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Transilvania Investments Alliance (BSE:TRANSI) Interest Coverage : 8,911.09 (As of Sep. 2023)


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What is Transilvania Investments Alliance 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. Transilvania Investments Alliance's Operating Income for the three months ended in Sep. 2023 was lei98.02 Mil. Transilvania Investments Alliance's Interest Expense for the three months ended in Sep. 2023 was lei-0.01 Mil. Transilvania Investments Alliance's interest coverage for the quarter that ended in Sep. 2023 was 8,911.09. 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. Transilvania Investments Alliance SA has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Transilvania Investments Alliance's Interest Coverage or its related term are showing as below:

BSE:TRANSI' s Interest Coverage Range Over the Past 10 Years
Min: 71.29   Med: No Debt   Max: No Debt
Current: 1729.82


BSE:TRANSI's Interest Coverage is ranked better than
70.82% of 449 companies
in the Asset Management industry
Industry Median: 43.98 vs BSE:TRANSI: 1729.82

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


Transilvania Investments Alliance Interest Coverage Historical Data

The historical data trend for Transilvania Investments Alliance'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.

Transilvania Investments Alliance Interest Coverage Chart

Transilvania Investments Alliance 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 No Debt No Debt 121.43 104.88 71.29

Transilvania Investments Alliance 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 - 176.18 1,908.75 2,180.77 8,911.09

Competitive Comparison of Transilvania Investments Alliance's Interest Coverage

For the Asset Management subindustry, Transilvania Investments Alliance'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.


Transilvania Investments Alliance's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Transilvania Investments Alliance's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Transilvania Investments Alliance's Interest Coverage falls into.



Transilvania Investments Alliance 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.

Transilvania Investments Alliance'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, Transilvania Investments Alliance's Interest Expense was lei-0.88 Mil. Its Operating Income was lei62.60 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.49 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*62.595/-0.878
=71.29

Transilvania Investments Alliance's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Transilvania Investments Alliance's Interest Expense was lei-0.01 Mil. Its Operating Income was lei98.02 Mil. And its Long-Term Debt & Capital Lease Obligation was lei3.21 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*98.022/-0.011
=8,911.09

* 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.


Transilvania Investments Alliance  (BSE:TRANSI) 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 .


Transilvania Investments Alliance Interest Coverage Related Terms

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


Transilvania Investments Alliance (BSE:TRANSI) Business Description

Traded in Other Exchanges
N/A
Address
2 Nicolae Iorga Street, Brasov, ROU, 500057
Transilvania Investments Alliance SA is a closed-end financial investment company. The company's objective is the investment management of the portfolio and permanent identification of investment opportunities ensuring a reasonable level of investment risk dispersion. It holds and manages an investment portfolio consisting of stocks, bonds, and other investment instruments.

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