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Radpol (WAR:RDL) Interest Coverage : 12.81 (As of Sep. 2021)


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What is Radpol 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. Radpol's Operating Income for the three months ended in Sep. 2021 was zł6.4 Mil. Radpol's Interest Expense for the three months ended in Sep. 2021 was zł-0.5 Mil. Radpol's interest coverage for the quarter that ended in Sep. 2021 was 12.81. The higher the ratio, the stronger the company's financial strength is.

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


WAR:RDL's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 13.79
* 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.


Radpol Interest Coverage Historical Data

The historical data trend for Radpol'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.

Radpol Interest Coverage Chart

Radpol Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.32 3.33 6.18 15.40

Radpol Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 12.88 - 3.10 42.08 12.81

Competitive Comparison of Radpol's Interest Coverage

For the Electrical Equipment & Parts subindustry, Radpol'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.


Radpol's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Radpol's Interest Coverage distribution charts can be found below:

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



Radpol 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.

Radpol's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Radpol's Interest Expense was zł-0.8 Mil. Its Operating Income was zł12.0 Mil. And its Long-Term Debt & Capital Lease Obligation was zł26.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*11.954/-0.776
=15.40

Radpol's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Radpol's Interest Expense was zł-0.5 Mil. Its Operating Income was zł6.4 Mil. And its Long-Term Debt & Capital Lease Obligation was zł15.4 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*6.392/-0.499
=12.81

* 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.


Radpol  (WAR:RDL) 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 .


Radpol Interest Coverage Related Terms

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


Radpol (WAR:RDL) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Batorego 14, Czluchów, POL, 77-300
Radpol SA engages in the manufacture of heat-shrinkable products for heating and electric power industry. It offers heat shrink tubes, heat shrinkable accessories, cable joints and terminations, cable ferrules and terminals, electrical installation accessories, lighting products, insulators, spun concrete poles, PE pipes, and segmented PE fittings, accessories for PE pipes, and vibroisolators, as well as products for preinsulated pipeline systems. The company serves energy, gas, heat, railway, and motor sectors.

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