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Koninklijke Bam Groep NV (XAMS:BAMNB) Interest Coverage : 6.18 (As of Jun. 2024)


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What is Koninklijke Bam Groep NV 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. Koninklijke Bam Groep NV's Operating Income for the six months ended in Jun. 2024 was €49 Mil. Koninklijke Bam Groep NV's Interest Expense for the six months ended in Jun. 2024 was €-8 Mil. Koninklijke Bam Groep NV's interest coverage for the quarter that ended in Jun. 2024 was 6.18. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Koninklijke Bam Groep NV's Interest Coverage or its related term are showing as below:

XAMS:BAMNB' s Interest Coverage Range Over the Past 10 Years
Min: 1.27   Med: 4.59   Max: 16.99
Current: 9.67


XAMS:BAMNB's Interest Coverage is ranked better than
57.19% of 1294 companies
in the Construction industry
Industry Median: 6.795 vs XAMS:BAMNB: 9.67

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


Koninklijke Bam Groep NV Interest Coverage Historical Data

The historical data trend for Koninklijke Bam Groep NV'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.

Koninklijke Bam Groep NV Interest Coverage Chart

Koninklijke Bam Groep NV 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 3.13 - 4.59 16.99 14.42

Koninklijke Bam Groep NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 24.85 8.60 15.20 13.95 6.18

Competitive Comparison of Koninklijke Bam Groep NV's Interest Coverage

For the Engineering & Construction subindustry, Koninklijke Bam Groep NV'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.


Koninklijke Bam Groep NV's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Koninklijke Bam Groep NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Koninklijke Bam Groep NV's Interest Coverage falls into.



Koninklijke Bam Groep NV 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.

Koninklijke Bam Groep NV'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, Koninklijke Bam Groep NV's Interest Expense was €-10 Mil. Its Operating Income was €150 Mil. And its Long-Term Debt & Capital Lease Obligation was €215 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*150.279/-10.423
=14.42

Koninklijke Bam Groep NV's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the six months ended in Jun. 2024, Koninklijke Bam Groep NV's Interest Expense was €-8 Mil. Its Operating Income was €49 Mil. And its Long-Term Debt & Capital Lease Obligation was €224 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*49.4/-8
=6.18

* 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.


Koninklijke Bam Groep NV  (XAMS:BAMNB) 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 .


Koninklijke Bam Groep NV Interest Coverage Related Terms

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


Koninklijke Bam Groep NV Business Description

Traded in Other Exchanges
Address
Runnenburg 9, Bunnik, NLD, 3981 AZ
Koninklijke Bam Groep NV is a European construction firm with experience in mechanical, electrical, and engineering projects. It carries out residential and non-residential construction contracts and develops properties, roads, rail, healthcare, and other accommodations for various markets. The company has three reportable segments: Division Netherlands which derives key revenue, division United Kingdom and Ireland and Invesis. Belgium, Germany and International. Construction and Property- which contributes the maximum proportion of revenue), Civil engineering, and PPP (public private partnerships).

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