New Body Line (XTUN:NBL) Interest Coverage : 0 (At Loss) (As of . 20)

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What is New Body Line 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. New Body Line's Operating Income for the six months ended in . 20 was TND0.00 Mil. New Body Line'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 New Body Line's Interest Coverage or its related term are showing as below:

XTUN:NBL's Interest Coverage is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.015
* 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.

New Body Line Interest Coverage Historical Data

The historical data trend for New Body Line'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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New Body Line Interest Coverage Chart

New Body Line Annual Data

Trend

Interest Coverage

New Body Line Semi-Annual Data

Interest Coverage

Competitive Comparison of New Body Line's Interest Coverage

For the Apparel Manufacturing subindustry, New Body Line'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.

New Body Line's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, New Body Line's Interest Coverage distribution charts can be found below:

* The bar in red indicates where New Body Line's Interest Coverage falls into.

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New Body Line 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.

New Body Line's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, New Body Line'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.

New Body Line had no debt ⁽¹⁾.

New Body Line's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, New Body Line'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.

New Body Line had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

New Body Line (XTUN:NBL) 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 .

New Body Line Interest Coverage Related Terms

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

New Body Line Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » New Body Line SA (XTUN:NBL) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Avenue Ali Belhouane Ezzahra, Mahdia, Tunis, TUN, 5199

Website

http://newbodyline.com

New Body Line SA is a Tunisia-based company that operates in the Apparel division. It is mainly engaged in the production of Seamless garments such as underwear, shapewear, beachwear, sport, and outwear.