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WBRBY (Wienerberger AG) Interest Coverage : 3.14 (As of Sep. 2024)


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What is Wienerberger AG 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. Wienerberger AG's Operating Income for the three months ended in Sep. 2024 was $107 Mil. Wienerberger AG's Interest Expense for the three months ended in Sep. 2024 was $-34 Mil. Wienerberger AG's interest coverage for the quarter that ended in Sep. 2024 was 3.14. The higher the ratio, the stronger the company's financial strength is.

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

WBRBY' s Interest Coverage Range Over the Past 10 Years
Min: 1.64   Med: 5.38   Max: 14.87
Current: 2.71


WBRBY's Interest Coverage is ranked worse than
72.94% of 303 companies
in the Building Materials industry
Industry Median: 6.17 vs WBRBY: 2.71

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


Wienerberger AG Interest Coverage Historical Data

The historical data trend for Wienerberger AG'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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Wienerberger AG Interest Coverage Chart

Wienerberger AG 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 8.63 5.08 10.42 14.87 6.26

Wienerberger AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.96 1.44 1.19 4.41 3.14

Competitive Comparison of Wienerberger AG's Interest Coverage

For the Building Materials subindustry, Wienerberger AG'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.


Wienerberger AG's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Wienerberger AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wienerberger AG's Interest Coverage falls into.



Wienerberger AG 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.

Wienerberger AG'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, Wienerberger AG's Interest Expense was $-83 Mil. Its Operating Income was $521 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,390 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*520.511/-83.21
=6.26

Wienerberger AG's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Wienerberger AG's Interest Expense was $-34 Mil. Its Operating Income was $107 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*107.12/-34.166
=3.14

* 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.


Wienerberger AG  (OTCPK:WBRBY) 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 .


Wienerberger AG Interest Coverage Related Terms

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


Wienerberger AG Business Description

Address
Wienerbergerplatz 1, Vienna, AUT, 1100
Wienerberger AG manufactures and sells building materials to the residential construction industry. The company's product portfolio includes clay blocks, facing bricks, roof tiles, plastic and ceramic pipes, and concrete pavers, among others. The business is divided into three operating segments based on geographic locations: Europe West, Europe East, and North America. A vast majority of the company's revenue is generated by the Europe West segment, which reports on Northern and Western Europe and encompasses system solutions for the entire building envelope (wall, roof, and facade) as well as pavers, wastewater and rainwater disposal, sanitation, heating and cooling installations, and energy, gas, and potable-water supply.

Wienerberger AG Headlines

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