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Decama Capital (XTAE:DCMA) Interest Coverage : 0 (At Loss) (As of Dec. 2022)


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What is Decama Capital 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. Decama Capital's Operating Income for the six months ended in Dec. 2022 was ₪0.39 Mil. Decama Capital's Interest Expense for the six months ended in Dec. 2022 was ₪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 Decama Capital's Interest Coverage or its related term are showing as below:


XTAE:DCMA's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4
* 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.


Decama Capital Interest Coverage Historical Data

The historical data trend for Decama Capital'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.

Decama Capital Interest Coverage Chart

Decama Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial 27.62 82.67 - - -

Decama Capital Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 - - - -

Competitive Comparison of Decama Capital's Interest Coverage

For the Real Estate - Development subindustry, Decama Capital'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.


Decama Capital's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Decama Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Decama Capital's Interest Coverage falls into.



Decama Capital 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.

Decama Capital's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Decama Capital's Interest Expense was ₪-0.04 Mil. Its Operating Income was ₪-3.45 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Decama Capital did not have earnings to cover the interest expense.

Decama Capital's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Decama Capital's Interest Expense was ₪0.01 Mil. Its Operating Income was ₪0.39 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

* 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.


Decama Capital  (XTAE:DCMA) 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 .


Decama Capital Interest Coverage Related Terms

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


Decama Capital (XTAE:DCMA) Business Description

Traded in Other Exchanges
N/A
Address
Yigal Alon Street 65, Draft House, 15th Floor, Tel Aviv, ISR, 67443
Decama Capital Ltd formerly known as Gabay Urban Development Ltd operates as a contracting company in the construction industry providing construction, real estate investment and development both in Israel and abroad. Its project include Hotel, resorts, and residential projects.

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