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SSH Communications Security Oyj (STU:XXH) Interest Coverage : 0 (At Loss) (As of Jun. 2023)


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What is SSH Communications Security Oyj 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. SSH Communications Security Oyj's Operating Income for the three months ended in Jun. 2023 was €-0.60 Mil. SSH Communications Security Oyj's Interest Expense for the three months ended in Jun. 2023 was €-0.20 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 SSH Communications Security Oyj's Interest Coverage or its related term are showing as below:


STU:XXH's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.34
* 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.


SSH Communications Security Oyj Interest Coverage Historical Data

The historical data trend for SSH Communications Security Oyj'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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SSH Communications Security Oyj Interest Coverage Chart

SSH Communications Security Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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SSH Communications Security Oyj Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 N/A No Debt 1.00 - N/A

Competitive Comparison of SSH Communications Security Oyj's Interest Coverage

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.


SSH Communications Security Oyj's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, SSH Communications Security Oyj's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SSH Communications Security Oyj's Interest Coverage falls into.



SSH Communications Security Oyj 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.

SSH Communications Security Oyj'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, SSH Communications Security Oyj's Interest Expense was €-0.53 Mil. Its Operating Income was €-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was €1.47 Mil.

SSH Communications Security Oyj did not have earnings to cover the interest expense.

SSH Communications Security Oyj's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, SSH Communications Security Oyj's Interest Expense was €-0.20 Mil. Its Operating Income was €-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.30 Mil.

SSH Communications Security Oyj 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.


SSH Communications Security Oyj  (STU:XXH) 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 .


SSH Communications Security Oyj Interest Coverage Related Terms

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SSH Communications Security Oyj (STU:XXH) Business Description

Traded in Other Exchanges
Address
Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring services. Its recurring service generates maximum revenue for the company. The company products consist of the crypto auditor, tectia ssh, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and others. Its EMEA region generates maximum revenue for the company.

SSH Communications Security Oyj (STU:XXH) Headlines

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