GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » IME Life Insurance Co Ltd (XNEP:ILI) » Definitions » Interest Coverage

IME Life Insurance Co (XNEP:ILI) Interest Coverage : 0 (At Loss) (As of . 20)


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

What is IME Life Insurance Co 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. IME Life Insurance Co's EBIT for the six months ended in . 20 was NPR0.00 Mil. IME Life Insurance Co'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 IME Life Insurance Co's Interest Coverage or its related term are showing as below:


XNEP:ILI's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 14.9
* 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.


IME Life Insurance Co Interest Coverage Historical Data

The historical data trend for IME Life Insurance Co'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.

IME Life Insurance Co Interest Coverage Chart

IME Life Insurance Co Annual Data
Trend
Interest Coverage

IME Life Insurance Co Semi-Annual Data
Interest Coverage

Competitive Comparison of IME Life Insurance Co's Interest Coverage

For the Insurance - Life subindustry, IME Life Insurance Co'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.


IME Life Insurance Co's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, IME Life Insurance Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where IME Life Insurance Co's Interest Coverage falls into.


;
;

IME Life Insurance Co 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.

IME Life Insurance Co's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, IME Life Insurance Co's Interest Expense was NPR0.00 Mil. Its EBIT was NPR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was NPR0.00 Mil.

IME Life Insurance Co had no debt (1).

IME Life Insurance Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, IME Life Insurance Co's Interest Expense was NPR0.00 Mil. Its EBIT was NPR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was NPR0.00 Mil.

IME Life Insurance Co 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.


IME Life Insurance Co  (XNEP:ILI) 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 .


IME Life Insurance Co Interest Coverage Related Terms

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


IME Life Insurance Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lainchour-26, 3rd Floor, Hathway Complex, Kathmandu, NPL
IME Life Insurance Co Ltd engages in offering a range of individual and group insurance solutions that meet various customers' needs such as Protection, Savings, and Investment. The firm's business segment comprises of Endowment;. Anticipated Endowment; Endowment Cum Whole Life; Foreign Employment Term; and Other Term.

IME Life Insurance Co Headlines

No Headlines