GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Biodit AD (XBUL:BDT) » Definitions » Interest Coverage

Biodit AD (XBUL:BDT) Interest Coverage : 0 (At Loss) (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is Biodit AD 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. Biodit AD's Operating Income for the six months ended in . 20 was лв0.00 Mil. Biodit AD's Interest Expense for the six months ended in . 20 was лв0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


XBUL:BDT's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.33
* 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.


Biodit AD Interest Coverage Historical Data

The historical data trend for Biodit AD'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.

Biodit AD Interest Coverage Chart

Biodit AD Annual Data
Trend
Interest Coverage

Biodit AD Semi-Annual Data
Interest Coverage

Competitive Comparison of Biodit AD's Interest Coverage

For the Security & Protection Services subindustry, Biodit AD'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.


Biodit AD's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Biodit AD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Biodit AD's Interest Coverage falls into.


;
;

Biodit AD 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.

Biodit AD's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Biodit AD's Interest Expense was лв0.00 Mil. Its Operating Income was лв0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was лв0.00 Mil.

Biodit AD had no debt (1).

Biodit AD's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Biodit AD's Interest Expense was лв0.00 Mil. Its Operating Income was лв0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was лв0.00 Mil.

Biodit AD had no debt (1).

* 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.


Biodit AD  (XBUL:BDT) 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 .


Biodit AD Interest Coverage Related Terms

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


Biodit AD Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
125 Kliment Ohridski Boulevard, Sofia, BGR, 1756
Biodit AD is engaged in development and production of biometric systems for access control, security, and working hours. Its systems consist of devices that combine the latest technologies for fingerprints. The product offerings of the company include Olock Wbls, Inside Wbls, and Gateway among others.

Biodit AD Headlines

No Headlines