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Bulgartabac Holding AD (XBUL:BTH) Interest Coverage : 0 (At Loss) (As of Dec. 2016)


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What is Bulgartabac Holding AD 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. Bulgartabac Holding AD's Operating Income for the three months ended in Dec. 2016 was лв-36.2 Mil. Bulgartabac Holding AD's Interest Expense for the three months ended in Dec. 2016 was лв-0.9 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 Bulgartabac Holding AD's Interest Coverage or its related term are showing as below:


XBUL:BTH's Interest Coverage is not ranked *
in the Tobacco Products industry.
Industry Median: 11
* 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.


Bulgartabac Holding AD Interest Coverage Historical Data

The historical data trend for Bulgartabac Holding AD'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.

Bulgartabac Holding AD Interest Coverage Chart

Bulgartabac Holding AD Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial 39.18 10.81 4.45 9.04 -

Bulgartabac Holding AD Quarterly Data
Dec09 Dec10 Dec11 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 4.54 16.51 - - -

Competitive Comparison of Bulgartabac Holding AD's Interest Coverage

For the Tobacco subindustry, Bulgartabac Holding AD'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.


Bulgartabac Holding AD's Interest Coverage Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Bulgartabac Holding AD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bulgartabac Holding AD's Interest Coverage falls into.



Bulgartabac Holding AD 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.

Bulgartabac Holding AD's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Bulgartabac Holding AD's Interest Expense was лв-5.0 Mil. Its Operating Income was лв-38.9 Mil. And its Long-Term Debt & Capital Lease Obligation was лв66.6 Mil.

Bulgartabac Holding AD did not have earnings to cover the interest expense.

Bulgartabac Holding AD's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Here, for the three months ended in Dec. 2016, Bulgartabac Holding AD's Interest Expense was лв-0.9 Mil. Its Operating Income was лв-36.2 Mil. And its Long-Term Debt & Capital Lease Obligation was лв66.6 Mil.

Bulgartabac Holding AD 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.


Bulgartabac Holding AD  (XBUL:BTH) 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 .


Bulgartabac Holding AD Interest Coverage Related Terms

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


Bulgartabac Holding AD (XBUL:BTH) Business Description

Traded in Other Exchanges
N/A
Address
62 Graf Ignatiev Street, Sofia, BGR, 1000
Bulgartabac Holding AD is a cigarettes manufacturer in Bulgaria. The company is an exporter of processed Virginia, Burley & Oriental tobaccos. It supplies aromatic and semi-aromatic types of tobaccos. Its products include Victory, Class S, Femina Slim, Prestige & Welcome.

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