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Polymer Factory Sweden AB (XSAT:POLYMER) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Polymer Factory Sweden AB 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. Polymer Factory Sweden AB's Operating Income for the six months ended in . 20 was kr0.00 Mil. Polymer Factory Sweden AB's Interest Expense for the six months ended in . 20 was kr0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Polymer Factory Sweden AB's Interest Coverage or its related term are showing as below:


XSAT:POLYMER's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.555
* 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.


Polymer Factory Sweden AB Interest Coverage Historical Data

The historical data trend for Polymer Factory Sweden AB'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.

Polymer Factory Sweden AB Interest Coverage Chart

Polymer Factory Sweden AB Annual Data
Trend
Interest Coverage

Polymer Factory Sweden AB Semi-Annual Data
Interest Coverage

Competitive Comparison of Polymer Factory Sweden AB's Interest Coverage

For the Chemicals subindustry, Polymer Factory Sweden AB'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.


Polymer Factory Sweden AB's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polymer Factory Sweden AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Polymer Factory Sweden AB's Interest Coverage falls into.



Polymer Factory Sweden AB 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.

Polymer Factory Sweden AB's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Polymer Factory Sweden AB's Interest Expense was kr0.00 Mil. Its Operating Income was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Polymer Factory Sweden AB had no debt (1).

Polymer Factory Sweden AB's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Polymer Factory Sweden AB's Interest Expense was kr0.00 Mil. Its Operating Income was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was kr0.00 Mil.

Polymer Factory Sweden AB 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.


Polymer Factory Sweden AB  (XSAT:POLYMER) 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 .


Polymer Factory Sweden AB Interest Coverage Related Terms

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Polymer Factory Sweden AB (XSAT:POLYMER) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Teknikringen 48, Stockholm, SWE, 114 28
Polymer Factory Sweden AB is a provider of advanced dendritic and polymeric materials, plus a contract research company. The product portfolio include monodisperse dendritic polymers built from 2,2-bis(methylol)propionic acid, such as biocompatible bis-MPA dendrimers and dendrons. It specialise in the synthesis of flawless macromolecules, tailor made materials and calibrants for MALDI-ToF.

Polymer Factory Sweden AB (XSAT:POLYMER) Headlines

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