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Investis Holding (XSWX:IREN) Interest Coverage : 11.04 (As of Dec. 2023)


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What is Investis Holding 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. Investis Holding's Operating Income for the six months ended in Dec. 2023 was CHF23.2 Mil. Investis Holding's Interest Expense for the six months ended in Dec. 2023 was CHF-2.1 Mil. Investis Holding's interest coverage for the quarter that ended in Dec. 2023 was 11.04. The higher the ratio, the stronger the company's financial strength is.

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

XSWX:IREN' s Interest Coverage Range Over the Past 10 Years
Min: 3.85   Med: 12.64   Max: 25.43
Current: 15.05


XSWX:IREN's Interest Coverage is ranked better than
72.61% of 1351 companies
in the Real Estate industry
Industry Median: 3.96 vs XSWX:IREN: 15.05

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


Investis Holding Interest Coverage Historical Data

The historical data trend for Investis Holding'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.

Investis Holding Interest Coverage Chart

Investis Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 11.51 11.76 14.83 25.43 15.05

Investis Holding 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 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 15.58 23.35 28.03 23.85 11.04

Competitive Comparison of Investis Holding's Interest Coverage

For the Real Estate Services subindustry, Investis Holding'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.


Investis Holding's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Investis Holding's Interest Coverage distribution charts can be found below:

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



Investis Holding 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.

Investis Holding'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, Investis Holding's Interest Expense was CHF-3.1 Mil. Its Operating Income was CHF46.0 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF115.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*45.979/-3.056
=15.05

Investis Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Investis Holding's Interest Expense was CHF-2.1 Mil. Its Operating Income was CHF23.2 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF115.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*23.179/-2.1
=11.04

* 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.


Investis Holding  (XSWX:IREN) 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 .


Investis Holding Interest Coverage Related Terms

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


Investis Holding (XSWX:IREN) Business Description

Traded in Other Exchanges
Address
Neumuhlequai 6, Zurich, CHE, 8001
Investis Holding SA is a residential property company operating in the Lake Geneva region of Switzerland and is a national Swiss real estate services provider. The company's portfolio consists almost exclusively of residential properties. The company has a network of various service locations with recognizable brands scattered throughout Switzerland. Investis divides its activities into two operating segments: Properties and Real Estate Services. Its properties segment deals with investment, development, and serviced apartments, while its Real Estate Services segment deals with property management and facility management. The company's main revenue comes from the leasing of properties and revenue related to its various real estate services.