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DFV Deutsche Familienversicherung AG (FRA:DFV) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is DFV Deutsche Familienversicherung 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 EBIT by its Interest Expense. DFV Deutsche Familienversicherung AG's EBIT for the six months ended in Jun. 2023 was €0.0 Mil. DFV Deutsche Familienversicherung AG's Interest Expense for the six months ended in Jun. 2023 was €-3.1 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 DFV Deutsche Familienversicherung AG's Interest Coverage or its related term are showing as below:

FRA:DFV' s Interest Coverage Range Over the Past 10 Years
Min: 0.13   Med: 6.3   Max: No Debt
Current: 0.13


FRA:DFV's Interest Coverage is ranked worse than
99.69% of 325 companies
in the Insurance industry
Industry Median: 13.52 vs FRA:DFV: 0.13

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


DFV Deutsche Familienversicherung AG Interest Coverage Historical Data

The historical data trend for DFV Deutsche Familienversicherung 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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DFV Deutsche Familienversicherung AG Interest Coverage Chart

DFV Deutsche Familienversicherung AG 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 - - - 0.28 2.20

DFV Deutsche Familienversicherung AG Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.28 3.85 0.69 -

Competitive Comparison of DFV Deutsche Familienversicherung AG's Interest Coverage

For the Insurance - Diversified subindustry, DFV Deutsche Familienversicherung 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.


DFV Deutsche Familienversicherung AG's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, DFV Deutsche Familienversicherung AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DFV Deutsche Familienversicherung AG's Interest Coverage falls into.



DFV Deutsche Familienversicherung 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

DFV Deutsche Familienversicherung AG'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, DFV Deutsche Familienversicherung AG's Interest Expense was €-1.4 Mil. Its EBIT was €3.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*3.06/-1.393
=2.20

DFV Deutsche Familienversicherung AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, DFV Deutsche Familienversicherung AG's Interest Expense was €-3.1 Mil. Its EBIT was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

* 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.


DFV Deutsche Familienversicherung AG  (FRA:DFV) 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 .


DFV Deutsche Familienversicherung AG Interest Coverage Related Terms

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


DFV Deutsche Familienversicherung AG (FRA:DFV) Business Description

Traded in Other Exchanges
Address
Reuterweg 47, Frankfurt, DEU, 60323
DFV Deutsche Familienversicherung AG is an InsurTech company. As a digital insurance company, the company covers the entire value chain with its own products. The company's goal is to offer insurance products that people really need and understand immediately. The company offers its customers multiple supplementary health insurance (dental, health, and long-term care insurance) as well as property/casualty insurance. The company is developing the IT system in-house and is engaging the insurance industry with digital product designs throughout as well as the option of taking out policies via digital voice assistants. The Company sets new industry standards with its fully digitized product design and is the first insurance company to offer insurance contracts via Amazon Alexa.

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