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Bonyf NV (XPAR:MLBON) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Bonyf NV 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. Bonyf NV's Operating Income for the six months ended in Dec. 2023 was €-0.04 Mil. Bonyf NV's Interest Expense for the six months ended in Dec. 2023 was €-1.01 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 Bonyf NV's Interest Coverage or its related term are showing as below:


XPAR:MLBON's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 17.335
* 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.


Bonyf NV Interest Coverage Historical Data

The historical data trend for Bonyf NV'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.

Bonyf NV Interest Coverage Chart

Bonyf NV Annual Data
Trend Dec19 Dec20 Dec22 Dec23
Interest Coverage
6.85 - - -

Bonyf NV Semi-Annual Data
Dec19 Dec20 Dec22 Dec23
Interest Coverage 6.85 - - -

Competitive Comparison of Bonyf NV's Interest Coverage

For the Medical Instruments & Supplies subindustry, Bonyf NV'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.


Bonyf NV's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Bonyf NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bonyf NV's Interest Coverage falls into.


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Bonyf NV 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.

Bonyf NV'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, Bonyf NV's Interest Expense was €-1.01 Mil. Its Operating Income was €-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Bonyf NV did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Bonyf NV's Interest Expense was €-1.01 Mil. Its Operating Income was €-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Bonyf NV did not have earnings to cover the interest expense.

* 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.


Bonyf NV  (XPAR:MLBON) 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 .


Bonyf NV Interest Coverage Related Terms

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Bonyf NV Business Description

Traded in Other Exchanges
N/A
Address
Kalvekeetdijk 179, box 105, Knokke-Heist, BEL, 8300
Bonyf NV specializes in developing, producing and selling cutting-edge oral & dental care products. It is a forward-thinking company committed to revolutionizing oral care through innovation and research.

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