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Dunav osiguranje a.d (XBEL:DNOS) Interest Coverage : 292.24 (As of Dec. 2024)


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What is Dunav osiguranje a.d 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 EBIT by its Interest Expense. Dunav osiguranje a.d's EBIT for the six months ended in Dec. 2024 was RSD1,323 Mil. Dunav osiguranje a.d's Interest Expense for the six months ended in Dec. 2024 was RSD-5 Mil. Dunav osiguranje a.d's interest coverage for the quarter that ended in Dec. 2024 was 292.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dunav osiguranje a.d's Interest Coverage or its related term are showing as below:

XBEL:DNOS' s Interest Coverage Range Over the Past 10 Years
Min: 17.57   Med: 50.13   Max: 223.91
Current: 31.71


XBEL:DNOS's Interest Coverage is ranked better than
63.75% of 331 companies
in the Insurance industry
Industry Median: 15.4 vs XBEL:DNOS: 31.71

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


Dunav osiguranje a.d Interest Coverage Historical Data

The historical data trend for Dunav osiguranje a.d'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.

Dunav osiguranje a.d Interest Coverage Chart

Dunav osiguranje a.d Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.69 54.58 17.57 45.17 31.71

Dunav osiguranje a.d Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 8.81 - 20.01 292.24

Competitive Comparison of Dunav osiguranje a.d's Interest Coverage

For the Insurance - Property & Casualty subindustry, Dunav osiguranje a.d'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.


Dunav osiguranje a.d's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dunav osiguranje a.d's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dunav osiguranje a.d's Interest Coverage falls into.


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Dunav osiguranje a.d 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Dunav osiguranje a.d's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Dunav osiguranje a.d's Interest Expense was RSD-105 Mil. Its EBIT was RSD3,338 Mil. And its Long-Term Debt & Capital Lease Obligation was RSD241 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*3338.283/-105.272
=31.71

Dunav osiguranje a.d's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Dunav osiguranje a.d's Interest Expense was RSD-5 Mil. Its EBIT was RSD1,323 Mil. And its Long-Term Debt & Capital Lease Obligation was RSD241 Mil.

Interest Coverage=-1* EBIT (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1322.681/-4.526
=292.24

* 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.


Dunav osiguranje a.d  (XBEL:DNOS) 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 .


Dunav osiguranje a.d Interest Coverage Related Terms

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


Dunav osiguranje a.d Business Description

Traded in Other Exchanges
N/A
Address
Makedonska 4, Belgrade, SRB
Dunav osiguranje a.d. is an insurance company. The company provides insurance, reinsurance, co-insurance, and other insurance services. It offers motor, property, church houses, accident, good health, transportation, liability, and agriculture insurance.

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