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Concord Fund-7 South-East Europe (XBUL:CCR7) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Concord Fund-7 South-East Europe 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. Concord Fund-7 South-East Europe's Operating Income for the six months ended in . 20 was лв0.00 Mil. Concord Fund-7 South-East Europe'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 Concord Fund-7 South-East Europe's Interest Coverage or its related term are showing as below:


XBUL:CCR7's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 43.915
* 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.


Concord Fund-7 South-East Europe Interest Coverage Historical Data

The historical data trend for Concord Fund-7 South-East Europe'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.

Concord Fund-7 South-East Europe Interest Coverage Chart

Concord Fund-7 South-East Europe Annual Data
Trend
Interest Coverage

Concord Fund-7 South-East Europe Semi-Annual Data
Interest Coverage

Competitive Comparison of Concord Fund-7 South-East Europe's Interest Coverage

For the Asset Management subindustry, Concord Fund-7 South-East Europe'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.


Concord Fund-7 South-East Europe's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Concord Fund-7 South-East Europe's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Concord Fund-7 South-East Europe's Interest Coverage falls into.


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Concord Fund-7 South-East Europe 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.

Concord Fund-7 South-East Europe's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Concord Fund-7 South-East Europe'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.

Concord Fund-7 South-East Europe had no debt (1).

Concord Fund-7 South-East Europe's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Concord Fund-7 South-East Europe'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.

Concord Fund-7 South-East Europe 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.


Concord Fund-7 South-East Europe  (XBUL:CCR7) 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 .


Concord Fund-7 South-East Europe Interest Coverage Related Terms

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Concord Fund-7 South-East Europe Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
117 Todor Alexandrov Boulevard, Sofia, BGR, 1303
Concord Fund-7 South-East Europe is a national closed-end investment fund. It invests in transferable securities or other liquid financial assets the funds raised through public offerings, on the principle of risk-spreading.

Concord Fund-7 South-East Europe Headlines

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