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Emka Ad (XBUL:EMKA) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Emka 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. Emka Ad's Operating Income for the three months ended in Mar. 2025 was лв2.7 Mil. Emka Ad's Interest Expense for the three months ended in Mar. 2025 was лв0.0 Mil. Emka Ad has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Emka Ad has no debt.

(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 Emka Ad's Interest Coverage or its related term are showing as below:

XBUL:EMKA' s Interest Coverage Range Over the Past 10 Years
Min: 56.13   Med: 331.33   Max: No Debt
Current: 110.8


XBUL:EMKA's Interest Coverage is ranked better than
80.01% of 2281 companies
in the Industrial Products industry
Industry Median: 15.67 vs XBUL:EMKA: 110.80

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


Emka Ad Interest Coverage Historical Data

The historical data trend for Emka 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.

Emka Ad Interest Coverage Chart

Emka Ad 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 4,308.00 418.53 180.67 813.15 No Debt

Emka Ad Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt 15.71 No Debt

Competitive Comparison of Emka Ad's Interest Coverage

For the Electrical Equipment & Parts subindustry, Emka 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.


Emka Ad's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emka Ad's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Emka Ad's Interest Coverage falls into.


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Emka 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.

Emka Ad'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, Emka Ad's Interest Expense was лв0.0 Mil. Its Operating Income was лв10.1 Mil. And its Long-Term Debt & Capital Lease Obligation was лв0.0 Mil.

Emka Ad had no debt (1).

Emka Ad's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Emka Ad's Interest Expense was лв0.0 Mil. Its Operating Income was лв2.7 Mil. And its Long-Term Debt & Capital Lease Obligation was лв0.0 Mil.

Emka 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.


Emka Ad  (XBUL:EMKA) 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 .


Emka Ad Interest Coverage Related Terms

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


Emka Ad Business Description

Traded in Other Exchanges
N/A
Address
Street Bacho Kiro No. 8, Sofia, BGR, 1000
Emka Ad is engaged in the production of wires and cables. The company manufactures non-halogen and polyurethane cables. The product portfolio includes insulated wires, cables, flexible cords, non-insulated wires, winding wires, among others.

Emka Ad Headlines

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