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Alfa Plam a.d (XBEL:ALFA) Interest Coverage : 822.74 (As of Jun. 2022)


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What is Alfa Plam a.d 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. Alfa Plam a.d's Operating Income for the six months ended in Jun. 2022 was RSD758 Mil. Alfa Plam a.d's Interest Expense for the six months ended in Jun. 2022 was RSD-1 Mil. Alfa Plam a.d's interest coverage for the quarter that ended in Jun. 2022 was 822.74. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Alfa Plam a.d's Interest Coverage or its related term are showing as below:


XBEL:ALFA's Interest Coverage is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 8.9
* Ranked among companies with meaningful Interest Coverage only.

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


Alfa Plam a.d Interest Coverage Historical Data

The historical data trend for Alfa Plam a.d'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.

Alfa Plam a.d Interest Coverage Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,351.99 1,215.32 219.49 95.09 138.29

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 70.29 118.47 1,124.28 - 822.74

Competitive Comparison of Alfa Plam a.d's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Alfa Plam a.d'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.


Alfa Plam a.d's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Plam a.d's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Alfa Plam a.d's Interest Coverage falls into.



Alfa Plam a.d 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.

Alfa Plam a.d's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Alfa Plam a.d's Interest Expense was RSD-5 Mil. Its Operating Income was RSD728 Mil. And its Long-Term Debt & Capital Lease Obligation was RSD92 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*728.252/-5.266
=138.29

Alfa Plam a.d's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the six months ended in Jun. 2022, Alfa Plam a.d's Interest Expense was RSD-1 Mil. Its Operating Income was RSD758 Mil. And its Long-Term Debt & Capital Lease Obligation was RSD92 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*757.748/-0.921
=822.74

* 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.


Alfa Plam a.d  (XBEL:ALFA) 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 .


Alfa Plam a.d Interest Coverage Related Terms

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


Alfa Plam a.d (XBEL:ALFA) Business Description

Traded in Other Exchanges
N/A
Address
Radni?ka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.

Alfa Plam a.d (XBEL:ALFA) Headlines

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