Selena FM (WAR:SEL) Interest Coverage : 2.27 (As of Dec. 2023)

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What is Selena FM 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. Selena FM's Operating Income for the three months ended in Dec. 2023 was zł15 Mil. Selena FM's Interest Expense for the three months ended in Dec. 2023 was zł-7 Mil. Selena FM's interest coverage for the quarter that ended in Dec. 2023 was 2.27. The higher the ratio, the stronger the company's financial strength is.

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

WAR:SEL' s Interest Coverage Range Over the Past 10 Years
Min: 5.46 Med: 11.33 Max: 36.03
Current: 5.46

WAR:SEL's Interest Coverage is ranked worse than
65.93% of 1177 companies
in the Chemicals industry
Industry Median: 9.89 vs WAR:SEL: 5.46

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

Selena FM Interest Coverage Historical Data

The historical data trend for Selena FM'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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Selena FM Interest Coverage Chart

Selena FM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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13.33

36.03

19.45

9.40

5.46

Selena FM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															6.29	0.64	6.04	11.44	2.27

Competitive Comparison of Selena FM's Interest Coverage

For the Specialty Chemicals subindustry, Selena FM'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.

Selena FM's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Selena FM's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Selena FM's Interest Coverage falls into.

Selena FM 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.

Selena FM'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, Selena FM's Interest Expense was zł-21 Mil. Its Operating Income was zł116 Mil. And its Long-Term Debt & Capital Lease Obligation was zł87 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	115.732	/	-21.18
	=	5.46

Selena FM's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Selena FM's Interest Expense was zł-7 Mil. Its Operating Income was zł15 Mil. And its Long-Term Debt & Capital Lease Obligation was zł87 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	15.242	/	-6.71
	=	2.27

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

Selena FM (WAR:SEL) 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 .

Selena FM Interest Coverage Related Terms

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

Selena FM (WAR:SEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Selena FM SA (WAR:SEL) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

3Z3:Germany

Address

Legnicka 48A, Wroclaw, POL, 54-202

Website

https://www.selena.com

Selena FM SA is a Poland-based company engaged in the construction materials sector. The core business of the group includes the production, distribution, and sale of construction chemicals, building materials for doors and windows, and general building accessories. Its products include polyurethane foams, adhesives, sealants, building insulation systems, flooring systems, interior wall systems, ceramic tile systems, construction mortars, waterproofing materials, and other products primarily under Tytan, Quilosa, Artelit, Cool-R, and Matizol brand names. The company's geographical segments include European Union; Eastern Europe and Asia, and North and South America. It derives a majority of its revenue from the European Union.

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