Energoinstal (WAR:ENI) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is Energoinstal 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. Energoinstal's Operating Income for the three months ended in Dec. 2023 was zł-0.1 Mil. Energoinstal's Interest Expense for the three months ended in Dec. 2023 was zł-1.0 Mil. did not have earnings to cover the interest expense. 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. Energoinstal SA interest coverage is 2.2, which is low.

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

WAR:ENI' s Interest Coverage Range Over the Past 10 Years
Min: 0.27 Med: 2.26 Max: 12.04
Current: 2.2

WAR:ENI's Interest Coverage is ranked worse than
87.84% of 2295 companies
in the Industrial Products industry
Industry Median: 13.61 vs WAR:ENI: 2.20

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

Energoinstal Interest Coverage Historical Data

The historical data trend for Energoinstal'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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Energoinstal Interest Coverage Chart

Energoinstal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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0.39

2.26

Energoinstal 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															-	2.68	4.88	1.74	-

Competitive Comparison of Energoinstal's Interest Coverage

For the Specialty Industrial Machinery subindustry, Energoinstal'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.

Energoinstal's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energoinstal's Interest Coverage distribution charts can be found below:

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

Energoinstal 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.

Energoinstal'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, Energoinstal's Interest Expense was zł-3.1 Mil. Its Operating Income was zł7.1 Mil. And its Long-Term Debt & Capital Lease Obligation was zł14.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	7.061	/	-3.122
	=	2.26

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

Here, for the three months ended in Dec. 2023, Energoinstal's Interest Expense was zł-1.0 Mil. Its Operating Income was zł-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation was zł14.5 Mil.

Energoinstal did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Energoinstal (WAR:ENI) 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 .

Energoinstal Interest Coverage Related Terms

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

Energoinstal (WAR:ENI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energoinstal SA (WAR:ENI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al. Rozdzienskiego, 188d, Katowice, POL, 40-203

Website

http://www.energoinstal.pl

Energoinstal SA is engaged in the manufacturing and installation of boiler equipment. It also offers oil and gas-fired boiler room servicing, heat treatment of the materials and repair service for all technological and pressure installations. The company operates in the following services namely Designing and supervision, includes steel structures, energy devices, technological installations. General contracting include construction of a combined heat and power plant and construction of industrial plants. Research works in the field of include material engineering, welding and heat treatment of materials. It also operates in the construction industry.

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