Stella International Holdings (Stella International Holdings) Interest Coverage : 225.67 (As of Dec. 2023)

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What is Stella International 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. Stella International Holdings's Operating Income for the six months ended in Dec. 2023 was $99 Mil. Stella International Holdings's Interest Expense for the six months ended in Dec. 2023 was $-0 Mil. Stella International Holdings's interest coverage for the quarter that ended in Dec. 2023 was 225.67. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Stella International Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SLNLY' s Interest Coverage Range Over the Past 10 Years
Min: 18.69 Med: 144.69 Max: 398.18
Current: 184.72

SLNLY's Interest Coverage is ranked better than
90.31% of 712 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.25 vs SLNLY: 184.72

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

Stella International Holdings Interest Coverage Historical Data

The historical data trend for Stella International 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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Stella International Holdings Interest Coverage Chart

Stella International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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50.92

18.69

319.79

167.36

184.79

Stella International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															389.83	160.51	173.93	149.19	225.67

Competitive Comparison of Stella International Holdings's Interest Coverage

For the Footwear & Accessories subindustry, Stella International 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.

Stella International Holdings's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Stella International Holdings's Interest Coverage distribution charts can be found below:

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

Stella International 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.

Stella International Holdings'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, Stella International Holdings's Interest Expense was $-1 Mil. Its Operating Income was $174 Mil. And its Long-Term Debt & Capital Lease Obligation was $11 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	174.26	/	-0.943
	=	184.79

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

Here, for the six months ended in Dec. 2023, Stella International Holdings's Interest Expense was $-0 Mil. Its Operating Income was $99 Mil. And its Long-Term Debt & Capital Lease Obligation was $11 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	99.069	/	-0.439
	=	225.67

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

Stella International Holdings (OTCPK:SLNLY) 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 .

Stella International Holdings Interest Coverage Related Terms

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

Stella International Holdings (Stella International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Stella International Holdings Ltd (OTCPK:SLNLY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

01836:Hong Kong 31S:Germany

Address

133 Hoi Bun Road, Flat C, 20th Floor, MG Tower, Kowloon, HKG

Website

http://www.stella.com.hk

Stella International Holdings Ltd designs and manufactures footwear for its clients, who sell the products to consumers under their brand names. Stella's clients include many of the world's top casual footwear companies as well as several prominent fashion and high-fashion companies and brands. The firm operates in two segments. The Manufacturing segment engages in the sale and manufacture of footwear and handbag. The Footwear retailing and wholesaling segment engages in the sale of self-developed brands. The majority of revenue is from the manufacturing segment. Geographically, North America accounts for the majority of revenue.

Stella International Holdings (Stella International Holdings) Headlines

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