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Kinarus Therapeutics Holding AG (XSWX:KNRS) Interest Coverage : 0 (At Loss) (As of Dec. 2021)


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What is Kinarus Therapeutics Holding AG 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. Kinarus Therapeutics Holding AG's Operating Income for the six months ended in Dec. 2021 was CHF-0.17 Mil. Kinarus Therapeutics Holding AG's Interest Expense for the six months ended in Dec. 2021 was CHF-0.01 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 Kinarus Therapeutics Holding AG's Interest Coverage or its related term are showing as below:


XSWX:KNRS's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.37
* 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.


Kinarus Therapeutics Holding AG Interest Coverage Historical Data

The historical data trend for Kinarus Therapeutics Holding AG'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.

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Kinarus Therapeutics Holding AG Interest Coverage Chart

Kinarus Therapeutics Holding AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
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Kinarus Therapeutics Holding AG Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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Competitive Comparison of Kinarus Therapeutics Holding AG's Interest Coverage

For the Airports & Air Services subindustry, Kinarus Therapeutics Holding AG'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.


Kinarus Therapeutics Holding AG's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kinarus Therapeutics Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kinarus Therapeutics Holding AG's Interest Coverage falls into.



Kinarus Therapeutics Holding AG 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.

Kinarus Therapeutics Holding AG's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Kinarus Therapeutics Holding AG's Interest Expense was CHF-0.01 Mil. Its Operating Income was CHF-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.43 Mil.

Kinarus Therapeutics Holding AG did not have earnings to cover the interest expense.

Kinarus Therapeutics Holding AG's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the six months ended in Dec. 2021, Kinarus Therapeutics Holding AG's Interest Expense was CHF-0.01 Mil. Its Operating Income was CHF-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.43 Mil.

Kinarus Therapeutics Holding AG 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.


Kinarus Therapeutics Holding AG  (XSWX:KNRS) 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 .


Kinarus Therapeutics Holding AG Interest Coverage Related Terms

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


Kinarus Therapeutics Holding AG (XSWX:KNRS) Business Description

Traded in Other Exchanges
N/A
Address
3, Avenue de Florimont, Lausanne, CHE, CH-1006
Perfect Holding SA is a Switzerland-based company that focuses on the acquisition and management of investments in companies, which are active in the aircraft management and related services sector. The company operates in one business segment which includes Charters. The products provided by the company include Aircraft sales, Charter sales, and Aircraft consultancy.

Kinarus Therapeutics Holding AG (XSWX:KNRS) Headlines

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