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Singapore Telecommunications (Singapore Telecommunications) Interest Coverage

: 2.42 (As of Sep. 2023)
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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. Singapore Telecommunications's Operating Income for the six months ended in Sep. 2023 was $364 Mil. Singapore Telecommunications's Interest Expense for the six months ended in Sep. 2023 was $-151 Mil. Singapore Telecommunications's interest coverage for the quarter that ended in Sep. 2023 was 2.42. The higher the ratio, the stronger the company's financial strength is.

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

SGAPY' s Interest Coverage Range Over the Past 10 Years
Min: 2.14   Med: 6.42   Max: 10.17
Current: 2.14


SGAPY's Interest Coverage is ranked worse than
74.48% of 290 companies
in the Telecommunication Services industry
Industry Median: 4.64 vs SGAPY: 2.14

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


Singapore Telecommunications Interest Coverage Historical Data

The historical data trend for Singapore Telecommunications'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.

Singapore Telecommunications Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.99 4.03 2.58 2.20 2.31

Singapore Telecommunications Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Coverage 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 Premium Member Only Premium Member Only Premium Member Only 2.68 2.17 2.76 1.84 2.42

Competitive Comparison

For the Telecom Services subindustry, Singapore Telecommunications'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.


Singapore Telecommunications Interest Coverage Distribution

For the Telecommunication Services industry and Communication Services sector, Singapore Telecommunications's Interest Coverage distribution charts can be found below:

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



Singapore Telecommunications 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.

Singapore Telecommunications'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, Singapore Telecommunications's Interest Expense was $-296 Mil. Its Operating Income was $684 Mil. And its Long-Term Debt & Capital Lease Obligation was $7,393 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*683.849/-296.233
=2.31

Singapore Telecommunications's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Singapore Telecommunications's Interest Expense was $-151 Mil. Its Operating Income was $364 Mil. And its Long-Term Debt & Capital Lease Obligation was $7,848 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*364.23/-150.766
=2.42

* 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.


Singapore Telecommunications  (OTCPK:SGAPY) 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 .


Singapore Telecommunications Interest Coverage Related Terms

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


Singapore Telecommunications (Singapore Telecommunications) Business Description

Address
31 Exeter Road, Comcentre, Singapore, SGP, 239732
Singapore Telecommunications is Singapore's leading telecoms company. It owns extensive wired and wireless networks offering data and voice services to a broad customer base. Singtel's diverse investment portfolio spreads across the region. The firm wholly owns Optus in Australia and minority equity stakes in Airtel (29%) in India; Telkomsel (35%) in Indonesia; Globe Telecom (47%) in the Philippines; and Advanced Information Services (23%) and Intouch (21%) in Thailand. Singtel is majority-owned by the Singapore government.

Singapore Telecommunications (Singapore Telecommunications) Headlines

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