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Fintel Energija a.d (XBEL:FINT) Interest Coverage : N/A (As of Dec. 2023)


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What is Fintel Energija a.d 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. Fintel Energija a.d's Operating Income for the three months ended in Dec. 2023 was RSD0 Mil. Fintel Energija a.d's Interest Expense for the three months ended in Dec. 2023 was RSD0 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 Fintel Energija a.d's Interest Coverage or its related term are showing as below:

XBEL:FINT' s Interest Coverage Range Over the Past 10 Years
Min: 1.13   Med: 1.69   Max: 2.92
Current: 2.88


XBEL:FINT's Interest Coverage is ranked worse than
53.19% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.13 vs XBEL:FINT: 2.88

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


Fintel Energija a.d Interest Coverage Historical Data

The historical data trend for Fintel Energija a.d'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.

Fintel Energija a.d Interest Coverage Chart

Fintel Energija a.d Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 1.56 1.13 2.39 2.82 2.92

Fintel Energija a.d Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 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 N/A No Debt 2.90 N/A N/A

Competitive Comparison of Fintel Energija a.d's Interest Coverage

For the Utilities - Renewable subindustry, Fintel Energija a.d'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.


Fintel Energija a.d's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fintel Energija a.d's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fintel Energija a.d's Interest Coverage falls into.



Fintel Energija a.d 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.

Fintel Energija a.d'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, Fintel Energija a.d's Interest Expense was RSD-508 Mil. Its Operating Income was RSD1,483 Mil. And its Long-Term Debt & Capital Lease Obligation was RSD8,580 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1483.046/-508.127
=2.92

Fintel Energija a.d's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Fintel Energija a.d's Interest Expense was RSD0 Mil. Its Operating Income was RSD0 Mil. And its Long-Term Debt & Capital Lease Obligation was RSD8,580 Mil.

GuruFocus does not calculate Fintel Energija a.d'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.


Fintel Energija a.d  (XBEL:FINT) 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 .


Fintel Energija a.d Interest Coverage Related Terms

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


Fintel Energija a.d (XBEL:FINT) Business Description

Traded in Other Exchanges
N/A
Address
Bulevar Mihajla Pupina 115e, 5th Floor, Novi Beograd, SRB, 11000
Fintel Energija a.d is primarily involved in the generation of power business which is sold only to EPS through wind power generation technology. It operates only one operating segment wind renewable energy sector. Currently, the company is engaged in the development, construction, and management of a wind power plant portfolio consisting of new wind farms in the north and northeast of Serbia.

Fintel Energija a.d (XBEL:FINT) Headlines

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