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ImPulse Growth AD (XBUL:IMP) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is ImPulse Growth 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. ImPulse Growth AD's Operating Income for the six months ended in Dec. 2024 was лв0.10 Mil. ImPulse Growth AD's Interest Expense for the six months ended in Dec. 2024 was лв0.00 Mil. ImPulse Growth AD has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

ImPulse Growth 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 ImPulse Growth AD's Interest Coverage or its related term are showing as below:

XBUL:IMP' s Interest Coverage Range Over the Past 10 Years
Min: 64.33   Med: 1209   Max: No Debt
Current: No Debt


XBUL:IMP's Interest Coverage is ranked better than
99.13% of 458 companies
in the Capital Markets industry
Industry Median: 19.755 vs XBUL:IMP: No Debt

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


ImPulse Growth AD Interest Coverage Historical Data

The historical data trend for ImPulse Growth 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.

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ImPulse Growth AD Interest Coverage Chart

ImPulse Growth AD Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
64.33 - No Debt 1,209.00

ImPulse Growth AD Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of ImPulse Growth AD's Interest Coverage

For the Capital Markets subindustry, ImPulse Growth 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.


ImPulse Growth AD's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ImPulse Growth AD's Interest Coverage distribution charts can be found below:

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


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ImPulse Growth 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.

ImPulse Growth 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, ImPulse Growth AD's Interest Expense was лв-0.00 Mil. Its Operating Income was лв1.21 Mil. And its Long-Term Debt & Capital Lease Obligation was лв0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1.209/-0.001
=1,209.00

ImPulse Growth AD's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, ImPulse Growth AD's Interest Expense was лв0.00 Mil. Its Operating Income was лв0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was лв0.00 Mil.

ImPulse Growth 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.


ImPulse Growth AD  (XBUL:IMP) 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 .


ImPulse Growth AD Interest Coverage Related Terms

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


ImPulse Growth AD Business Description

Traded in Other Exchanges
N/A
Address
Patriarch Evtimiy Boulevard No.10, apartment 6, Sofia, BGR
ImPulse Growth AD is a Bulgarian-based company. Its activity consists of business and investment activities, including those related to the acquisition, management and disposal of shares in growing companies, including indirect participation in the capital of such companies through the acquisition of shares in companies, and managing equity portfolios.

ImPulse Growth AD Headlines

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