Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Interest Coverage : 2.55 (As of Feb. 2024)

Olgeroin Egill Skallagrimsson hf Interest Coverage Chart

Olgeroin Egill Skallagrimsson hf Quarterly Data
	Feb19	Feb20	Feb21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Coverage	Get a 7-Day Free Trial									3.55	4.22	5.91	5.71	2.55

Competitive Comparison of Olgeroin Egill Skallagrimsson hf's Interest Coverage

For the Beverages - Brewers subindustry, Olgeroin Egill Skallagrimsson hf'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.

Olgeroin Egill Skallagrimsson hf's Interest Coverage Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Olgeroin Egill Skallagrimsson hf's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Olgeroin Egill Skallagrimsson hf's Interest Coverage falls into.

Olgeroin Egill Skallagrimsson hf 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.

Olgeroin Egill Skallagrimsson hf's Interest Coverage for the fiscal year that ended in Feb. 2024 is calculated as

Here, for the fiscal year that ended in Feb. 2024, Olgeroin Egill Skallagrimsson hf's Interest Expense was kr-994 Mil. Its Operating Income was kr4,472 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,562 Mil.

Olgeroin Egill Skallagrimsson hf's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Olgeroin Egill Skallagrimsson hf's Interest Expense was kr-297 Mil. Its Operating Income was kr755 Mil. And its Long-Term Debt & Capital Lease Obligation was kr4,562 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.

Olgeroin Egill Skallagrimsson hf  (OISE:OLGERD) 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 .

Olgeroin Egill Skallagrimsson hf Interest Coverage Related Terms

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Olgeroin Egill Skallagrimsson hf (OISE:OLGERD) Business Description