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Montupet (Montupet) Interest Coverage : 65.00 (As of Jun. 2015)


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What is Montupet 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. Montupet's Operating Income for the six months ended in Jun. 2015 was $41.27 Mil. Montupet's Interest Expense for the six months ended in Jun. 2015 was $-0.64 Mil. Montupet's interest coverage for the quarter that ended in Jun. 2015 was 65.00. The higher the ratio, the stronger the company's financial strength is.

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

MNTPF' s Interest Coverage Range Over the Past 10 Years
Min: 1.35   Med: 6.29   Max: 436.27
Current: 104.94


MNTPF's Interest Coverage is not ranked
in the Vehicles & Parts industry.
Industry Median: 7.75 vs MNTPF: 104.94

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


Montupet Interest Coverage Historical Data

The historical data trend for Montupet'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.

Montupet Interest Coverage Chart

Montupet Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 5.32 9.41 13.86 435.63

Montupet Semi-Annual Data
Dec02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 21.38 9.87 32.34 N/A 65.00

Competitive Comparison of Montupet's Interest Coverage

For the Auto Parts subindustry, Montupet'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.


Montupet's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Montupet's Interest Coverage distribution charts can be found below:

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



Montupet 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.

Montupet's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Montupet's Interest Expense was $-0.16 Mil. Its Operating Income was $71.01 Mil. And its Long-Term Debt & Capital Lease Obligation was $92.56 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2014 )/Interest Expense (A: Dec. 2014 )
=-1*71.007/-0.163
=435.63

Montupet's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Here, for the six months ended in Jun. 2015, Montupet's Interest Expense was $-0.64 Mil. Its Operating Income was $41.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $92.07 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2015 )/Interest Expense (Q: Jun. 2015 )
=-1*41.273/-0.635
=65.00

* 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.


Montupet  (OTCPK:MNTPF) 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 .


Montupet Interest Coverage Related Terms

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


Montupet (Montupet) Business Description

Traded in Other Exchanges
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Address
Montupet is engaged in the design and production of machined castings for the automobile. It offers cylinder heads, cylinder blocks, and induction pipes; and structural, suspension, and braking parts.

Montupet (Montupet) Headlines

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