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Almeda Ventures LP (XTAE:AMDA) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Almeda Ventures LP 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. Almeda Ventures LP's Operating Income for the six months ended in . 20 was ₪0.00 Mil. Almeda Ventures LP's Interest Expense for the six months ended in . 20 was ₪0.00 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 Almeda Ventures LP's Interest Coverage or its related term are showing as below:


XTAE:AMDA's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.09
* 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.


Almeda Ventures LP Interest Coverage Historical Data

The historical data trend for Almeda Ventures LP'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.

Almeda Ventures LP Interest Coverage Chart

Almeda Ventures LP Annual Data
Trend
Interest Coverage

Almeda Ventures LP Semi-Annual Data
Interest Coverage

Competitive Comparison of Almeda Ventures LP's Interest Coverage

For the Health Information Services subindustry, Almeda Ventures LP'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.


Almeda Ventures LP's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Almeda Ventures LP's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Almeda Ventures LP's Interest Coverage falls into.


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Almeda Ventures LP 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.

Almeda Ventures LP's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Almeda Ventures LP's Interest Expense was ₪0.00 Mil. Its Operating Income was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Almeda Ventures LP had no debt (1).

Almeda Ventures LP's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Almeda Ventures LP's Interest Expense was ₪0.00 Mil. Its Operating Income was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Almeda Ventures LP 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.


Almeda Ventures LP  (XTAE:AMDA) 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 .


Almeda Ventures LP Interest Coverage Related Terms

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Almeda Ventures LP Business Description

Traded in Other Exchanges
N/A
Address
141 Menachem Begin Street, Azrieli Center, Triangle Tower, 45th Floor, Tel Aviv, ISR, 67023
Almeda Ventures LP is a life science research and development company. The company invests in Medical devices and Digital health businesses. Its portfolio includes BioProtect which developed a proprietary technology platform for biodegradable balloons. The technology suits a range of clinical applications including spacing for radiation oncology protection, and general surgery. TailorMed technology improves the financial performance of healthcare providers and reduces financial hardship for patients.

Almeda Ventures LP Headlines

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