Parx Materials NVXPAR:MLPRX 23 Interest Coverage is No Debt (1) as of Dec. 2024, which is 100% below its 10-year median of 10,000.00. GuruFocus rates XPAR:MLPRX with a GF Score™ of 23/100. Among 1,234 Chemicals companies, Parx Materials NV ranks better than 99.43% on this metric.
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. Parx Materials NV's
Operating Income
for the
six
months ended in Dec. 2024 was €-0.19 Mil. Parx Materials NV's Interest Expense for the
six
months ended in Dec. 2024 was €0.00 Mil.
Parx Materials NV has no debt.
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. Parx Materials NV has enough cash to cover all of its debt. Its financial situation is stable.
(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 Parx Materials NV's Interest Coverage or its related term are showing as below:
XPAR:MLPRX'
s Interest Coverage Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
XPAR:MLPRX's Interest Coverage is ranked better than 99.43% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs XPAR:MLPRX: No Debt
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 .
Parx Materials NV Interest Coverage Related Terms
Parx Materials NV Interest Coverage Historical Data
* Premium members only.
The historical data trend for Parx Materials 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.
XPAR:MLPRX vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Parx Materials 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.
Parx Materials NV Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Parx Materials NV's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Parx Materials NV's Interest Coverage falls into.
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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Parx Materials NV (XPAR:MLPRX) has a Interest Coverage of No Debt (1) as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Parx Materials NV and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Parx Materials NV's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Parx Materials NV ranks #7 out of 1234 companies in the Chemicals industry, placing it in the top 0.59999999999999%.
Is Parx Materials NV's Interest Coverage too high?
Parx Materials NV's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Parx Materials NV ranks #7 out of 1234 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Parx Materials NV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Parx Materials NV's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Parx Materials NV ranks #7 out of 1234 companies for Interest Coverage. This places Parx Materials NV in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.18. Historically, Parx Materials NV's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. 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 Parx Materials NV and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parx Materials NV's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parx Materials NV stock overvalued right now?
Parx Materials NV (XPAR:MLPRX) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Parx Materials NV's overall GF Score™ is 23/100. 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 Parx Materials NV (XPAR:MLPRX), the current Interest Coverage is No Debt (1) as of Dec. 2024. 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.
Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.
23GF Score
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