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Prelios SpA Interest Coverage

: 12.77 (As of Dec. 2017)
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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. Prelios SpA's Operating Income for the three months ended in Dec. 2017 was $4.93 Mil. Prelios SpA's Interest Expense for the three months ended in Dec. 2017 was $-0.39 Mil. Prelios SpA's interest coverage for the quarter that ended in Dec. 2017 was 12.77. The higher the ratio, the stronger the company's financial strength is.

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


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


Prelios SpA Interest Coverage Historical Data

The historical data trend for Prelios SpA'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.

* Premium members only.

Prelios SpA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 3.89

Prelios SpA Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only - 5.82 0.98 - 12.77

Competitive Comparison

For the Real Estate Services subindustry, Prelios SpA'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.

   

Prelios SpA Interest Coverage Distribution

For the Real Estate industry and Real Estate sector, Prelios SpA's Interest Coverage distribution charts can be found below:

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



Prelios SpA 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.


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

Prelios SpA's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Prelios SpA's Interest Expense was $-2.12 Mil. Its Operating Income was $8.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $22.87 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2017 )/Interest Expense (A: Dec. 2017 )
=-1*8.2485207100592/-2.1195266272189
=3.89

Prelios SpA's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the three months ended in Dec. 2017, Prelios SpA's Interest Expense was $-0.39 Mil. Its Operating Income was $4.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $22.87 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2017 )/Interest Expense (Q: Dec. 2017 )
=-1*4.9278106508876/-0.38579881656805
=12.77

* 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.


Prelios SpA  (GREY:PLLRF) 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 .


Prelios SpA Interest Coverage Related Terms

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


Prelios SpA Business Description

Prelios SpA logo
Traded in Other Exchanges
N/A
Address
Via Valtellina, 15/17, Milan, ITA, 20159
Prelios is an European asset management company providing real estate and financial services. The company operates in Italy, Germany and Poland. Its services include Real estate fund management, Integrated property management services, Real estate agency, Valuations and Performing and non-performing loans management.

Prelios SpA Headlines

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