GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DXB Entertainments PJSC (DFM:DXBE) » Definitions » Interest Coverage

DXB Entertainments PJSC (DFM:DXBE) Interest Coverage : 0 (At Loss) (As of Mar. 2021)


View and export this data going back to 2014. Start your Free Trial

What is DXB Entertainments PJSC 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. DXB Entertainments PJSC's Operating Income for the three months ended in Mar. 2021 was د.إ-108.56 Mil. DXB Entertainments PJSC's Interest Expense for the three months ended in Mar. 2021 was د.إ-235.48 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for DXB Entertainments PJSC's Interest Coverage or its related term are showing as below:


DFM:DXBE's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.2
* Ranked among companies with meaningful Interest Coverage only.

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


DXB Entertainments PJSC Interest Coverage Historical Data

The historical data trend for DXB Entertainments PJSC'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.

DXB Entertainments PJSC Interest Coverage Chart

DXB Entertainments PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial - - - - -

DXB Entertainments PJSC Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 - - - - -

Competitive Comparison of DXB Entertainments PJSC's Interest Coverage

For the Leisure subindustry, DXB Entertainments PJSC'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.


DXB Entertainments PJSC's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DXB Entertainments PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DXB Entertainments PJSC's Interest Coverage falls into.



DXB Entertainments PJSC 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.

DXB Entertainments PJSC's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, DXB Entertainments PJSC's Interest Expense was د.إ-399.26 Mil. Its Operating Income was د.إ-501.51 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ5,610.81 Mil.

DXB Entertainments PJSC did not have earnings to cover the interest expense.

DXB Entertainments PJSC's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Here, for the three months ended in Mar. 2021, DXB Entertainments PJSC's Interest Expense was د.إ-235.48 Mil. Its Operating Income was د.إ-108.56 Mil. And its Long-Term Debt & Capital Lease Obligation was د.إ413.66 Mil.

DXB Entertainments PJSC did not have earnings to cover the interest expense.

* 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.


DXB Entertainments PJSC  (DFM:DXBE) 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 .


DXB Entertainments PJSC Interest Coverage Related Terms

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


DXB Entertainments PJSC (DFM:DXBE) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O. Box 33772, Opposite the Palm Jebel Ali, Exit 5, Saih Shuaib, Dubai, ARE
DXB Entertainments PJSC is a leisure and entertainment company in Dubai. It owns the Dubai Parks and Resorts destination which consists of theme parks and water parks at the same location. Its brands include MotionGate Dubai, which is a Hollywood based theme park and the highest revenue source, Legoland Dubai and Waterpark, Bollywood Parks Dubai, Lapita, and Riverland Dubai.

DXB Entertainments PJSC (DFM:DXBE) Headlines

No Headlines