CPH Chemie & Papier Holding AG (XSWX:CPHN) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is CPH Chemie & Papier Holding AG 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. CPH Chemie & Papier Holding AG's Operating Income for the six months ended in Dec. 2023 was CHF29.8 Mil. CPH Chemie & Papier Holding AG's Interest Expense for the six months ended in Dec. 2023 was CHF0.0 Mil. CPH Chemie & Papier Holding AG has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

CPH Chemie & Papier Holding AG has no debt.

(1) 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.

The historical rank and industry rank for CPH Chemie & Papier Holding AG's Interest Coverage or its related term are showing as below:

XSWX:CPHN' s Interest Coverage Range Over the Past 10 Years
Min: 0.49 Med: 9.85 Max: 86.34
Current: 86.34

XSWX:CPHN's Interest Coverage is ranked better than
87.68% of 203 companies
in the Forest Products industry
Industry Median: 6.14 vs XSWX:CPHN: 86.34

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

CPH Chemie & Papier Holding AG Interest Coverage Historical Data

The historical data trend for CPH Chemie & Papier Holding AG'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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CPH Chemie & Papier Holding AG Interest Coverage Chart

CPH Chemie & Papier Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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12.07

8.97

48.16

59.61

CPH Chemie & Papier Holding AG Semi-Annual Data
	Jun14	Dec14	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															-	35.80	44.88	55.23	No Debt

Competitive Comparison of CPH Chemie & Papier Holding AG's Interest Coverage

For the Paper & Paper Products subindustry, CPH Chemie & Papier Holding AG'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.

CPH Chemie & Papier Holding AG's Interest Coverage Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, CPH Chemie & Papier Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CPH Chemie & Papier Holding AG's Interest Coverage falls into.

CPH Chemie & Papier Holding AG 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.

CPH Chemie & Papier Holding AG'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, CPH Chemie & Papier Holding AG's Interest Expense was CHF-1.4 Mil. Its Operating Income was CHF82.8 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	82.803	/	-1.389
	=	59.61

CPH Chemie & Papier Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, CPH Chemie & Papier Holding AG's Interest Expense was CHF0.0 Mil. Its Operating Income was CHF29.8 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

CPH Chemie & Papier Holding AG had no debt ⁽¹⁾.

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

CPH Chemie & Papier Holding AG (XSWX:CPHN) 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 .

CPH Chemie & Papier Holding AG Interest Coverage Related Terms

Thank you for viewing the detailed overview of CPH Chemie & Papier Holding AG's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

CPH Chemie & Papier Holding AG (XSWX:CPHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » CPH Chemie & Papier Holding AG (XSWX:CPHN) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CPHNz:UK

Address

Perlenring 1, Perlen, CHE, 6035

Website

https://www.cph.ch

CPH Chemie & Papier Holding AG is engaged in the manufacturing of chemicals, paper, and pharmaceutical packaging films. The business activity of the group is breakdown into three divisions namely chemistry, paper, and packaging. The Chemistry division provides molecular sieves and silica gels for industrial applications under the Zeochem brand name; the Paper division produces and sells newsprint and magazine paper products under the Perlen Papier brand and whereas the Packaging division manufactures an extensive range of PVC mono-films and coated PVdC high-barrier films for the pharmaceuticals industry. The business of the firm can be seen amplifying across the globe.

CPH Chemie & Papier Holding AG (XSWX:CPHN) Headlines

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CPH Chemie & Papier Holding AG (XSWX:CPHN) Interest Coverage : No Debt (1) (As of Dec. 2023)