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Verkkokauppa.com Oyj (CHIX:VERKH) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Verkkokauppa.com Oyj 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. Verkkokauppa.com Oyj's Operating Income for the three months ended in Mar. 2024 was €-0.4 Mil. Verkkokauppa.com Oyj's Interest Expense for the three months ended in Mar. 2024 was €-0.6 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 Verkkokauppa.com Oyj's Interest Coverage or its related term are showing as below:

CHIX:VERKh' s Interest Coverage Range Over the Past 10 Years
Min: 2.57   Med: 9.08   Max: 689.53
Current: 2.65


CHIX:VERKh's Interest Coverage is ranked worse than
75.26% of 760 companies
in the Retail - Cyclical industry
Industry Median: 7.825 vs CHIX:VERKh: 2.65

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


Verkkokauppa.com Oyj Interest Coverage Historical Data

The historical data trend for Verkkokauppa.com Oyj'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.

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Verkkokauppa.com Oyj Interest Coverage Chart

Verkkokauppa.com Oyj 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 8.84 15.96 689.53 2.57 2.99

Verkkokauppa.com Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.08 1.57 3.11 9.20 -

Competitive Comparison of Verkkokauppa.com Oyj's Interest Coverage

For the Internet Retail subindustry, Verkkokauppa.com Oyj'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.


Verkkokauppa.com Oyj's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verkkokauppa.com Oyj's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Verkkokauppa.com Oyj's Interest Coverage falls into.



Verkkokauppa.com Oyj 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.

Verkkokauppa.com Oyj'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, Verkkokauppa.com Oyj's Interest Expense was €-2.1 Mil. Its Operating Income was €6.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €30.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*6.125/-2.05
=2.99

Verkkokauppa.com Oyj's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Verkkokauppa.com Oyj's Interest Expense was €-0.6 Mil. Its Operating Income was €-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €29.1 Mil.

Verkkokauppa.com Oyj 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.


Verkkokauppa.com Oyj  (CHIX:VERKh) 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 .


Verkkokauppa.com Oyj Interest Coverage Related Terms

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


Verkkokauppa.com Oyj (CHIX:VERKH) Business Description

Traded in Other Exchanges
Address
Tyynenmerenkatu 11, Helsinki, FIN, 00220
Verkkokauppa.com Oyj is a retail store in Finland, and it operates mainly online. It offers thousands of products under various product categories such as computer technology, consumer electronics, toys, games, navigation products, and others. The group sells its products to suppliers through retail stores, the webstore, and other media. The revenue streams of the company consist of the sale of goods and services. The sale of services rendered by the company includes installation and maintenance services, subscription sales and visibility sales. The entire revenue of the company is principally generated from one geographical area, Finland.

Verkkokauppa.com Oyj (CHIX:VERKH) Headlines

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