GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Comcm SA Constanta (BSE:CMCM) » Definitions » Interest Coverage

Comcm Constanta (BSE:CMCM) Interest Coverage : No Debt (1) (As of Mar. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Comcm Constanta 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. Comcm Constanta's Operating Income for the three months ended in Mar. 2023 was lei9.77 Mil. Comcm Constanta's Interest Expense for the three months ended in Mar. 2023 was lei0.00 Mil. Comcm Constanta has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Comcm SA Constanta has no debt.

(1) 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.

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

BSE:CMCM' s Interest Coverage Range Over the Past 10 Years
Min: 4437.5   Med: No Debt   Max: No Debt
Current: 4437.5


BSE:CMCM's Interest Coverage is ranked better than
96.66% of 1259 companies
in the Construction industry
Industry Median: 7 vs BSE:CMCM: 4437.50

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


Comcm Constanta Interest Coverage Historical Data

The historical data trend for Comcm Constanta'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.

Comcm Constanta Interest Coverage Chart

Comcm Constanta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Comcm Constanta Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - No Debt No Debt No Debt No Debt

Competitive Comparison of Comcm Constanta's Interest Coverage

For the Engineering & Construction subindustry, Comcm Constanta'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.


Comcm Constanta's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comcm Constanta's Interest Coverage distribution charts can be found below:

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



Comcm Constanta 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.

Comcm Constanta'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, Comcm Constanta's Interest Expense was lei0.00 Mil. Its Operating Income was lei35.81 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.00 Mil.

Comcm Constanta had no debt (1).

Comcm Constanta's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Comcm Constanta's Interest Expense was lei0.00 Mil. Its Operating Income was lei9.77 Mil. And its Long-Term Debt & Capital Lease Obligation was lei0.00 Mil.

Comcm Constanta had no debt (1).

* 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.


Comcm Constanta  (BSE:CMCM) 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 .


Comcm Constanta Interest Coverage Related Terms

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


Comcm Constanta (BSE:CMCM) Business Description

Traded in Other Exchanges
N/A
Address
Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498
Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.