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Singer Sri Lanka (COL:SINS.N0000) Interest Coverage : 2.81 (As of Mar. 2025)


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What is Singer Sri Lanka 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. Singer Sri Lanka's Operating Income for the three months ended in Mar. 2025 was රු2,136 Mil. Singer Sri Lanka's Interest Expense for the three months ended in Mar. 2025 was රු-760 Mil. Singer Sri Lanka's interest coverage for the quarter that ended in Mar. 2025 was 2.81. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Singer Sri Lanka's Interest Coverage or its related term are showing as below:

COL:SINS.N0000' s Interest Coverage Range Over the Past 10 Years
Min: 0.44   Med: 2.16   Max: 3.62
Current: 2.48


COL:SINS.N0000's Interest Coverage is ranked worse than
76.86% of 795 companies
in the Retail - Cyclical industry
Industry Median: 7.6 vs COL:SINS.N0000: 2.48

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


Singer Sri Lanka Interest Coverage Historical Data

The historical data trend for Singer Sri Lanka'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.

Singer Sri Lanka Interest Coverage Chart

Singer Sri Lanka Annual Data
Trend Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 3.62 0.93 0.44 2.30

Singer Sri Lanka Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.73 1.70 2.14 3.37 2.81

Competitive Comparison of Singer Sri Lanka's Interest Coverage

For the Specialty Retail subindustry, Singer Sri Lanka'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.


Singer Sri Lanka's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Singer Sri Lanka's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Singer Sri Lanka's Interest Coverage falls into.


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Singer Sri Lanka 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.

Singer Sri Lanka's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Singer Sri Lanka's Interest Expense was රු-3,175 Mil. Its Operating Income was රු7,318 Mil. And its Long-Term Debt & Capital Lease Obligation was රු19,974 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*7318.477/-3175.197
=2.30

Singer Sri Lanka's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Singer Sri Lanka's Interest Expense was රු-760 Mil. Its Operating Income was රු2,136 Mil. And its Long-Term Debt & Capital Lease Obligation was රු19,974 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2136.056/-760.236
=2.81

* 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.


Singer Sri Lanka  (COL:SINS.N0000) 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 .


Singer Sri Lanka Interest Coverage Related Terms

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


Singer Sri Lanka Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Havelock Road, Colombo, LKA, 05
Singer Sri Lanka PLC is a Sri Lanka-based appliance retailer. It is engaged in the marketing of household electrical products. It operates in seven segments including Consumer Electronics which offers televisions, audio, and other electronic products. The Financial Services segment offers leasing, hire purchase, and loans. The furniture segment offers wood and layered furniture, sofa sets, steel furniture, and mattresses. Home Appliances offers refrigerators, washing machines, and deep freezers. Digital Products include laptops and smartphones. The sewing segment offers domestic and industrial sewing machines and general merchandise Other segment offers motorbikes, bicycles, water pumps, paddy threshers, and tractors. The company generates maximum revenue from the Home Appliances segment.

Singer Sri Lanka Headlines

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