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Alumil Rom Industry (BSE:ALU) Interest Coverage : 14.10 (As of Sep. 2023)


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What is Alumil Rom Industry 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. Alumil Rom Industry's Operating Income for the three months ended in Sep. 2023 was lei1.8 Mil. Alumil Rom Industry's Interest Expense for the three months ended in Sep. 2023 was lei-0.1 Mil. Alumil Rom Industry's interest coverage for the quarter that ended in Sep. 2023 was 14.10. The higher the ratio, the stronger the company's financial strength is.

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

BSE:ALU' s Interest Coverage Range Over the Past 10 Years
Min: 1.45   Med: 6.04   Max: 36.1
Current: 19.73


BSE:ALU's Interest Coverage is ranked worse than
74.18% of 1340 companies
in the Metals & Mining industry
Industry Median: No Debt vs BSE:ALU: 19.73

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


Alumil Rom Industry Interest Coverage Historical Data

The historical data trend for Alumil Rom Industry'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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Alumil Rom Industry Interest Coverage Chart

Alumil Rom Industry Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 7.49 14.27 36.10 29.85

Alumil Rom Industry 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 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 44.93 9.64 104.10 16.66 14.10

Competitive Comparison of Alumil Rom Industry's Interest Coverage

For the Aluminum subindustry, Alumil Rom Industry'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.


Alumil Rom Industry's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alumil Rom Industry's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Alumil Rom Industry's Interest Coverage falls into.



Alumil Rom Industry 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.

Alumil Rom Industry'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, Alumil Rom Industry's Interest Expense was lei-0.3 Mil. Its Operating Income was lei7.7 Mil. And its Long-Term Debt & Capital Lease Obligation was lei2.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*7.73/-0.259
=29.85

Alumil Rom Industry's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Alumil Rom Industry's Interest Expense was lei-0.1 Mil. Its Operating Income was lei1.8 Mil. And its Long-Term Debt & Capital Lease Obligation was lei1.8 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*1.819/-0.129
=14.10

* 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.


Alumil Rom Industry  (BSE:ALU) 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 .


Alumil Rom Industry Interest Coverage Related Terms

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


Alumil Rom Industry (BSE:ALU) Business Description

Traded in Other Exchanges
N/A
Address
Soseaua Bucuresti Ploiesti No. 42-44, Sector 1, Complex Baneasa Business & Technologiy Park, Bucharest, ROU, 50912
Alumil Rom Industry SA is a Romania-based company. The company mainly manufactures and trades a range of Aluminum profile systems such as sliding, opening, and partitioning systems and accessories related to these systems, machine tools, and specific tools used for aluminum joinery, interior doors, and decorative Aluminum panels. The company also engages in the processing of profiles through the provision of thermal breaks and electrostatic painting. The product categories of the company are profiles, accessories, polycarbonates, composite aluminum panels, photovoltaic systems, systems for automation applications, waste, services and others.

Alumil Rom Industry (BSE:ALU) Headlines

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