet Union's Interest Coverage falls into.



Internet Union 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.

Internet Union'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, Internet Union's Interest Expense was zł-0.05 Mil. Its Operating Income was zł3.93 Mil. And its Long-Term Debt & Capital Lease Obligation was zł5.82 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*3.927/-0.054
=72.72

Internet Union's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Internet Union's Interest Expense was zł-0.01 Mil. Its Operating Income was zł1.24 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1.24/-0.014
=88.57

* 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.


Internet Union  (WAR:IUS) 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 .


Internet Union Interest Coverage Related Terms

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


Internet Union (WAR:IUS) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Zlotnicka 28, Wroclaw, POL, 54-029
Internet Union SA is an investment company. The company has three business units namely SEEVE provides symmetrical Internet and telecommunications systems for companies. Aer Network provides internet radio, and MOICO provides fiber optic internet for private clients.

Internet Union (WAR:IUS) Headlines

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