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Gunsynd (LSE:GUN) Interest Coverage : No Debt (1) (As of Jan. 2024)


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What is Gunsynd 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. Gunsynd's Operating Income for the six months ended in Jan. 2024 was £-0.25 Mil. Gunsynd's Interest Expense for the six months ended in Jan. 2024 was £0.00 Mil. Gunsynd has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Gunsynd PLC 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 Gunsynd's Interest Coverage or its related term are showing as below:

LSE:GUN' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


LSE:GUN's Interest Coverage is ranked better than
98.89% of 449 companies
in the Asset Management industry
Industry Median: 44.28 vs LSE:GUN: No Debt

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


Gunsynd Interest Coverage Historical Data

The historical data trend for Gunsynd'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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Gunsynd Interest Coverage Chart

Gunsynd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Gunsynd Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 No Debt

Competitive Comparison of Gunsynd's Interest Coverage

For the Asset Management subindustry, Gunsynd'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.


Gunsynd's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gunsynd's Interest Coverage distribution charts can be found below:

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



Gunsynd 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.

Gunsynd's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Gunsynd's Interest Expense was £0.00 Mil. Its Operating Income was £-0.57 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Gunsynd had no debt (1).

Gunsynd's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the six months ended in Jan. 2024, Gunsynd's Interest Expense was £0.00 Mil. Its Operating Income was £-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

Gunsynd 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.


Gunsynd  (LSE:GUN) 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 .


Gunsynd Interest Coverage Related Terms

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


Gunsynd (LSE:GUN) Business Description

Traded in Other Exchanges
Address
78 Pall Mall, St. James's, London, GBR, SW1Y 5ES
Gunsynd PLC is an investment company. Its investing policy is to invest in or acquire companies or projects within the natural resources sector and life sciences sector, focusing on but not limited to, plant-based nutrition and environmentally friendly alternatives to food sources. The alcohol beverage sector is also within its focus, emphasizing but not limited to, ingredients used in the production of such beverages, including sugar cane, agave, and molasses. There is only one operating segment of the company-investment activities. The geographic focus of the company will be Europe, Australia, the U.S, and the Caribbean.

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