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Aberdeen Asset Management (Aberdeen Asset Management) Interest Coverage : 138.45 (As of Mar. 2017)


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What is Aberdeen Asset Management 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. Aberdeen Asset Management's Operating Income for the six months ended in Mar. 2017 was $137 Mil. Aberdeen Asset Management's Interest Expense for the six months ended in Mar. 2017 was $-1 Mil. Aberdeen Asset Management's interest coverage for the quarter that ended in Mar. 2017 was 138.45. The higher the ratio, the stronger the company's financial strength is.

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


ABDNF's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 40.02
* 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.


Aberdeen Asset Management Interest Coverage Historical Data

The historical data trend for Aberdeen Asset Management'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.

Aberdeen Asset Management Interest Coverage Chart

Aberdeen Asset Management Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.04 146.95 91.77 114.78 55.66

Aberdeen Asset Management Semi-Annual Data
Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17
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 111.18 118.85 54.70 56.52 138.45

Competitive Comparison of Aberdeen Asset Management's Interest Coverage

For the Asset Management subindustry, Aberdeen Asset Management'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.


Aberdeen Asset Management's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Asset Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Aberdeen Asset Management's Interest Coverage falls into.



Aberdeen Asset Management 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.

Aberdeen Asset Management's Interest Coverage for the fiscal year that ended in Sep. 2016 is calculated as

Here, for the fiscal year that ended in Sep. 2016, Aberdeen Asset Management's Interest Expense was $-5 Mil. Its Operating Income was $263 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2016 )/Interest Expense (A: Sep. 2016 )
=-1*263.338/-4.731
=55.66

Aberdeen Asset Management's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Here, for the six months ended in Mar. 2017, Aberdeen Asset Management's Interest Expense was $-1 Mil. Its Operating Income was $137 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2017 )/Interest Expense (Q: Mar. 2017 )
=-1*136.79/-0.988
=138.45

* 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.


Aberdeen Asset Management  (OTCPK:ABDNF) 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 .


Aberdeen Asset Management Interest Coverage Related Terms

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Aberdeen Asset Management (Aberdeen Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
Aberdeen Asset Management PLC was incorporated in United Kingdom on March 02, 1983. The Company provides asset management services. The Group is managed as a single asset management business, with multiple investment strategies of equities, fixed income and property, complemented by solutions business which provides multi asset and fund of alternatives services. It operates in Asia and Australia, Europe and America. The Company's clients include national and corporate pension funds, central banks and other investment institutions.

Aberdeen Asset Management (Aberdeen Asset Management) Headlines

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