Vanadi Coffee (XMAD:VANA) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Vanadi Coffee 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. Vanadi Coffee's Operating Income for the six months ended in Dec. 2023 was €-2.45 Mil. Vanadi Coffee's Interest Expense for the six months ended in Dec. 2023 was €-0.10 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 Vanadi Coffee's Interest Coverage or its related term are showing as below:

XMAD:VANA's Interest Coverage is not ranked ^*
in the Restaurants industry.
Industry Median: 6.9
* 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.

Vanadi Coffee Interest Coverage Historical Data

The historical data trend for Vanadi Coffee'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.

Vanadi Coffee Interest Coverage Chart

Vanadi Coffee Annual Data

Trend

Dec21

Dec22

Dec23

Interest Coverage

No Debt

Vanadi Coffee Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Coverage	No Debt	-	-

Competitive Comparison of Vanadi Coffee's Interest Coverage

For the Restaurants subindustry, Vanadi Coffee'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.

Vanadi Coffee's Interest Coverage Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Vanadi Coffee's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vanadi Coffee's Interest Coverage falls into.

Save Embed

;

Save Embed

;

Vanadi Coffee 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.

Vanadi Coffee's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Vanadi Coffee's Interest Expense was €-0.10 Mil. Its Operating Income was €-2.45 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.26 Mil.

Vanadi Coffee did not have earnings to cover the interest expense.

Vanadi Coffee's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Vanadi Coffee's Interest Expense was €-0.10 Mil. Its Operating Income was €-2.45 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.26 Mil.

Vanadi Coffee did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Vanadi Coffee (XMAD:VANA) 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 .

Vanadi Coffee Interest Coverage Related Terms

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

Vanadi Coffee Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Vanadi Coffee SA (XMAD:VANA) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Mexico no. 20-5, Alicante, ESP

Website

https://www.vanadi.es

Vanadi Coffee SA is engaged in operations of the bar, restaurant, food delivery service, catering for any type of event and any other service related to the hotel and lodging business. It is a fast good lifestyle brand that offers food and drink that follows the lifestyle of today's customers. It is a a gastronomic offer with the essence of Real Food, attractive presentation and aligned with trends. All this framed in a modern and welcoming space where design and speed of service are its main hallmarks.

Vanadi Coffee Headlines

No Headlines