Origin Enterprises (LSE:OGN) Interest Coverage : 0.51 (As of Jan. 2024)

Origin Enterprises Interest Coverage Chart

Origin Enterprises Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Interest Coverage		Get a 7-Day Free Trial					5.51	2.84	5.61	8.58	5.14

Origin Enterprises Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Interest Coverage	Get a 7-Day Free Trial															1.05	14.66	1.45	12.85	0.51

Competitive Comparison of Origin Enterprises's Interest Coverage

For the Farm Products subindustry, Origin Enterprises'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.

Origin Enterprises's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Origin Enterprises's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Origin Enterprises's Interest Coverage falls into.

Origin Enterprises 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Origin Enterprises's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Origin Enterprises's Interest Expense was €-15 Mil. Its Operating Income was €77 Mil. And its Long-Term Debt & Capital Lease Obligation was €140 Mil.

Origin Enterprises's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the six months ended in Jan. 2024, Origin Enterprises's Interest Expense was €-12 Mil. Its Operating Income was €6 Mil. And its Long-Term Debt & Capital Lease Obligation was €345 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.

Origin Enterprises  (LSE:OGN) 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 .

Origin Enterprises Interest Coverage Related Terms

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Origin Enterprises (LSE:OGN) Business Description