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MFG Invest AD-Sofia (XBUL:MFG) Interest Coverage : N/A (As of Dec. 2024)


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What is MFG Invest AD-Sofia 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. MFG Invest AD-Sofia's Operating Income for the three months ended in Dec. 2024 was лв0.00 Mil. MFG Invest AD-Sofia's Interest Expense for the three months ended in Dec. 2024 was лв0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


XBUL:MFG'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.

MFG Invest AD-Sofia Interest Coverage Historical Data

The historical data trend for MFG Invest AD-Sofia'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.

MFG Invest AD-Sofia Interest Coverage Chart

MFG Invest AD-Sofia Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
33.16 1,410.00 4.48

MFG Invest AD-Sofia Quarterly Data
Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage No Debt No Debt N/A N/A N/A

Competitive Comparison of MFG Invest AD-Sofia's Interest Coverage

For the Asset Management subindustry, MFG Invest AD-Sofia'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.

MFG Invest AD-Sofia's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MFG Invest AD-Sofia's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MFG Invest AD-Sofia's Interest Coverage falls into.


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MFG Invest AD-Sofia 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.

MFG Invest AD-Sofia'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, MFG Invest AD-Sofia's Interest Expense was лв-0.04 Mil. Its Operating Income was лв0.19 Mil. And its Long-Term Debt & Capital Lease Obligation was лв2.33 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*0.188/-0.042
=4.48

MFG Invest AD-Sofia's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, MFG Invest AD-Sofia's Interest Expense was лв0.00 Mil. Its Operating Income was лв0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was лв2.33 Mil.

GuruFocus does not calculate MFG Invest AD-Sofia's interest coverage with the available data.

* 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.

MFG Invest AD-Sofia  (XBUL:MFG) 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 .

MFG Invest AD-Sofia Interest Coverage Related Terms

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MFG Invest AD-Sofia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFG Invest AD-Sofia (XBUL:MFG) » Definitions » Interest Coverage
Comparable Companies
Traded in Other Exchanges
N/A
Address
28 Jawaharlal Nehru Boulevard, Silver Centre, Floor 2, Apartment 40-46, Lyulin 7 District, Sofia, BGR
Website
https://www.mfginvest.eu
MFG Invest AD-Sofia is a holding company bringing together companies in the non-banking financial sector. The Group has a portfolio of business models in consumer lending, credit cards, P2P investments, and other alternative financial services. It engages in intermediation and consulting activities, commercial representation, brokerage, acquisition, and management of shareholdings.