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Media Lab SpA (XPAR:MLLAB) Interest Coverage : 54.00 (As of Dec. 2023)


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What is Media Lab SpA 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. Media Lab SpA's Operating Income for the six months ended in Dec. 2023 was €0.16 Mil. Media Lab SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.00 Mil. Media Lab SpA's interest coverage for the quarter that ended in Dec. 2023 was 54.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Media Lab SpA has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Media Lab SpA's Interest Coverage or its related term are showing as below:

XPAR:MLLAB' s Interest Coverage Range Over the Past 10 Years
Min: 3.11   Med: 49   Max: 88.67
Current: 54


XPAR:MLLAB's Interest Coverage is ranked better than
79.48% of 424 companies
in the Healthcare Providers & Services industry
Industry Median: 8 vs XPAR:MLLAB: 54.00

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Media Lab SpA Interest Coverage Historical Data

The historical data trend for Media Lab SpA'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.

Media Lab SpA Interest Coverage Chart

Media Lab SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 49.00 88.67 56.00 63.50 54.00

Media Lab SpA Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only 49.00 88.67 56.00 63.50 54.00

Competitive Comparison of Media Lab SpA's Interest Coverage

For the Health Information Services subindustry, Media Lab SpA'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.


Media Lab SpA's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Media Lab SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Media Lab SpA's Interest Coverage falls into.


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Media Lab SpA 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.

Media Lab SpA'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, Media Lab SpA's Interest Expense was €-0.00 Mil. Its Operating Income was €0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.05 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*0.162/-0.003
=54.00

Media Lab SpA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Media Lab SpA's Interest Expense was €-0.00 Mil. Its Operating Income was €0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.05 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.162/-0.003
=54.00

* 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.


Media Lab SpA  (XPAR:MLLAB) 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 .


Media Lab SpA Interest Coverage Related Terms

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


Media Lab SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Trieste, 4, Follo, ITA, 19020
Media Lab SpA provides IT services for the dental sector. It is engaged in the development of software dedicated to the dental market. The company's products include Implant 3D, Guidedesign, Confident among others.

Media Lab SpA Headlines

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