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Datalab Tehnologije DD (XLJU:DATG) Interest Coverage : 90.92 (As of Jun. 2024)


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What is Datalab Tehnologije DD 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. Datalab Tehnologije DD's Operating Income for the three months ended in Jun. 2024 was €1.09 Mil. Datalab Tehnologije DD's Interest Expense for the three months ended in Jun. 2024 was €-0.01 Mil. Datalab Tehnologije DD's interest coverage for the quarter that ended in Jun. 2024 was 90.92. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Datalab Tehnologije DD's Interest Coverage or its related term are showing as below:

XLJU:DATG' s Interest Coverage Range Over the Past 10 Years
Min: 5.93   Med: 24.14   Max: 38.63
Current: 36.3


XLJU:DATG's Interest Coverage is not ranked
in the Software industry.
Industry Median: 27.99 vs XLJU:DATG: 36.30

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


Datalab Tehnologije DD Interest Coverage Historical Data

The historical data trend for Datalab Tehnologije DD'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.

Datalab Tehnologije DD Interest Coverage Chart

Datalab Tehnologije DD Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.47 29.82 24.14 31.91 36.29

Datalab Tehnologije DD Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 19.94 134.86 27.89 90.92

Competitive Comparison of Datalab Tehnologije DD's Interest Coverage

For the Software - Application subindustry, Datalab Tehnologije DD'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.


Datalab Tehnologije DD's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Datalab Tehnologije DD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Datalab Tehnologije DD's Interest Coverage falls into.


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Datalab Tehnologije DD 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.

Datalab Tehnologije DD's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Datalab Tehnologije DD's Interest Expense was €-0.13 Mil. Its Operating Income was €4.65 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.11 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*4.645/-0.128
=36.29

Datalab Tehnologije DD's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, Datalab Tehnologije DD's Interest Expense was €-0.01 Mil. Its Operating Income was €1.09 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.11 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1.091/-0.012
=90.92

* 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.


Datalab Tehnologije DD  (XLJU:DATG) 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 .


Datalab Tehnologije DD Interest Coverage Related Terms

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


Datalab Tehnologije DD Business Description

Traded in Other Exchanges
N/A
Address
Hajdrihova 28c, Ljubljana, SVN, 1000
Datalab Tehnologije DD is engaged in developing Enterprise Resource Planning (ERP) business information software, consulting, and training in the Slovenian market and other foreign markets. It offers PANTHEON software for small businesses and private individuals. The software works on Android tablets and smartphones.

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