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Azarab Industries (XTEH:AZAB1) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Azarab Industries 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. Azarab Industries's Operating Income for the six months ended in . 20 was IRR0.00 Mil. Azarab Industries's Interest Expense for the six months ended in . 20 was IRR0.00 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 Azarab Industries's Interest Coverage or its related term are showing as below:


XTEH:AZAB1's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.37
* 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.


Azarab Industries Interest Coverage Historical Data

The historical data trend for Azarab Industries'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.

Azarab Industries Interest Coverage Chart

Azarab Industries Annual Data
Trend
Interest Coverage

Azarab Industries Semi-Annual Data
Interest Coverage

Competitive Comparison of Azarab Industries's Interest Coverage

For the Specialty Industrial Machinery subindustry, Azarab Industries'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.


Azarab Industries's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Azarab Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Azarab Industries's Interest Coverage falls into.



Azarab Industries 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.

Azarab Industries's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Azarab Industries's Interest Expense was IRR0.00 Mil. Its Operating Income was IRR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was IRR0.00 Mil.

Azarab Industries had no debt (1).

Azarab Industries's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Azarab Industries's Interest Expense was IRR0.00 Mil. Its Operating Income was IRR0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was IRR0.00 Mil.

Azarab Industries 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.


Azarab Industries  (XTEH:AZAB1) 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 .


Azarab Industries Interest Coverage Related Terms

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Azarab Industries Business Description

Traded in Other Exchanges
N/A
Address
Molla Sadra Street, Vanak Square, Tehran, IRN
Azarab Industries along with its subsidiaries is engaged in designing and manufacturing the advanced industrial product. Its product offerings include boilers, turbines and equipment, thermal power plants, cement mills, hydroelectric power plants, tanks and converters.

Azarab Industries Headlines

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