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Himsnab Bulgaria AD (XBUL:CHSB) Interest Coverage : 3.20 (As of Dec. 2017)


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What is Himsnab Bulgaria AD 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. Himsnab Bulgaria AD's Operating Income for the three months ended in Dec. 2017 was лв1.65 Mil. Himsnab Bulgaria AD's Interest Expense for the three months ended in Dec. 2017 was лв-0.52 Mil. Himsnab Bulgaria AD's interest coverage for the quarter that ended in Dec. 2017 was 3.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Himsnab Bulgaria AD's Interest Coverage or its related term are showing as below:


XBUL:CHSB's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.03
* 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.


Himsnab Bulgaria AD Interest Coverage Historical Data

The historical data trend for Himsnab Bulgaria AD'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.

Himsnab Bulgaria AD Interest Coverage Chart

Himsnab Bulgaria AD Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial 0.38 2.97 - 1.58 1.89

Himsnab Bulgaria AD Quarterly Data
Dec10 Dec11 Dec12 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Sep17 Dec17
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 1.53 2.22 1.25 N/A 3.20

Competitive Comparison of Himsnab Bulgaria AD's Interest Coverage

For the Real Estate Services subindustry, Himsnab Bulgaria AD'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.


Himsnab Bulgaria AD's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Himsnab Bulgaria AD's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Himsnab Bulgaria AD's Interest Coverage falls into.



Himsnab Bulgaria AD 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.

Himsnab Bulgaria AD's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Himsnab Bulgaria AD's Interest Expense was лв-2.51 Mil. Its Operating Income was лв4.74 Mil. And its Long-Term Debt & Capital Lease Obligation was лв28.26 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2017 )/Interest Expense (A: Dec. 2017 )
=-1*4.742/-2.506
=1.89

Himsnab Bulgaria AD's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

Here, for the three months ended in Dec. 2017, Himsnab Bulgaria AD's Interest Expense was лв-0.52 Mil. Its Operating Income was лв1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was лв28.26 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2017 )/Interest Expense (Q: Dec. 2017 )
=-1*1.649/-0.515
=3.20

* 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.


Himsnab Bulgaria AD  (XBUL:CHSB) 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 .


Himsnab Bulgaria AD Interest Coverage Related Terms

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


Himsnab Bulgaria AD (XBUL:CHSB) Business Description

Traded in Other Exchanges
N/A
Address
1 Skladova Baza Street, Iliyantsi Quarter, Nadezhda District, Sofia, BGR, 1271
Himsnab Bulgaria AD is engaged in letting of own assets for rent for commercial, warehouse and office space and production, commercial activity.

Himsnab Bulgaria AD (XBUL:CHSB) Headlines

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