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Segammy Holdings (Segammy Holdings) Interest Coverage : 72.16 (As of Dec. 2023)


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What is Segammy Holdings 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. Segammy Holdings's Operating Income for the three months ended in Dec. 2023 was $103 Mil. Segammy Holdings's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. Segammy Holdings's interest coverage for the quarter that ended in Dec. 2023 was 72.16. The higher the ratio, the stronger the company's financial strength is.

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

SGAMF' s Interest Coverage Range Over the Past 10 Years
Min: 13.95   Med: 28.15   Max: 145.78
Current: 119.8


SGAMF's Interest Coverage is ranked better than
66.88% of 314 companies
in the Interactive Media industry
Industry Median: 35.915 vs SGAMF: 119.80

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


Segammy Holdings Interest Coverage Historical Data

The historical data trend for Segammy Holdings'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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Segammy Holdings Interest Coverage Chart

Segammy Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.59 58.20 13.95 106.48 145.75

Segammy Holdings 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 367.37 94.16 289.08 112.77 72.16

Competitive Comparison of Segammy Holdings's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Segammy Holdings'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.


Segammy Holdings's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Segammy Holdings's Interest Coverage distribution charts can be found below:

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



Segammy Holdings 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.

Segammy Holdings's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Segammy Holdings's Interest Expense was $-2 Mil. Its Operating Income was $350 Mil. And its Long-Term Debt & Capital Lease Obligation was $302 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*350.086/-2.402
=145.75

Segammy Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Segammy Holdings's Interest Expense was $-1 Mil. Its Operating Income was $103 Mil. And its Long-Term Debt & Capital Lease Obligation was $243 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*103.256/-1.431
=72.16

* 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.


Segammy Holdings  (OTCPK:SGAMF) 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 .


Segammy Holdings Interest Coverage Related Terms

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


Segammy Holdings (Segammy Holdings) Business Description

Traded in Other Exchanges
Address
Shiodome Sumitomo Building 21F, 1-9-2 Higashi Shimbashi, Minato-ku, Tokyo, JPN, 105-0021
Sega Sammy Holdings was established as a holding company in 2004, when video game developer Sega and pachislot and pachinko vendor Sammy merged. The company currently derives most of its sales revenue from entertainment content and its pachislot and pachinko machine business, which contributed 73% and 24% of total revenue in fiscal 2022, respectively. It also operates a resorts business on a limited scale, contributing 3% of sales revenue.

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