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Societe L'Accumulateur Tunisien Assad (XTUN:ASSAD) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Societe L'Accumulateur Tunisien Assad 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. Societe L'Accumulateur Tunisien Assad's Operating Income for the six months ended in . 20 was TND0.00 Mil. Societe L'Accumulateur Tunisien Assad's Interest Expense for the six months ended in . 20 was TND0.00 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 Societe L'Accumulateur Tunisien Assad's Interest Coverage or its related term are showing as below:


XTUN:ASSAD's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.66
* 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.


Societe L'Accumulateur Tunisien Assad Interest Coverage Historical Data

The historical data trend for Societe L'Accumulateur Tunisien Assad'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.

Societe L'Accumulateur Tunisien Assad Interest Coverage Chart

Societe L'Accumulateur Tunisien Assad Annual Data
Trend
Interest Coverage

Societe L'Accumulateur Tunisien Assad Semi-Annual Data
Interest Coverage

Competitive Comparison of Societe L'Accumulateur Tunisien Assad's Interest Coverage

For the Electrical Equipment & Parts subindustry, Societe L'Accumulateur Tunisien Assad'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.


Societe L'Accumulateur Tunisien Assad's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Societe L'Accumulateur Tunisien Assad's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Societe L'Accumulateur Tunisien Assad's Interest Coverage falls into.


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Societe L'Accumulateur Tunisien Assad 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.

Societe L'Accumulateur Tunisien Assad's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Societe L'Accumulateur Tunisien Assad's Interest Expense was TND0.00 Mil. Its Operating Income was TND0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was TND0.00 Mil.

Societe L'Accumulateur Tunisien Assad had no debt (1).

Societe L'Accumulateur Tunisien Assad's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Societe L'Accumulateur Tunisien Assad's Interest Expense was TND0.00 Mil. Its Operating Income was TND0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was TND0.00 Mil.

Societe L'Accumulateur Tunisien Assad 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.


Societe L'Accumulateur Tunisien Assad  (XTUN:ASSAD) 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 .


Societe L'Accumulateur Tunisien Assad Interest Coverage Related Terms

Thank you for viewing the detailed overview of Societe L'Accumulateur Tunisien Assad's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Societe L'Accumulateur Tunisien Assad Business Description

Traded in Other Exchanges
N/A
Address
Rue de la Fonte, BP N° 7, Ben Arous, TUN
Societe L'Accumulateur Tunisien Assad is engaged in manufacture of lead/acid battery. It offers open lead and MF batteries; and other products, such as plates, chargers, and demineralized water. The company also provides study services, technical tips, and assistance for the creation and development of the batteries production and assembling units. Its production covers a range of applications, including automotive, marine, solar energy, recreation, industry, computing, and telecommunications.

Societe L'Accumulateur Tunisien Assad Headlines

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