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EV Digital Invest INH AKT (XTER:ENGL) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is EV Digital Invest INH AKT 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. EV Digital Invest INH AKT's Operating Income for the six months ended in Dec. 2024 was €-2.61 Mil. EV Digital Invest INH AKT's Interest Expense for the six months ended in Dec. 2024 was €0.00 Mil. EV Digital Invest INH AKT has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. EV Digital Invest INH AKT has enough cash to cover all of its debt. Its financial situation is stable.

(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 EV Digital Invest INH AKT's Interest Coverage or its related term are showing as below:


XTER:ENGL's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 69.43
* 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.


EV Digital Invest INH AKT Interest Coverage Historical Data

The historical data trend for EV Digital Invest INH AKT'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.

EV Digital Invest INH AKT Interest Coverage Chart

EV Digital Invest INH AKT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

EV Digital Invest INH AKT Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt N/A No Debt

Competitive Comparison of EV Digital Invest INH AKT's Interest Coverage

For the Credit Services subindustry, EV Digital Invest INH AKT'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.


EV Digital Invest INH AKT's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, EV Digital Invest INH AKT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where EV Digital Invest INH AKT's Interest Coverage falls into.


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EV Digital Invest INH AKT 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.

EV Digital Invest INH AKT's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, EV Digital Invest INH AKT's Interest Expense was €0.00 Mil. Its Operating Income was €-4.81 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

EV Digital Invest INH AKT had no debt (1).

EV Digital Invest INH AKT's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, EV Digital Invest INH AKT's Interest Expense was €0.00 Mil. Its Operating Income was €-2.61 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

EV Digital Invest INH AKT 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.


EV Digital Invest INH AKT  (XTER:ENGL) 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 .


EV Digital Invest INH AKT Interest Coverage Related Terms

Thank you for viewing the detailed overview of EV Digital Invest INH AKT's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


EV Digital Invest INH AKT Business Description

Traded in Other Exchanges
Address
Joachimsthaler Str. 12, Berlin, DEU, 10719
EV Digital Invest INH AKT provides a digital investment platform for real estate and offers private investors the opportunity to participate in selected real estate projects as co-investors.

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