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Vaudoise Assurances Holding (XSWX:VAHN) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Vaudoise Assurances Holding 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 EBIT by its Interest Expense. Vaudoise Assurances Holding's EBIT for the six months ended in Dec. 2023 was CHF64 Mil. Vaudoise Assurances Holding's Interest Expense for the six months ended in Dec. 2023 was CHF6 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 Vaudoise Assurances Holding's Interest Coverage or its related term are showing as below:

XSWX:VAHN' s Interest Coverage Range Over the Past 10 Years
Min: 18.08   Med: 34.58   Max: 1737.11
Current: 49.41


XSWX:VAHN's Interest Coverage is ranked better than
70.15% of 325 companies
in the Insurance industry
Industry Median: 13.81 vs XSWX:VAHN: 49.41

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


Vaudoise Assurances Holding Interest Coverage Historical Data

The historical data trend for Vaudoise Assurances Holding'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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Vaudoise Assurances Holding Interest Coverage Chart

Vaudoise Assurances Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.85 810.94 1,737.11 167.01 49.41

Vaudoise Assurances Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,133.51 5.77 - 9.11 -

Competitive Comparison of Vaudoise Assurances Holding's Interest Coverage

For the Insurance - Diversified subindustry, Vaudoise Assurances Holding'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.


Vaudoise Assurances Holding's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Vaudoise Assurances Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vaudoise Assurances Holding's Interest Coverage falls into.



Vaudoise Assurances Holding 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Vaudoise Assurances Holding'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, Vaudoise Assurances Holding's Interest Expense was CHF-3 Mil. Its EBIT was CHF150 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF162 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*150.207/-3.04
=49.41

Vaudoise Assurances Holding's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Vaudoise Assurances Holding's Interest Expense was CHF6 Mil. Its EBIT was CHF64 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF162 Mil.

* 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.


Vaudoise Assurances Holding  (XSWX:VAHN) 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 .


Vaudoise Assurances Holding Interest Coverage Related Terms

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


Vaudoise Assurances Holding (XSWX:VAHN) Business Description

Traded in Other Exchanges
Address
Place de Milan, Case Postale 120, Lausanne, CHE, 1001
Vaudoise Assurances Holding SA is a Switzerland based company engaged in the provision of life and non-life insurance services. The company, together with its subsidiaries, offers health, accident, fire, and third party, as well as motor and transport insurance products. It primarily serves individuals, small and medium scale businesses, and public sector.

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