GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Aleia Holding AG (HAM:EBGK) » Definitions » Interest Coverage

Aleia Holding AG (HAM:EBGK) Interest Coverage : 0.67 (As of Dec. 2022)


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

What is Aleia Holding 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 Operating Income by its Interest Expense. Aleia Holding AG's Operating Income for the six months ended in Dec. 2022 was €0.01 Mil. Aleia Holding AG's Interest Expense for the six months ended in Dec. 2022 was €-0.01 Mil. Aleia Holding AG's interest coverage for the quarter that ended in Dec. 2022 was 0.67. The higher the ratio, the stronger the company's financial strength is.

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

HAM:EBGK' s Interest Coverage Range Over the Past 10 Years
Min: 0.67   Med: No Debt   Max: No Debt
Current: 0.67


HAM:EBGK's Interest Coverage is ranked worse than
89.97% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.13 vs HAM:EBGK: 0.67

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


Aleia Holding AG Interest Coverage Historical Data

The historical data trend for Aleia Holding 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.

* Premium members only.

Aleia Holding AG Interest Coverage Chart

Aleia Holding 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 No Debt No Debt No Debt - 0.67

Aleia Holding AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt - 0.67

Competitive Comparison of Aleia Holding AG's Interest Coverage

For the Utilities - Renewable subindustry, Aleia Holding 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.


Aleia Holding AG's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aleia Holding AG's Interest Coverage distribution charts can be found below:

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



Aleia Holding 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 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.

Aleia Holding 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, Aleia Holding AG's Interest Expense was €-0.01 Mil. Its Operating Income was €0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*0.008/-0.012
=0.67

Aleia Holding AG's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Aleia Holding AG's Interest Expense was €-0.01 Mil. Its Operating Income was €0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*0.008/-0.012
=0.67

* 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.


Aleia Holding AG  (HAM:EBGK) 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 .


Aleia Holding AG Interest Coverage Related Terms

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


Aleia Holding AG (HAM:EBGK) Business Description

Traded in Other Exchanges
N/A
Address
Winterhuder Weg 29, Hamburg, DEU, 22085
Aleia Holding AG is engaged in the development and implementation of projects in the field of renewable energy and resource conversation and renewable energies, in particular biogas and wind energy.

Aleia Holding AG (HAM:EBGK) Headlines

No Headlines