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PrimeTime Property Holdings (BOT:PRIMETIME) Interest Coverage : 0 (At Loss) (As of . 20)


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What is PrimeTime Property Holdings 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. PrimeTime Property Holdings's Operating Income for the six months ended in . 20 was BWP0.00 Mil. PrimeTime Property Holdings's Interest Expense for the six months ended in . 20 was BWP0.00 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 PrimeTime Property Holdings's Interest Coverage or its related term are showing as below:


BOT:PRIMETIME's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.985
* 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.


PrimeTime Property Holdings Interest Coverage Historical Data

The historical data trend for PrimeTime Property Holdings'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.

PrimeTime Property Holdings Interest Coverage Chart

PrimeTime Property Holdings Annual Data
Trend
Interest Coverage

PrimeTime Property Holdings Semi-Annual Data
Interest Coverage

Competitive Comparison of PrimeTime Property Holdings's Interest Coverage

For the Real Estate Services subindustry, PrimeTime Property Holdings'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.


PrimeTime Property Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PrimeTime Property Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PrimeTime Property Holdings's Interest Coverage falls into.



PrimeTime Property Holdings 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.

PrimeTime Property Holdings's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, PrimeTime Property Holdings's Interest Expense was BWP0.00 Mil. Its Operating Income was BWP0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BWP0.00 Mil.

PrimeTime Property Holdings had no debt (1).

PrimeTime Property Holdings's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, PrimeTime Property Holdings's Interest Expense was BWP0.00 Mil. Its Operating Income was BWP0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was BWP0.00 Mil.

PrimeTime Property Holdings 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.


PrimeTime Property Holdings  (BOT:PRIMETIME) 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 .


PrimeTime Property Holdings Interest Coverage Related Terms

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PrimeTime Property Holdings (BOT:PRIMETIME) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ground Floor, Acacia, Prime Plaza, Plot 74358 CBD, Corner of Khama Crescent Extension and PG Matante, Gaborone, BWA
PrimeTime Property Holdings Ltd is a variable rate loan stock public company that is engaged in buying, developing, letting, managing, and selling properties. It is a preferred property investment vehicle for institutions and private investors and has a diversified portfolio of office, retail, and industrial properties throughout Botswana, Zambia, and more recently in South Africa. Its primary business activities are concentrated in the segment of property rentals and are predominantly concentrated within the geographical regions of Botswana, Zambia, and South Africa.

PrimeTime Property Holdings (BOT:PRIMETIME) Headlines

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