GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Muehlbauer Holding AG (XTER:MUB) » Definitions » Interest Coverage

Muehlbauer Holding AG (XTER:MUB) Interest Coverage : 68.71 (As of Jun. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Muehlbauer Holding AG 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. Muehlbauer Holding AG's Operating Income for the six months ended in Jun. 2023 was €27.3 Mil. Muehlbauer Holding AG's Interest Expense for the six months ended in Jun. 2023 was €-0.4 Mil. Muehlbauer Holding AG's interest coverage for the quarter that ended in Jun. 2023 was 68.71. The higher the ratio, the stronger the company's financial strength is.

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

XTER:MUB' s Interest Coverage Range Over the Past 10 Years
Min: 17.77   Med: 103.94   Max: 507.53
Current: 40.55


XTER:MUB's Interest Coverage is ranked better than
69.99% of 1593 companies
in the Hardware industry
Industry Median: 12.65 vs XTER:MUB: 40.55

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


Muehlbauer Holding AG Interest Coverage Historical Data

The historical data trend for Muehlbauer Holding AG'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.

Muehlbauer Holding AG Interest Coverage Chart

Muehlbauer Holding AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.05 81.82 54.40 487.09 17.77

Muehlbauer Holding AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 No Debt 32.77 5.28 68.71

Competitive Comparison of Muehlbauer Holding AG's Interest Coverage

For the Computer Hardware subindustry, Muehlbauer Holding AG'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.


Muehlbauer Holding AG's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Muehlbauer Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Muehlbauer Holding AG's Interest Coverage falls into.



Muehlbauer Holding AG 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.

Muehlbauer Holding AG's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Muehlbauer Holding AG's Interest Expense was €-0.6 Mil. Its Operating Income was €10.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*10.326/-0.581
=17.77

Muehlbauer Holding AG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, Muehlbauer Holding AG's Interest Expense was €-0.4 Mil. Its Operating Income was €27.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*27.279/-0.397
=68.71

* 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.


Muehlbauer Holding AG  (XTER:MUB) 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 .


Muehlbauer Holding AG Interest Coverage Related Terms

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


Muehlbauer Holding AG (XTER:MUB) Business Description

Traded in Other Exchanges
Address
Josef-Mühlbauer-Platz 1, Roding, DEU, 93426
Muehlbauer Holding AG is a German-based technology solutions provider with operations spread across multiple continents. Its business is segregated into three divisions; Precision Parts, Production Equipment and Government Solutions. The Precision Parts segment is associated with precision engineering and surface engineering. The Productions Equipment segment offers die sorting, smart cards, flexible solar technology and RFID/Smart Label technologies and the Government Solutions segment focuses on Identity document (ID) card solutions, document verification solutions, productions facility solutions, border management solutions and e-government solutions.

Muehlbauer Holding AG (XTER:MUB) Headlines

From GuruFocus

Top 5 3rd Quarter Trades of GYL Financial Synergies, LLC

By GuruFocus Research GuruFocus Editor 11-01-2022

ARKANSAS FINANCIAL GROUP, INC. Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-06-2023

Top 5 4th Quarter Trades of Sequoia Financial Advisors, LLC

By GuruFocus Research GuruFocus Editor 01-18-2023

Parkside Investments, LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-12-2023

Apeiron RIA LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-20-2023

Top 5 3rd Quarter Trades of Hofer & Associates. Inc

By GuruFocus Research GuruFocus Editor 12-15-2022

BALASA DINVERNO & FOLTZ LLC's Top 5 Buys of the 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-25-2022

JFS WEALTH ADVISORS, LLC Buys 4, Sells 1 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-21-2022

Top 5 3rd Quarter Trades of ForthRight Wealth Management, LLC

By GuruFocus Research GuruFocus Editor 10-17-2022

Austin Private Wealth, LLC Goes on Buying Spree in 3rd Quarter

By GuruFocus Research GuruFocus Editor 10-28-2022