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Basilix/Immo-Basilix (XBRU:BAS) Interest Coverage : 0 (At Loss) (As of Aug. 2024)


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What is Basilix/Immo-Basilix 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. Basilix/Immo-Basilix's Operating Income for the six months ended in Aug. 2024 was €-0.14 Mil. Basilix/Immo-Basilix's Interest Expense for the six months ended in Aug. 2024 was €-2.24 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Basilix/Immo-Basilix's Interest Coverage or its related term are showing as below:


XBRU:BAS's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.97
* Ranked among companies with meaningful Interest Coverage only.

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


Basilix/Immo-Basilix Interest Coverage Historical Data

The historical data trend for Basilix/Immo-Basilix'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.

Basilix/Immo-Basilix Interest Coverage Chart

Basilix/Immo-Basilix Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - No Debt -

Basilix/Immo-Basilix Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - No Debt No Debt - -

Competitive Comparison of Basilix/Immo-Basilix's Interest Coverage

For the Real Estate Services subindustry, Basilix/Immo-Basilix'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.


Basilix/Immo-Basilix's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Basilix/Immo-Basilix's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Basilix/Immo-Basilix's Interest Coverage falls into.


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Basilix/Immo-Basilix 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.

Basilix/Immo-Basilix's Interest Coverage for the fiscal year that ended in Aug. 2024 is calculated as

Here, for the fiscal year that ended in Aug. 2024, Basilix/Immo-Basilix's Interest Expense was €-2.24 Mil. Its Operating Income was €-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Basilix/Immo-Basilix did not have earnings to cover the interest expense.

Basilix/Immo-Basilix's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Here, for the six months ended in Aug. 2024, Basilix/Immo-Basilix's Interest Expense was €-2.24 Mil. Its Operating Income was €-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Basilix/Immo-Basilix did not have earnings to cover the interest expense.

* 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.


Basilix/Immo-Basilix  (XBRU:BAS) 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 .


Basilix/Immo-Basilix Interest Coverage Related Terms

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


Basilix/Immo-Basilix Business Description

Traded in Other Exchanges
N/A
Address
Avenue Charles Quint 420, Berchem-Saint-Agathe, BEL, 1082
Basilix/Immo-Basilix operates and manages shopping mall in Belgium. It leases retail space for businesses and provides parking facilities for consumers. It consists of a variety of stores catering to the needs of consumers.

Basilix/Immo-Basilix Headlines

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