Millenium Food-Tech-Ltd Partnership (XTAE:MIFT) Interest Coverage: 0 (At Loss) (As of . 20)

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XTAE:MIFT Millenium Food-Tech-Ltd Partnership XTAE:MIFT
8 GF Score
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! 2 Warning Signs
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What is Millenium Food-Tech-Ltd Partnership Interest Coverage?

Millenium Food-Tech-Ltd Partnership XTAE:MIFT +0.57% 8 Interest Coverage is 0 (At Loss) as of . 20. GuruFocus rates XTAE:MIFT with a GF Score™ of 8/100. The stock has 2 warning signs investors should review. Among 484 Asset Management companies, Millenium Food-Tech-Ltd Partnership ranks worse than 206611.36% 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. Millenium Food-Tech-Ltd Partnership's Operating Income for the six months ended in . 20 was ₪0.00 Mil. Millenium Food-Tech-Ltd Partnership'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 Millenium Food-Tech-Ltd Partnership's Interest Coverage or its related term are showing as below:


XTAE:MIFT's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 45.62
* 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.

Millenium Food-Tech-Ltd Partnership  (XTAE:MIFT) 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 .

Millenium Food-Tech-Ltd Partnership Interest Coverage Related Terms

Millenium Food-Tech-Ltd Partnership Interest Coverage Historical Data

* Premium members only.

The historical data trend for Millenium Food-Tech-Ltd Partnership'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.

Millenium Food-Tech-Ltd Partnership Interest Coverage Chart

Millenium Food-Tech-Ltd Partnership Annual Data
Trend
Interest Coverage

Millenium Food-Tech-Ltd Partnership Semi-Annual Data
Interest Coverage

XTAE:MIFT vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Millenium Food-Tech-Ltd Partnership'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.

Millenium Food-Tech-Ltd Partnership Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Millenium Food-Tech-Ltd Partnership's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Millenium Food-Tech-Ltd Partnership's Interest Coverage falls into.


XTAE:MIFT
8GF Score
Millenium Food-Tech-Ltd Partnership XTAE:MIFT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Millenium Food-Tech-Ltd Partnership 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.

Millenium Food-Tech-Ltd Partnership's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Millenium Food-Tech-Ltd Partnership'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.

Millenium Food-Tech-Ltd Partnership had no debt (1).

Millenium Food-Tech-Ltd Partnership's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Millenium Food-Tech-Ltd Partnership'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.

Millenium Food-Tech-Ltd Partnership 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Millenium Food-Tech-Ltd Partnership (XTAE:MIFT) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Millenium Food-Tech-Ltd Partnership and its competitors. According to the industry distribution chart, Millenium Food-Tech-Ltd Partnership ranks #999999 out of 484 companies in the Asset Management industry.
Is Millenium Food-Tech-Ltd Partnership's Interest Coverage too high?
Millenium Food-Tech-Ltd Partnership's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Millenium Food-Tech-Ltd Partnership ranks #999999 out of 484 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Millenium Food-Tech-Ltd Partnership has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Millenium Food-Tech-Ltd Partnership's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Millenium Food-Tech-Ltd Partnership ranks #999999 out of 484 companies for Interest Coverage. This places Millenium Food-Tech-Ltd Partnership in the lower half of its industry. The industry median Interest Coverage is 45.62. 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 45.62, based on 484 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 Millenium Food-Tech-Ltd Partnership and its competitors. For the Asset Management industry, the median Interest Coverage is 45.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenium Food-Tech-Ltd Partnership's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenium Food-Tech-Ltd Partnership stock overvalued right now?
Millenium Food-Tech-Ltd Partnership (XTAE:MIFT) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Millenium Food-Tech-Ltd Partnership's overall GF Score™ is 8/100 with 2 warning signs to review. 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 Millenium Food-Tech-Ltd Partnership (XTAE:MIFT), the current Interest Coverage is 0 (At Loss) as of . 20. 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.

Millenium Food-Tech-Ltd Partnership Business Description

Address 10 Alexander Zarhin Street, P.O. 4318, Ra'anana, ISR
Millenium Food-Tech-Ltd Partnership is engaged in investment and development activities in the food-tech sector, focusing on food, beverages, and related technologies, including food substitutes.
8GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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