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Billboard Ad Or (XBUL:BBRD) Interest Coverage : 4.59 (As of Sep. 2023)


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What is Billboard Ad Or 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. Billboard Ad Or's Operating Income for the three months ended in Sep. 2023 was лв0.44 Mil. Billboard Ad Or's Interest Expense for the three months ended in Sep. 2023 was лв-0.10 Mil. Billboard Ad Or's interest coverage for the quarter that ended in Sep. 2023 was 4.59. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Billboard Ad Or's Interest Coverage or its related term are showing as below:

XBUL:BBRD' s Interest Coverage Range Over the Past 10 Years
Min: 1.14   Med: 1.93   Max: 9.11
Current: 9.11


XBUL:BBRD's Interest Coverage is ranked worse than
57% of 793 companies
in the Business Services industry
Industry Median: 13.27 vs XBUL:BBRD: 9.11

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


Billboard Ad Or Interest Coverage Historical Data

The historical data trend for Billboard Ad Or'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.

Billboard Ad Or Interest Coverage Chart

Billboard Ad Or 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 1.99 2.04 1.86 3.19 5.90

Billboard Ad Or Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.02 - 7.68 4.75 4.59

Competitive Comparison of Billboard Ad Or's Interest Coverage

For the Specialty Business Services subindustry, Billboard Ad Or'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.


Billboard Ad Or's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Billboard Ad Or's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Billboard Ad Or's Interest Coverage falls into.



Billboard Ad Or 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.

Billboard Ad Or'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, Billboard Ad Or's Interest Expense was лв-0.35 Mil. Its Operating Income was лв2.05 Mil. And its Long-Term Debt & Capital Lease Obligation was лв8.30 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*2.047/-0.347
=5.90

Billboard Ad Or's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Billboard Ad Or's Interest Expense was лв-0.10 Mil. Its Operating Income was лв0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was лв7.16 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*0.436/-0.095
=4.59

* 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.


Billboard Ad Or  (XBUL:BBRD) 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 .


Billboard Ad Or Interest Coverage Related Terms

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


Billboard Ad Or (XBUL:BBRD) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Bulgaria Square, National Palace of Culture, Low-Rise Building, Floor 2, Triaditza district, Sofia, BGR, 1463
Billboard Ad Or is a Bulgaria based digital and offset printing company. It provides various solutions which include Digital printing solutions for billboards, packaging of buildings, branding of cars and photorealistic art galleries; Offset printing solutions for calendars, magazines and corporate periodicals and newsletters; Metro advertisement solutions covering transport advertising, advertising at the point of sale and advertising in urban environments and 3D printing solutions for making 3D models in the field of art, industrial design and architecture. Geographically, it has operations in France, Germany, Romania, and other countries; and generates a vast majority of its revenue from France.

Billboard Ad Or (XBUL:BBRD) Headlines

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