Elmar AD (XMAE:ELMA) Interest Coverage: 0 (At Loss) (As of . 20)


XMAE:ELMA Elmar AD XMAE:ELMA
21 GF Score
Price MKD50.00
! 1 Warning Sign
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What is Elmar AD Interest Coverage?

Elmar AD XMAE:ELMA 21 Interest Coverage is 0 (At Loss) as of . 20. GuruFocus rates XMAE:ELMA with a GF Score™ of 21/100. The stock has 1 warning sign investors should review.

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. Elmar AD's Operating Income for the six months ended in . 20 was MKD0.00 Mil. Elmar AD's Interest Expense for the six months ended in . 20 was MKD0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Elmar AD's Interest Coverage or its related term are showing as below:


XMAE:ELMA's Interest Coverage is not ranked *
in the industry.
Industry Median:
* 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.

Elmar AD  (XMAE:ELMA) 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 .

Elmar AD Interest Coverage Related Terms

Elmar AD Interest Coverage Historical Data

* Premium members only.

The historical data trend for Elmar 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.

Elmar AD Interest Coverage Chart

Elmar AD Annual Data
Trend
Interest Coverage

Elmar AD Semi-Annual Data
Interest Coverage

XMAE:ELMA vs : Interest Coverage Comparison

For the subindustry, Elmar 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.

Elmar AD Interest Coverage vs Industry

For the industry and sector, Elmar AD's Interest Coverage distribution charts can be found below:

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


XMAE:ELMA
21GF Score
Elmar AD XMAE:ELMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Elmar 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.

Elmar AD's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Elmar AD's Interest Expense was MKD0.00 Mil. Its Operating Income was MKD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was MKD0.00 Mil.

Elmar AD had no debt (1).

Elmar AD's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Elmar AD's Interest Expense was MKD0.00 Mil. Its Operating Income was MKD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was MKD0.00 Mil.

Elmar 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Elmar AD (XMAE:ELMA) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Elmar AD and its competitors.
Is Elmar AD's Interest Coverage too high?
Elmar AD's current Interest Coverage is 0 (At Loss). Overall, Elmar AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Elmar AD's Interest Coverage compare to ?
Elmar AD's Interest Coverage is 0 (At Loss). See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a company?
A good Interest Coverage depends on the industry context. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Elmar AD and its competitors. Elmar AD's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmar AD stock overvalued right now?
Elmar AD (XMAE:ELMA) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Elmar AD's overall GF Score™ is 21/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Elmar AD (XMAE:ELMA), the current Interest Coverage is 0 (At Loss) as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elmar AD Business Description

Industry
Comparable Companies
21GF Score

Get the complete analysis for XMAE:ELMA

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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