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Hamilton Global Opportunities (XPAR:ALHGO) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Hamilton Global Opportunities 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. Hamilton Global Opportunities's Operating Income for the six months ended in Dec. 2023 was €-0.37 Mil. Hamilton Global Opportunities's Interest Expense for the six months ended in Dec. 2023 was €0.00 Mil. Hamilton Global Opportunities has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Hamilton Global Opportunities PLC 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 Hamilton Global Opportunities's Interest Coverage or its related term are showing as below:

XPAR:ALHGO' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


XPAR:ALHGO's Interest Coverage is ranked better than
98.89% of 450 companies
in the Asset Management industry
Industry Median: 45.345 vs XPAR:ALHGO: 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.


Hamilton Global Opportunities Interest Coverage Historical Data

The historical data trend for Hamilton Global Opportunities'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.

Hamilton Global Opportunities Interest Coverage Chart

Hamilton Global Opportunities Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - No Debt No Debt No Debt No Debt

Hamilton Global Opportunities Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Hamilton Global Opportunities's Interest Coverage

For the Asset Management subindustry, Hamilton Global Opportunities'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.


Hamilton Global Opportunities's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hamilton Global Opportunities's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hamilton Global Opportunities's Interest Coverage falls into.



Hamilton Global Opportunities 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.

Hamilton Global Opportunities's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Hamilton Global Opportunities's Interest Expense was €0.00 Mil. Its Operating Income was €-0.65 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Hamilton Global Opportunities had no debt (1).

Hamilton Global Opportunities's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Hamilton Global Opportunities's Interest Expense was €0.00 Mil. Its Operating Income was €-0.37 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Hamilton Global Opportunities 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.


Hamilton Global Opportunities  (XPAR:ALHGO) 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 .


Hamilton Global Opportunities Interest Coverage Related Terms

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


Hamilton Global Opportunities (XPAR:ALHGO) Business Description

Traded in Other Exchanges
N/A
Address
30-35 Pall Mall, London, GBR, SW1Y 5LP
Hamilton Global Opportunities PLC is an independent merchant banking company. The company works and invests in companies across the technology landscape. It focuses on investments in Tech, Fintech, and MedTech principally in the United States and Israel. The group invests in growth-stage tech companies with scalable business models across a range of geographies by providing strategic advice to its clients.

Hamilton Global Opportunities (XPAR:ALHGO) Headlines

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