Shoper (WAR:SHO) Interest Coverage : 18.60 (As of Mar. 2024)

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What is Shoper 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. Shoper's Operating Income for the three months ended in Mar. 2024 was zł10.0 Mil. Shoper's Interest Expense for the three months ended in Mar. 2024 was zł-0.5 Mil. Shoper's interest coverage for the quarter that ended in Mar. 2024 was 18.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shoper's Interest Coverage or its related term are showing as below:

WAR:SHO' s Interest Coverage Range Over the Past 10 Years
Min: 13.93 Med: 31.34 Max: 84.71
Current: 16.09

WAR:SHO's Interest Coverage is ranked worse than
58.78% of 1606 companies
in the Software industry
Industry Median: 28.9 vs WAR:SHO: 16.09

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

Shoper Interest Coverage Historical Data

The historical data trend for Shoper'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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Shoper Interest Coverage Chart

Shoper Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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30.27

84.71

76.83

14.63

13.93

Shoper Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial													10.56	12.02	14.46	19.90	18.60

Competitive Comparison of Shoper's Interest Coverage

For the Software - Application subindustry, Shoper'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.

Shoper's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Shoper's Interest Coverage distribution charts can be found below:

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

Shoper 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.

Shoper'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, Shoper's Interest Expense was zł-2.3 Mil. Its Operating Income was zł31.6 Mil. And its Long-Term Debt & Capital Lease Obligation was zł14.8 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	31.582	/	-2.268
	=	13.93

Shoper's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Shoper's Interest Expense was zł-0.5 Mil. Its Operating Income was zł10.0 Mil. And its Long-Term Debt & Capital Lease Obligation was zł14.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	9.951	/	-0.535
	=	18.60

The higher the ratio, the stronger the company's Financial Strength is.

Shoper (WAR:SHO) 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 .

Shoper Interest Coverage Related Terms

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

Shoper (WAR:SHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shoper SA (WAR:SHO) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. W?adys?awa Lokietka 79, Krakow, POL, 31-280

Website

https://www.shoper.pl

Shoper SA is a leader on the Polish market of software vendors for e-commerce in the SaaS model. It enables entrepreneurs to conveniently, quickly and easily set up own online store and conduct sales in the online channel. The comprehensive offer of the company consists of the Shoper platform available as a subscription, allowing for flexible adaptation to the needs of a given client, and a number of services sold in the pay-as-you-grow model, directly correlated with the number of orders or turnover generated through stores on the platform.