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Komunalac a.d (XBLB:KMNC-R-A) Interest Coverage : No Debt (1) (As of Dec. 2022)


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What is Komunalac 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. Komunalac a.d's Operating Income for the six months ended in Dec. 2022 was BAM0.09 Mil. Komunalac a.d's Interest Expense for the six months ended in Dec. 2022 was BAM0.00 Mil. Komunalac a.d has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Komunalac a.d 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 Komunalac a.d's Interest Coverage or its related term are showing as below:

XBLB:KMNC-R-A' s Interest Coverage Range Over the Past 10 Years
Min: 2.5   Med: No Debt   Max: No Debt
Current: No Debt


XBLB:KMNC-R-A's Interest Coverage is ranked better than
99.41% of 170 companies
in the Waste Management industry
Industry Median: 4.875 vs XBLB:KMNC-R-A: 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.


Komunalac a.d Interest Coverage Historical Data

The historical data trend for Komunalac 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.

Komunalac a.d Interest Coverage Chart

Komunalac a.d Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt No Debt No Debt

Komunalac a.d Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - No Debt No Debt No Debt

Competitive Comparison of Komunalac a.d's Interest Coverage

For the Waste Management subindustry, Komunalac 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.


Komunalac a.d's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Komunalac a.d's Interest Coverage distribution charts can be found below:

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



Komunalac 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.

Komunalac a.d's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Komunalac a.d's Interest Expense was BAM0.00 Mil. Its Operating Income was BAM0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was BAM0.00 Mil.

Komunalac a.d had no debt (1).

Komunalac a.d's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Komunalac a.d's Interest Expense was BAM0.00 Mil. Its Operating Income was BAM0.09 Mil. And its Long-Term Debt & Capital Lease Obligation was BAM0.00 Mil.

Komunalac a.d 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.


Komunalac a.d  (XBLB:KMNC-R-A) 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 .


Komunalac a.d Interest Coverage Related Terms

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


Komunalac a.d (XBLB:KMNC-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Milosa Crnjanskog 7, Bijeljina, BIH, 76300
Komunalac a.d operates as a waste management service provider in Bosnia and Herzegovina. The activities of the company include solid waste disposal, collection of recyclable waste, maintenance of public transport, maintenance of green areas, maintaining timber and planting new seedlings, production and sale of flowers for urban greenery, and services for special utility vehicles.

Komunalac a.d (XBLB:KMNC-R-A) Headlines

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