Doverie Obed Hl (XBUL:DUH) Interest Coverage : 312.14 (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Doverie Obed Hl 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. Doverie Obed Hl's Operating Income for the three months ended in Sep. 2023 was лв23.7 Mil. Doverie Obed Hl's Interest Expense for the three months ended in Sep. 2023 was лв-0.1 Mil. Doverie Obed Hl's interest coverage for the quarter that ended in Sep. 2023 was 312.14. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Doverie Obed Hl has enough cash to cover all of its debt. Its financial situation is stable.

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

XBUL:DUH' s Interest Coverage Range Over the Past 10 Years
Min: 1.79 Med: 39.54 Max: 211.33
Current: 211.33

XBUL:DUH's Interest Coverage is ranked better than
52.17% of 23 companies
in the Banks industry
Industry Median: 67.74 vs XBUL:DUH: 211.33

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

Doverie Obed Hl Interest Coverage Historical Data

The historical data trend for Doverie Obed Hl'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.

Doverie Obed Hl Interest Coverage Chart

Doverie Obed Hl Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

Get a 7-Day Free Trial

73.16

137.21

210.08

Doverie Obed Hl Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Coverage	Get a 7-Day Free Trial															227.77	184.72	316.73	140.88	312.14

Competitive Comparison of Doverie Obed Hl's Interest Coverage

For the Banks - Regional subindustry, Doverie Obed Hl'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.

Doverie Obed Hl's Interest Coverage Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Doverie Obed Hl's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Doverie Obed Hl's Interest Coverage falls into.

Doverie Obed Hl 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.

Doverie Obed Hl's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Doverie Obed Hl's Interest Expense was лв-0.6 Mil. Its Operating Income was лв121.6 Mil. And its Long-Term Debt & Capital Lease Obligation was лв172.8 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	121.636	/	-0.579
	=	210.08

Doverie Obed Hl's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Doverie Obed Hl's Interest Expense was лв-0.1 Mil. Its Operating Income was лв23.7 Mil. And its Long-Term Debt & Capital Lease Obligation was лв158.9 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	23.723	/	-0.076
	=	312.14

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

Doverie Obed Hl (XBUL:DUH) 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 .

Doverie Obed Hl Interest Coverage Related Terms

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

Doverie Obed Hl (XBUL:DUH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Doverie Obed Hl (XBUL:DUH) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Lachezar Stanchev Str., Building A, floor 7, Sopharma Business Towers, Sofia, BGR, 1756

Website

https://www.doverie.bg

Doverie Obed Hl is a holding company that unites companies which carry out their activities in the field of commercial banking, health care, wine making, residential building, household chemicals, purchase/sale of DIY goods, renting out real estate and movable property and others. The company has the following operating segments Banking sector, Insurance sector Trade in 'do it yourself' goods, Non-financial enterprises performing financial services, Medical services, Detergents & household chemicals and Others The majority of revenue is from the Banking sector.

Doverie Obed Hl (XBUL:DUH) Headlines

No Headlines