GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Emerging Nepal Ltd (XNEP:ENL) » Definitions » Interest Coverage

Emerging Nepal (XNEP:ENL) Interest Coverage : 0 (At Loss) (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is Emerging Nepal 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. Emerging Nepal's Operating Income for the six months ended in . 20 was NPR0.00 Mil. Emerging Nepal's Interest Expense for the six months ended in . 20 was NPR0.00 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 Emerging Nepal's Interest Coverage or its related term are showing as below:


XNEP:ENL'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.


Emerging Nepal Interest Coverage Historical Data

The historical data trend for Emerging Nepal'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.

Emerging Nepal Interest Coverage Chart

Emerging Nepal Annual Data
Trend
Interest Coverage

Emerging Nepal Semi-Annual Data
Interest Coverage

Competitive Comparison of Emerging Nepal's Interest Coverage

For the Asset Management subindustry, Emerging Nepal'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.


Emerging Nepal's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Emerging Nepal's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Emerging Nepal's Interest Coverage falls into.


;
;

Emerging Nepal 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.

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

Here, for the fiscal year that ended in . 20, Emerging Nepal's Interest Expense was NPR0.00 Mil. Its Operating Income was NPR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was NPR0.00 Mil.

Emerging Nepal had no debt (1).

Emerging Nepal's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Emerging Nepal's Interest Expense was NPR0.00 Mil. Its Operating Income was NPR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was NPR0.00 Mil.

Emerging Nepal 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.


Emerging Nepal  (XNEP:ENL) 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 .


Emerging Nepal Interest Coverage Related Terms

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


Emerging Nepal Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
New Baneshwor, Krishna Tower, 2nd Floor, Kathmandu, NPL
Emerging Nepal Ltd is a Public-Private Equity platform dedicated to creating opportunities for all. The company's objective is to make investments in different sectors. It aims to enable the private and public sectors to work together to expedite the development of economic and social infrastructures and generate socio-economic solutions, by providing institutional, financial, and technical facilitation services to all potential investors to achieve higher economic growth and quality job creation.

Emerging Nepal Headlines

No Headlines