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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Interest Coverage : N/A (As of Feb. 2025)


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What is Econet Wireless Zimbabwe 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. Econet Wireless Zimbabwe's Operating Income for the six months ended in Feb. 2025 was ZWG0 Mil. Econet Wireless Zimbabwe's Interest Expense for the six months ended in Feb. 2025 was ZWG0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

XZIM:ECO.ZW' s Interest Coverage Range Over the Past 10 Years
Min: 5.16   Med: 29.45   Max: 41.6
Current: 29.6


XZIM:ECO.ZW's Interest Coverage is ranked better than
84.69% of 294 companies
in the Telecommunication Services industry
Industry Median: 4.755 vs XZIM:ECO.ZW: 29.60

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


Econet Wireless Zimbabwe Interest Coverage Historical Data

The historical data trend for Econet Wireless Zimbabwe'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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Econet Wireless Zimbabwe Interest Coverage Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.78 41.03 18.55 29.60 29.45

Econet Wireless Zimbabwe Semi-Annual Data
Feb09 Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Feb25
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 27.88 18.13 20.13 - N/A

Competitive Comparison of Econet Wireless Zimbabwe's Interest Coverage

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.


Econet Wireless Zimbabwe's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Interest Coverage falls into.


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Econet Wireless Zimbabwe 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.

Econet Wireless Zimbabwe's Interest Coverage for the fiscal year that ended in Feb. 2025 is calculated as

Here, for the fiscal year that ended in Feb. 2025, Econet Wireless Zimbabwe's Interest Expense was ZWG-29 Mil. Its Operating Income was ZWG854 Mil. And its Long-Term Debt & Capital Lease Obligation was ZWG55 Mil.

Interest Coverage=-1* Operating Income (A: Feb. 2025 )/Interest Expense (A: Feb. 2025 )
=-1*853.713/-28.991
=29.45

Econet Wireless Zimbabwe's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the six months ended in Feb. 2025, Econet Wireless Zimbabwe's Interest Expense was ZWG0 Mil. Its Operating Income was ZWG0 Mil. And its Long-Term Debt & Capital Lease Obligation was ZWG55 Mil.

GuruFocus does not calculate Econet Wireless Zimbabwe's interest coverage with the available data.

* 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.


Econet Wireless Zimbabwe  (XZIM:ECO.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 .


Econet Wireless Zimbabwe Interest Coverage Related Terms

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


Econet Wireless Zimbabwe Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. Through its subsidiaries, the company is engaged in providing mobile telecommunications and related overlay services. It operates in the following segments: Mobile network operations (MNO) which provides cellular network services, and Investments and administration which is the investment vehicle. The Mobile network operations segment generates maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

Econet Wireless Zimbabwe Headlines

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