Strata Investment Holdings (ASX:SRT) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Strata Investment 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. Strata Investment Holdings's Operating Income for the six months ended in Dec. 2024 was A$-2.06 Mil. Strata Investment Holdings's Interest Expense for the six months ended in Dec. 2024 was A$0.52 Mil. did not have earnings to cover the interest expense. 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. Metal Tiger PLC has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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

ASX:SRT' s Interest Coverage Range Over the Past 10 Years
Min: 6.4 Med: No Debt Max: No Debt
Current: No Debt

ASX:SRT's Interest Coverage is not ranked
in the Metals & Mining industry.
Industry Median: No Debt vs ASX:SRT: No Debt

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

Strata Investment Holdings Interest Coverage Historical Data

The historical data trend for Strata Investment 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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Strata Investment Holdings Interest Coverage Chart

Strata Investment Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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6.40

No Debt

Strata Investment Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Strata Investment Holdings's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Strata Investment 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.

Strata Investment Holdings's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Strata Investment Holdings's Interest Coverage distribution charts can be found below:

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

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Strata Investment 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.

Strata Investment Holdings's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Strata Investment Holdings's Interest Expense was A$0.00 Mil. Its Operating Income was A$-5.47 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

Strata Investment Holdings had no debt ⁽¹⁾.

Strata Investment Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Strata Investment Holdings's Interest Expense was A$0.52 Mil. Its Operating Income was A$-2.06 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.00 Mil.

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

Strata Investment Holdings (ASX:SRT) 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 .

Strata Investment Holdings Interest Coverage Related Terms

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

Strata Investment Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strata Investment Holdings PLC (ASX:SRT) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Higher Shalford Farm, Wincanton, Charlton Musgrove, Somerset, GBR, BA9 8HF

Website

https://www.strataplc.com

Strata Investment Holdings PLC is predominantly focused on equity investments in companies operating within the mining sector. Its investment objective is to provide shareholders with long-term, sustainable asset growth by investing in mineral exploration, development, and mining opportunities that are either undervalued or prospective. The company's operations are carried out within two segments; The Royalty investments segment, and the Equity Investments segment which includes both strategic investments (often Active) and investments that are part of the on-market portfolio (often Passive).