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LifeStar Insurance (MAL:LSI) Interest Coverage : N/A (As of Jun. 2023)


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What is LifeStar Insurance 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. LifeStar Insurance's EBIT for the six months ended in Jun. 2023 was €0.00 Mil. LifeStar Insurance's Interest Expense for the six months ended in Jun. 2023 was €0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for LifeStar Insurance's Interest Coverage or its related term are showing as below:


MAL:LSI's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 14.475
* 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.


LifeStar Insurance Interest Coverage Historical Data

The historical data trend for LifeStar Insurance'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.

LifeStar Insurance Interest Coverage Chart

LifeStar Insurance Annual Data
Trend Dec20 Dec21 Dec22
Interest Coverage
0.33 12.82 -

LifeStar Insurance Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Coverage Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Competitive Comparison of LifeStar Insurance's Interest Coverage

For the Insurance - Life subindustry, LifeStar Insurance'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.


LifeStar Insurance's Interest Coverage Distribution in the Insurance Industry

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

* The bar in red indicates where LifeStar Insurance's Interest Coverage falls into.



LifeStar Insurance 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.

LifeStar Insurance'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, LifeStar Insurance's Interest Expense was €-0.10 Mil. Its EBIT was €-5.30 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.15 Mil.

LifeStar Insurance did not have earnings to cover the interest expense.

LifeStar Insurance's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, LifeStar Insurance's Interest Expense was €0.00 Mil. Its EBIT was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.44 Mil.

GuruFocus does not calculate LifeStar Insurance's interest coverage with the available data.

* 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.


LifeStar Insurance  (MAL:LSI) 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 .


LifeStar Insurance Interest Coverage Related Terms

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


LifeStar Insurance (MAL:LSI) Business Description

Traded in Other Exchanges
N/A
Address
Testaferrata Street, Ta’Xbiex, MLT, XBX 1403
LifeStar Insurance PLC is a provider of insurance products in Malta offering customers a comprehensive range of protection, savings and investment and retirement life insurance products. Its products are classified under Protection, Savings and Investment, Retirement, and Health products.