Immo Genk Zuid (XBRU:GENK) Interest Coverage : 50.86 (As of May. 2021)

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What is Immo Genk Zuid 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. Immo Genk Zuid's Operating Income for the six months ended in May. 2021 was €1.07 Mil. Immo Genk Zuid's Interest Expense for the six months ended in May. 2021 was €-0.02 Mil. Immo Genk Zuid's interest coverage for the quarter that ended in May. 2021 was 50.86. The higher the ratio, the stronger the company's financial strength is.

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

XBRU:GENK's Interest Coverage is not ranked ^*
in the Real Estate industry.
Industry Median: 3.995
* 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.

Immo Genk Zuid Interest Coverage Historical Data

The historical data trend for Immo Genk Zuid'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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Immo Genk Zuid Interest Coverage Chart

Immo Genk Zuid Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Interest Coverage

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25.04

29.32

39.15

8.41

Immo Genk Zuid Semi-Annual Data
	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	May21
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	50.86

Competitive Comparison of Immo Genk Zuid's Interest Coverage

For the Real Estate Services subindustry, Immo Genk Zuid'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.

Immo Genk Zuid's Interest Coverage Distribution in the Real Estate Industry

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

* The bar in red indicates where Immo Genk Zuid's Interest Coverage falls into.

Immo Genk Zuid 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.

Immo Genk Zuid's Interest Coverage for the fiscal year that ended in Nov. 2019 is calculated as

Here, for the fiscal year that ended in Nov. 2019, Immo Genk Zuid's Interest Expense was €-0.07 Mil. Its Operating Income was €-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.45 Mil.

Immo Genk Zuid did not have earnings to cover the interest expense.

Immo Genk Zuid's Interest Coverage for the quarter that ended in May. 2021 is calculated as

Here, for the six months ended in May. 2021, Immo Genk Zuid's Interest Expense was €-0.02 Mil. Its Operating Income was €1.07 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.14 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: May. 2021 )	/	Interest Expense (Q: May. 2021 )
	=	-1	*	1.068	/	-0.021
	=	50.86

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

Immo Genk Zuid (XBRU:GENK) 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 .

Immo Genk Zuid Interest Coverage Related Terms

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