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Burckhardt Compression Holding AG (XSWX:BCHN) Interest Coverage : 31.46 (As of Sep. 2023)


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What is Burckhardt Compression Holding AG 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. Burckhardt Compression Holding AG's Operating Income for the six months ended in Sep. 2023 was CHF44.9 Mil. Burckhardt Compression Holding AG's Interest Expense for the six months ended in Sep. 2023 was CHF-1.4 Mil. Burckhardt Compression Holding AG's interest coverage for the quarter that ended in Sep. 2023 was 31.46. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Burckhardt Compression Holding AG's Interest Coverage or its related term are showing as below:

XSWX:BCHN' s Interest Coverage Range Over the Past 10 Years
Min: 14.27   Med: 21.02   Max: 93.47
Current: 45.86


XSWX:BCHN's Interest Coverage is ranked better than
71.62% of 2297 companies
in the Industrial Products industry
Industry Median: 13.54 vs XSWX:BCHN: 45.86

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


Burckhardt Compression Holding AG Interest Coverage Historical Data

The historical data trend for Burckhardt Compression Holding AG'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.

Burckhardt Compression Holding AG Interest Coverage Chart

Burckhardt Compression Holding AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.92 14.27 18.49 21.12 31.25

Burckhardt Compression Holding AG Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 9.18 23.76 13.10 64.61 31.46

Competitive Comparison of Burckhardt Compression Holding AG's Interest Coverage

For the Specialty Industrial Machinery subindustry, Burckhardt Compression Holding AG'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.


Burckhardt Compression Holding AG's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Burckhardt Compression Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Burckhardt Compression Holding AG's Interest Coverage falls into.



Burckhardt Compression Holding AG 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.

Burckhardt Compression Holding AG's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Burckhardt Compression Holding AG's Interest Expense was CHF-3.4 Mil. Its Operating Income was CHF106.3 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*106.308/-3.402
=31.25

Burckhardt Compression Holding AG's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Burckhardt Compression Holding AG's Interest Expense was CHF-1.4 Mil. Its Operating Income was CHF44.9 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*44.862/-1.426
=31.46

* 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.


Burckhardt Compression Holding AG  (XSWX:BCHN) 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 .


Burckhardt Compression Holding AG Interest Coverage Related Terms

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Burckhardt Compression Holding AG (XSWX:BCHN) Business Description

Traded in Other Exchanges
Address
Franz-Burckhardt-Strasse 5, P.O. Box 3352, Winterthur, CHE, CH-8404
Burckhardt Compression Holding AG is a Switzerland-based company that manufactures and distributes reciprocating compressors. The company provides customized compressor systems for industries including upstream oil and gas, gas transport and storage, refinery, chemicals, and petrochemical and industrial gas. In addition, the company provides compressor components and related aftermarket services to help clients lower their reciprocating compressor systems' costs. The company has a global presence, with the majority of sales from Europe, Asia, Australia, the Middle East, and North America.

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