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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. Central European Media Enterprises's Operating Income for the three months ended in Jun. 2020 was $44.2 Mil. Central European Media Enterprises's Interest Expense for the three months ended in Jun. 2020 was $-4.9 Mil. Central European Media Enterprises's interest coverage for the quarter that ended in Jun. 2020 was 8.95. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Central European Media Enterprises's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Central European Media Enterprises'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.
Central European Media Enterprises Annual Data | |||||||||||||||||||||
Trend | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | 0.66 | 0.90 | 1.81 | 3.98 | 6.86 |
Central European Media Enterprises Quarterly Data | ||||||||||||||||||||
Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | |
Interest Coverage | Get a 7-Day Free Trial | 8.79 | 4.27 | 11.69 | 4.54 | 8.95 |
For the Broadcasting subindustry, Central European Media Enterprises'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.
For the Media - Diversified industry and Communication Services sector, Central European Media Enterprises's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Central European Media Enterprises's Interest Coverage falls into.
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.
Central European Media Enterprises's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as
Here, for the fiscal year that ended in Dec. 2019, Central European Media Enterprises's Interest Expense was $-27.3 Mil. Its Operating Income was $187.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $608.7 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2019 ) | / | Interest Expense (A: Dec. 2019 ) |
= | -1 | * | 187.336 | / | -27.308 | |
= | 6.86 |
Central European Media Enterprises's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as
Here, for the three months ended in Jun. 2020, Central European Media Enterprises's Interest Expense was $-4.9 Mil. Its Operating Income was $44.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $605.6 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Jun. 2020 ) | / | Interest Expense (Q: Jun. 2020 ) |
= | -1 | * | 44.174 | / | -4.934 | |
= | 8.95 |
* 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.
Central European Media Enterprises (NAS:CETV) 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 .
Thank you for viewing the detailed overview of Central European Media Enterprises's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Christoph Mainusch | officer: co-Chief Executive Officer | KRIZENECKEHO NAM. 1078/5A PRAGUE 5 2N 15200 |
Daniel Penn | officer: EVP, General Counsel | C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200 |
Nin Michael Del | officer: co-Chief Executive Officer | C/O CME MEDIA SERVICES LIMITED BRANCH, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200 |
Alfred W Langer | director | C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200 |
John Billock | director | C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200 |
Kelli Turner | director | C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200 |
David Sturgeon | officer: EVP, Chief Financial Officer | C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200 |
Parm Sandhu | director | C/O MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200 |
Peter H Knag | director | 208 S AKARD STREET DALLAS TX 75202 |
Turner Theodore Mckinley Iii | director | ONE TIME WARNER CENTER NEW YORK NY 10019 |
At&t Inc. | director, 10 percent owner | 208 S. AKARD ST ATTN : JAMES LACY DALLAS TX 75202 |
Bruce Maggin | director | C/O CME MEDIA SERVICES LIMITED, KRIZENECKEHO NAM 1078/5A, PRAGUE 2N 15200 |
Time Warner Inc. | director, 10 percent owner | ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Tw Media Holdings Llc | director, 10 percent owner | ONE TIME WARNER CENTER NEW YORK NY 10019 |
Time Warner Media Holdings B.v. | director, 10 percent owner | ONE TIME WARNER CENTER NEW YORK NY 10019 |
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