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L agence Automobiliere (XPAR:MLAA) Interest Coverage : 0 (At Loss) (As of Dec. 2020)


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What is L agence Automobiliere 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. L agence Automobiliere's Operating Income for the six months ended in Dec. 2020 was €-0.01 Mil. L agence Automobiliere's Interest Expense for the six months ended in Dec. 2020 was €-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for L agence Automobiliere's Interest Coverage or its related term are showing as below:


XPAR:MLAA's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.73
* 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.


L agence Automobiliere Interest Coverage Historical Data

The historical data trend for L agence Automobiliere'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.

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L agence Automobiliere Interest Coverage Chart

L agence Automobiliere Annual Data
Trend Dec19 Dec20
Interest Coverage
5.50 -

L agence Automobiliere Semi-Annual Data
Dec19 Dec20
Interest Coverage 5.50 -

Competitive Comparison of L agence Automobiliere's Interest Coverage

For the Auto & Truck Dealerships subindustry, L agence Automobiliere'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.


L agence Automobiliere's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, L agence Automobiliere's Interest Coverage distribution charts can be found below:

* The bar in red indicates where L agence Automobiliere's Interest Coverage falls into.



L agence Automobiliere 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.

L agence Automobiliere's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, L agence Automobiliere's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.29 Mil.

L agence Automobiliere did not have earnings to cover the interest expense.

L agence Automobiliere's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the six months ended in Dec. 2020, L agence Automobiliere's Interest Expense was €-0.00 Mil. Its Operating Income was €-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.29 Mil.

L agence Automobiliere did not have earnings to cover the interest expense.

* 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.


L agence Automobiliere  (XPAR:MLAA) 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 .


L agence Automobiliere Interest Coverage Related Terms

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L agence Automobiliere (XPAR:MLAA) Business Description

Traded in Other Exchanges
N/A
Address
Zone Actipolis 1 24A Route Départementale 201, Sausheim, FRA, FR-68390
L agence Automobiliere SA is specialized in the purchase and sale of used vehicles. The company also offers services in financing, insurance, assistance and other. It has over 90 branches located in Europe.

L agence Automobiliere (XPAR:MLAA) Headlines

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