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Delta (XZIM:DLTA.ZW) Interest Coverage : 50.27 (As of Mar. 2025)


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What is Delta 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. Delta's Operating Income for the six months ended in Mar. 2025 was ZWG2,367 Mil. Delta's Interest Expense for the six months ended in Mar. 2025 was ZWG-47 Mil. Delta's interest coverage for the quarter that ended in Mar. 2025 was 50.27. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Delta's Interest Coverage or its related term are showing as below:

XZIM:DLTA.ZW' s Interest Coverage Range Over the Past 10 Years
Min: 8.3   Med: 18.1   Max: 45.5
Current: 45.5


XZIM:DLTA.ZW's Interest Coverage is ranked better than
70.19% of 161 companies
in the Beverages - Alcoholic industry
Industry Median: 10.28 vs XZIM:DLTA.ZW: 45.50

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Delta Interest Coverage Historical Data

The historical data trend for Delta'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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Delta Interest Coverage Chart

Delta Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.75 8.30 14.51 42.98 45.50

Delta Semi-Annual Data
Mar11 Mar12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 63.30 33.09 40.32 50.27

Competitive Comparison of Delta's Interest Coverage

For the Beverages - Brewers subindustry, Delta'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.


Delta's Interest Coverage Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Delta's Interest Coverage distribution charts can be found below:

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


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Delta 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.

Delta's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Delta's Interest Expense was ZWG-90 Mil. Its Operating Income was ZWG4,115 Mil. And its Long-Term Debt & Capital Lease Obligation was ZWG113 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*4115.383/-90.448
=45.50

Delta's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Delta's Interest Expense was ZWG-47 Mil. Its Operating Income was ZWG2,367 Mil. And its Long-Term Debt & Capital Lease Obligation was ZWG113 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2366.857/-47.085
=50.27

* 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.


Delta  (XZIM:DLTA.ZW) 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 .


Delta Interest Coverage Related Terms

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


Delta Business Description

Traded in Other Exchanges
N/A
Address
Sable House, Northridge Park, P.O. Box: BW 294, Northridge Close, Borrowdale, Harare, ZWE
Delta Corp Ltd is principally an integrated beverage company. The firm manufactures and distributes beverages in Zimbabwe. The company operates through Lager Beer, Sparkling Beverages, Wines and Spirits, and Sorghum Beer segments. The Lager Beer segment manufactures and distributes lager beer (malt and sorghum-based clear beers). Sparkling Beverages segment trades in carbonated soft drinks and alternative non-alcoholic beverages, Wines and Spirits manufactures and distributes wines and spirits and the Sorghum Beer segment manufactures and sells sorghum-based opaque beer. The company generates the majority of its revenue from the Lager Beer segment.

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