Napier Port Holdings (NZSE:NPH) Interest Coverage : 2.35 (As of Mar. 2024)

Napier Port Holdings Interest Coverage Chart

Napier Port Holdings Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Coverage	Get a 7-Day Free Trial					419.14	40.45	3.70	8.27	2.35

Competitive Comparison of Napier Port Holdings's Interest Coverage

For the Marine Shipping subindustry, Napier Port Holdings'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.

Napier Port Holdings's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Napier Port Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Napier Port Holdings's Interest Coverage falls into.

Napier Port Holdings 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Napier Port Holdings's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, Napier Port Holdings's Interest Expense was NZ$-6.8 Mil. Its Operating Income was NZ$41.1 Mil. And its Long-Term Debt & Capital Lease Obligation was NZ$125.0 Mil.

Napier Port Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Napier Port Holdings's Interest Expense was NZ$-3.3 Mil. Its Operating Income was NZ$7.8 Mil. And its Long-Term Debt & Capital Lease Obligation was NZ$119.3 Mil.

* 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.

Napier Port Holdings  (NZSE:NPH) 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 .

Napier Port Holdings Interest Coverage Related Terms

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Napier Port Holdings (NZSE:NPH) Business Description