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Lapidoth Capital (XTAE:LAPD) Interest Coverage : 4.30 (As of Mar. 2025)


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What is Lapidoth 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. Lapidoth Capital's Operating Income for the three months ended in Mar. 2025 was ₪103 Mil. Lapidoth Capital's Interest Expense for the three months ended in Mar. 2025 was ₪-24 Mil. Lapidoth Capital's interest coverage for the quarter that ended in Mar. 2025 was 4.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lapidoth Capital's Interest Coverage or its related term are showing as below:

XTAE:LAPD' s Interest Coverage Range Over the Past 10 Years
Min: 1.1   Med: 4.5   Max: 11.56
Current: 4.44


XTAE:LAPD's Interest Coverage is ranked worse than
62.67% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs XTAE:LAPD: 4.44

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


Lapidoth Capital Interest Coverage Historical Data

The historical data trend for Lapidoth 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.

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Lapidoth Capital Interest Coverage Chart

Lapidoth Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 4.30 4.29 6.59 5.69

Lapidoth Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.16 3.72 4.03 6.38 4.30

Competitive Comparison of Lapidoth Capital's Interest Coverage

For the Engineering & Construction subindustry, Lapidoth 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.


Lapidoth Capital's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lapidoth Capital's Interest Coverage distribution charts can be found below:

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


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Lapidoth 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.

Lapidoth Capital'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, Lapidoth Capital's Interest Expense was ₪-71 Mil. Its Operating Income was ₪406 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪991 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*406.275/-71.36
=5.69

Lapidoth Capital's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Lapidoth Capital's Interest Expense was ₪-24 Mil. Its Operating Income was ₪103 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪660 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*102.764/-23.926
=4.30

* 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.


Lapidoth Capital  (XTAE:LAPD) 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 .


Lapidoth Capital Interest Coverage Related Terms

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


Lapidoth Capital Business Description

Traded in Other Exchanges
N/A
Address
19 Brodetsky Street, P.O.B. 17106, Tel Aviv, ISR, 69051
Lapidoth Capital Ltd through its subsidiaries is engaged in various fields, including contracting and entrepreneurial activity in Israel and abroad in the fields of construction and infrastructure, import and marketing of mobile phones and related accessories, international trade, investments in securities, oil and gas exploration and production, and water drilling. . The company generates majority of its revenue from construction and infrastructure contracting through its subsidiary Danya Cebus which has taken part in dozens of public construction, offices, commerce and industry projects for public entities and private entrepreneurs. It also includes infrastructure projects, including paving roads, building railway infrastructure, bridges, and related infrastructure development.

Lapidoth Capital Headlines

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