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Mondo TV France (MIL:MTVFR) Interest Coverage : 1.82 (As of Dec. 2023)


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What is Mondo TV France 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. Mondo TV France's Operating Income for the six months ended in Dec. 2023 was €0.18 Mil. Mondo TV France's Interest Expense for the six months ended in Dec. 2023 was €-0.10 Mil. Mondo TV France's interest coverage for the quarter that ended in Dec. 2023 was 1.82. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mondo TV France SAs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Mondo TV France's Interest Coverage or its related term are showing as below:

MIL:MTVFR' s Interest Coverage Range Over the Past 10 Years
Min: 0.61   Med: 7.73   Max: No Debt
Current: 0.61


MIL:MTVFR's Interest Coverage is ranked worse than
95.64% of 619 companies
in the Media - Diversified industry
Industry Median: 11.27 vs MIL:MTVFR: 0.61

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


Mondo TV France Interest Coverage Historical Data

The historical data trend for Mondo TV France'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.

Mondo TV France Interest Coverage Chart

Mondo TV France Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 33.38 40.57 - 0.61

Mondo TV France Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 No Debt 38.67 - - 1.82

Competitive Comparison of Mondo TV France's Interest Coverage

For the Entertainment subindustry, Mondo TV France'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.


Mondo TV France's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mondo TV France's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mondo TV France's Interest Coverage falls into.



Mondo TV France 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.

Mondo TV France's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Mondo TV France's Interest Expense was €-0.10 Mil. Its Operating Income was €0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*0.063/-0.104
=0.61

Mondo TV France's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Mondo TV France's Interest Expense was €-0.10 Mil. Its Operating Income was €0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.184/-0.101
=1.82

* 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.


Mondo TV France  (MIL:MTVFR) 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 .


Mondo TV France Interest Coverage Related Terms

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


Mondo TV France (MIL:MTVFR) Business Description

Traded in Other Exchanges
N/A
Address
52-54, rue Gérard, Paris, FRA, 75013
Mondo TV France SA is engaged in the production and exploitation of animated television series.

Mondo TV France (MIL:MTVFR) Headlines

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