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Zavarovalnica Triglav DD (XLJU:ZVTG) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Zavarovalnica Triglav 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 EBIT by its Interest Expense. Zavarovalnica Triglav DD's EBIT for the six months ended in Dec. 2024 was €0 Mil. Zavarovalnica Triglav DD's Interest Expense for the six months ended in Dec. 2024 was €-33 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


XLJU:ZVTG's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 13.81
* 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.


Zavarovalnica Triglav DD Interest Coverage Historical Data

The historical data trend for Zavarovalnica Triglav 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.

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Zavarovalnica Triglav DD Interest Coverage Chart

Zavarovalnica Triglav DD 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 32.74 50.55 51.11 23.34 28.15

Zavarovalnica Triglav DD Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - -

Competitive Comparison of Zavarovalnica Triglav DD's Interest Coverage

For the Insurance - Diversified subindustry, Zavarovalnica Triglav 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.


Zavarovalnica Triglav DD's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zavarovalnica Triglav DD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zavarovalnica Triglav DD's Interest Coverage falls into.


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Zavarovalnica Triglav 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Zavarovalnica Triglav DD'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, Zavarovalnica Triglav DD's Interest Expense was €-5 Mil. Its EBIT was €148 Mil. And its Long-Term Debt & Capital Lease Obligation was €163 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*148.159/-5.264
=28.15

Zavarovalnica Triglav DD's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Zavarovalnica Triglav DD's Interest Expense was €-33 Mil. Its EBIT was €0 Mil. And its Long-Term Debt & Capital Lease Obligation was €163 Mil.

* 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.


Zavarovalnica Triglav DD  (XLJU:ZVTG) 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 .


Zavarovalnica Triglav DD Interest Coverage Related Terms

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


Zavarovalnica Triglav DD Business Description

Traded in Other Exchanges
Address
Miklosiceva Street 19, Ljubljana, SVN, 1000
Zavarovalnica Triglav DD is an insurance-financial group in Slovenia. It is a composite insurance company that conducts life and non-life insurance business. The company also provides pension insurance and other ancillary services concerning insurance products and pension funds in the framework of life insurance. Its insurance products and service offerings include property, life, health, accident, and other insurances. Along with its subsidiaries, the company operates in the following business segments: Non-Life Insurance, which derives maximum revenue, Life Insurance, Health Insurance, and Asset Management. Geographically, it generates maximum revenue from Slovenia, and also has a presence in other european regions such as Serbia, Croatia, Montenegro, Germany, Poland, Greece, etc.

Zavarovalnica Triglav DD Headlines

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