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S&W Seed Co (S&W Seed Co) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is S&W Seed Co 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. S&W Seed Co's Operating Income for the three months ended in Dec. 2023 was $-4.67 Mil. S&W Seed Co's Interest Expense for the three months ended in Dec. 2023 was $-1.78 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 S&W Seed Co's Interest Coverage or its related term are showing as below:


SANW's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.39
* 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.


S&W Seed Co Interest Coverage Historical Data

The historical data trend for S&W Seed Co'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.

S&W Seed Co Interest Coverage Chart

S&W Seed Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 - - - -

S&W Seed Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of S&W Seed Co's Interest Coverage

For the Farm Products subindustry, S&W Seed Co'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.


S&W Seed Co's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, S&W Seed Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where S&W Seed Co's Interest Coverage falls into.



S&W Seed Co 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.

S&W Seed Co's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, S&W Seed Co's Interest Expense was $-6.16 Mil. Its Operating Income was $-16.46 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.50 Mil.

S&W Seed Co did not have earnings to cover the interest expense.

S&W Seed Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, S&W Seed Co's Interest Expense was $-1.78 Mil. Its Operating Income was $-4.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $4.86 Mil.

S&W Seed Co 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.


S&W Seed Co  (NAS:SANW) 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 .


S&W Seed Co Interest Coverage Related Terms

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


S&W Seed Co (S&W Seed Co) Business Description

Traded in Other Exchanges
Address
2101 Ken Pratt Boulevard, Suite 201, Longmont, CO, USA, 80501
S&W Seed Co is a multi-crop, middle-market agricultural company. It is engaged in the breeding, production, and sale of alfalfa seed and sorghum seed. It also has a growing commercial market presence in sunflower and maintains an active stevia development program. The company's seed platform develops and supplies germplasm designed to produce higher yields for farmers worldwide. It produces approximately 500 seed products and has a sale in more than 40 countries. Its geographical segments include the United States, Australia, Saudi Arabia, Mexico, South Africa, and other countries.
Executives
Vanessa Baughman officer: Interim CFO C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Mark Herrmann director C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
Jennifer C. Price 10 percent owner, other: See remarks C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Mark Wong director, officer: CEO and President BIOFUEL ENERGY CORP., 1600 BROADWAY, SUITE 2200, DENVER CO 80202
Elizabeth Horton officer: Chief Financial Officer C/O S&W SEED COMPANY, 2101 KEN PRATT BLVD., SUITE 201, LONGMONT CO 80501
David Thomas Callachor officer: Executive VP, International C/O S&W SEED COMPANY, 106 K STREET, SUITE 300, SACRAMENTO CA 95814
Mfp Partners Lp 10 percent owner, other: See remarks below 909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Alan D Willits director 5122 PURDUE AVENUE, DALLAS TX 75209
Matthew K Szot officer: VP Finance and CFO 802 NORTH DOUTY STREET, HANFORD CA 93230
Robert D Straus director 230 EAST 44TH ST APT 9C, NEW YORK NY 10017
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner