Kabel Deutschland Holding AG (HAM:KD8) Interest Coverage

: 11.70 (As of Mar. 2021)

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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. Kabel Deutschland Holding AG's Operating Income for the six months ended in Mar. 2021 was €855 Mil. Kabel Deutschland Holding AG's Interest Expense for the six months ended in Mar. 2021 was €-73 Mil. Kabel Deutschland Holding AG's interest coverage for the quarter that ended in Mar. 2021 was 11.70. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Kabel Deutschland Holding AG's Interest Coverage or its related term are showing as below:

HAM:KD8's Interest Coverage is not ranked ^*
in the Media - Diversified industry.
Industry Median: 11.94
* 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.

Kabel Deutschland Holding AG Interest Coverage Historical Data

The historical data trend for Kabel Deutschland Holding AG'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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Kabel Deutschland Holding AG Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Interest Coverage

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5.71

12.07

9.06

8.40

11.70

Kabel Deutschland Holding AG Semi-Annual Data
	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21
Interest Coverage	Get a 7-Day Free Trial													5.71	12.07	9.06	8.40	11.70

Competitive Comparison

For the Entertainment subindustry, Kabel Deutschland Holding AG'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.

Kabel Deutschland Holding AG Interest Coverage Distribution

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kabel Deutschland Holding AG's Interest Coverage falls into.

Kabel Deutschland Holding AG 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.

Kabel Deutschland Holding AG's Interest Coverage for the fiscal year that ended in Mar. 2021 is calculated as

Here, for the fiscal year that ended in Mar. 2021, Kabel Deutschland Holding AG's Interest Expense was €-73 Mil. Its Operating Income was €855 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,589 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2021 )	/	Interest Expense (A: Mar. 2021 )
	=	-1	*	854.976	/	-73.101
	=	11.70

Kabel Deutschland Holding AG's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Here, for the six months ended in Mar. 2021, Kabel Deutschland Holding AG's Interest Expense was €-73 Mil. Its Operating Income was €855 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,589 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2021 )	/	Interest Expense (Q: Mar. 2021 )
	=	-1	*	854.976	/	-73.101
	=	11.70

The higher the ratio, the stronger the company's Financial Strength is.

Kabel Deutschland Holding AG (HAM:KD8) 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 .

Kabel Deutschland Holding AG Interest Coverage Related Terms

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Kabel Deutschland Holding AG (HAM:KD8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kabel Deutschland Holding AG (HAM:KD8) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Betastrasse 6 - 8, Unterfoehring, DEU, 85774

Website

http://www.kabeldeutschland.com

Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland Holding AG (HAM:KD8) Headlines

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