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EMC Instytut Medyczny (WAR:EMC) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is EMC Instytut Medyczny 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. EMC Instytut Medyczny's Operating Income for the three months ended in Dec. 2023 was zł-0.7 Mil. EMC Instytut Medyczny's Interest Expense for the three months ended in Dec. 2023 was zł-1.1 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 EMC Instytut Medyczny's Interest Coverage or its related term are showing as below:

WAR:EMC' s Interest Coverage Range Over the Past 10 Years
Min: 3.03   Med: 3.25   Max: 3.47
Current: 3.36


WAR:EMC's Interest Coverage is ranked worse than
70.44% of 406 companies
in the Healthcare Providers & Services industry
Industry Median: 8.445 vs WAR:EMC: 3.36

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


EMC Instytut Medyczny Interest Coverage Historical Data

The historical data trend for EMC Instytut Medyczny'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.

EMC Instytut Medyczny Interest Coverage Chart

EMC Instytut Medyczny Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.47

EMC Instytut Medyczny Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 2.94 3.47 6.32 -

Competitive Comparison of EMC Instytut Medyczny's Interest Coverage

For the Medical Care Facilities subindustry, EMC Instytut Medyczny'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.


EMC Instytut Medyczny's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EMC Instytut Medyczny's Interest Coverage distribution charts can be found below:

* The bar in red indicates where EMC Instytut Medyczny's Interest Coverage falls into.



EMC Instytut Medyczny 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.

EMC Instytut Medyczny'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, EMC Instytut Medyczny's Interest Expense was zł-5.7 Mil. Its Operating Income was zł19.7 Mil. And its Long-Term Debt & Capital Lease Obligation was zł89.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*19.746/-5.693
=3.47

EMC Instytut Medyczny's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, EMC Instytut Medyczny's Interest Expense was zł-1.1 Mil. Its Operating Income was zł-0.7 Mil. And its Long-Term Debt & Capital Lease Obligation was zł89.1 Mil.

EMC Instytut Medyczny 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.


EMC Instytut Medyczny  (WAR:EMC) 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 .


EMC Instytut Medyczny Interest Coverage Related Terms

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


EMC Instytut Medyczny (WAR:EMC) Business Description

Traded in Other Exchanges
N/A
Address
ul. Pilczycka 144-148, Wroclaw, POL, 54-144
EMC Instytut Medyczny SA owns and operates hospitals and clinics in Poland. It offers specialized advice, full diagnostics, hospital treatment, care for older people in specialized centers or home conditions. It also offers services including private medical care, specialized consultations, primary health care, outpatient rehabilitation, long-term care and 24hours medical europaservice.

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