Xior Student Housing NV (XBRU:XIOR) Interest Coverage : 2.76 (As of Dec. 2023)

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What is Xior Student Housing NV 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. Xior Student Housing NV's Operating Income for the six months ended in Dec. 2023 was €67.9 Mil. Xior Student Housing NV's Interest Expense for the six months ended in Dec. 2023 was €-24.6 Mil. Xior Student Housing NV's interest coverage for the quarter that ended in Dec. 2023 was 2.76. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xior Student Housing NV interest coverage is 2.83, which is low.

The historical rank and industry rank for Xior Student Housing NV's Interest Coverage or its related term are showing as below:

XBRU:XIOR' s Interest Coverage Range Over the Past 10 Years
Min: 0.64 Med: 5.46 Max: 6.57
Current: 2.83

XBRU:XIOR's Interest Coverage is ranked worse than
52.51% of 676 companies
in the REITs industry
Industry Median: 2.98 vs XBRU:XIOR: 2.83

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

Xior Student Housing NV Interest Coverage Historical Data

The historical data trend for Xior Student Housing NV'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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Xior Student Housing NV Interest Coverage Chart

Xior Student Housing NV Annual Data

Trend

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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4.68

6.14

6.57

6.43

2.83

Xior Student Housing NV Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial													7.13	6.71	6.24	2.94	2.76

Competitive Comparison of Xior Student Housing NV's Interest Coverage

For the REIT - Diversified subindustry, Xior Student Housing NV'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.

Xior Student Housing NV's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xior Student Housing NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Xior Student Housing NV's Interest Coverage falls into.

Xior Student Housing NV 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.

Xior Student Housing NV's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Xior Student Housing NV's Interest Expense was €-39.8 Mil. Its Operating Income was €112.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,217.9 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	112.435	/	-39.756
	=	2.83

Xior Student Housing NV's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Xior Student Housing NV's Interest Expense was €-24.6 Mil. Its Operating Income was €67.9 Mil. And its Long-Term Debt & Capital Lease Obligation was €1,217.9 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	67.942	/	-24.621
	=	2.76

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

Xior Student Housing NV (XBRU:XIOR) 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 .

Xior Student Housing NV Interest Coverage Related Terms

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

Xior Student Housing NV (XBRU:XIOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Xior Student Housing NV (XBRU:XIOR) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

XIORb:UK 0RD8:UK 5XR:Germany

Address

Mechelsesteenweg 34, Box 108, Antwerpen, BEL, 2018

Website

https://www.xior.be

Xior Student Housing NV is a real estate company specialized in the student housing sector operating in Belgium, the Netherlands, Spain and Portugal. It offers a variety of properties, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. The company also offers additional facilities, including access to certain buildings via a badge system, extra comfort, communal living facilities such as lounges and TV rooms, 24/7 emergency services, vending machines, washing machines, automated key systems and so on. The company mainly operates in Belgium and the Netherlands.

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