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Linde Bangladesh (DHA:LINDEBD) Interest Coverage : 37.88 (As of Dec. 2024)


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What is Linde Bangladesh 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. Linde Bangladesh's Operating Income for the three months ended in Dec. 2024 was BDT406 Mil. Linde Bangladesh's Interest Expense for the three months ended in Dec. 2024 was BDT-11 Mil. Linde Bangladesh's interest coverage for the quarter that ended in Dec. 2024 was 37.88. The higher the ratio, the stronger the company's financial strength is.

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

DHA:LINDEBD' s Interest Coverage Range Over the Past 10 Years
Min: 7.52   Med: 1381.32   Max: 65855.95
Current: 16.97


DHA:LINDEBD's Interest Coverage is ranked better than
60.37% of 1186 companies
in the Chemicals industry
Industry Median: 9.72 vs DHA:LINDEBD: 16.97

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


Linde Bangladesh Interest Coverage Historical Data

The historical data trend for Linde Bangladesh'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.

Linde Bangladesh Interest Coverage Chart

Linde Bangladesh Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,025.81 1,351.85 836.05 173.85 7.52

Linde Bangladesh Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.85 N/A N/A N/A 37.88

Competitive Comparison of Linde Bangladesh's Interest Coverage

For the Specialty Chemicals subindustry, Linde Bangladesh'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.


Linde Bangladesh's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's Interest Coverage distribution charts can be found below:

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


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Linde Bangladesh 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.

Linde Bangladesh's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Linde Bangladesh's Interest Expense was BDT-1 Mil. Its Operating Income was BDT11 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT23 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*11.211/-1.49
=7.52

Linde Bangladesh's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Linde Bangladesh's Interest Expense was BDT-11 Mil. Its Operating Income was BDT406 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT23 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*406.307/-10.725
=37.88

* 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.


Linde Bangladesh  (DHA:LINDEBD) 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 .


Linde Bangladesh Interest Coverage Related Terms

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


Linde Bangladesh Business Description

Traded in Other Exchanges
N/A
Address
285 Tejgaon Industrial Area, Dhaka, BGD, 1208
Linde Bangladesh Ltd is engaged in providing gas and engineering solutions. The company manufactures and supply of industrial and medical gases, welding products and equipment, and ancillary equipment. The company segments include Bulk gases, Package gases and products (PG&P), and Healthcare. The company generates maximum revenue from the Package gases and products segment through which it manufactures and supplies industrial compressed packaged gases and wielding goods which include compressed industrial oxygen, dissolved acetylene, nitrogen, argon, carbon dioxide and electrodes. Its products include Industrial gases, Hardgoods filler materials and equipment, and medical gases and equipment.

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