Surgical Science Sweden AB (FRA:4P41) Interest Coverage : N/A (As of Dec. 2024)

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What is Surgical Science Sweden AB 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. Surgical Science Sweden AB's Operating Income for the three months ended in Dec. 2024 was €3.40 Mil. Surgical Science Sweden AB's Interest Expense for the three months ended in Dec. 2024 was €0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. Surgical Science Sweden AB has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Surgical Science Sweden AB's Interest Coverage or its related term are showing as below:

FRA:4P41's Interest Coverage is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 8.315
* Ranked among companies with meaningful Interest Coverage only.

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

Surgical Science Sweden AB Interest Coverage Historical Data

The historical data trend for Surgical Science Sweden AB'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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Surgical Science Sweden AB Interest Coverage Chart

Surgical Science Sweden AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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37.75

68.79

124.24

286.61

25.40

Surgical Science Sweden AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial															N/A	No Debt	No Debt	No Debt	N/A

Competitive Comparison of Surgical Science Sweden AB's Interest Coverage

For the Health Information Services subindustry, Surgical Science Sweden AB'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.

Surgical Science Sweden AB's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Surgical Science Sweden AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Surgical Science Sweden AB's Interest Coverage falls into.

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Surgical Science Sweden AB 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.

Surgical Science Sweden AB'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, Surgical Science Sweden AB's Interest Expense was €-0.49 Mil. Its Operating Income was €12.55 Mil. And its Long-Term Debt & Capital Lease Obligation was €4.95 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	12.547	/	-0.494
	=	25.40

Surgical Science Sweden AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Surgical Science Sweden AB's Interest Expense was €0.00 Mil. Its Operating Income was €3.40 Mil. And its Long-Term Debt & Capital Lease Obligation was €4.95 Mil.

GuruFocus does not calculate Surgical Science Sweden AB's interest coverage with the available data.

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

Surgical Science Sweden AB (FRA:4P41) 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 .

Surgical Science Sweden AB Interest Coverage Related Terms

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Surgical Science Sweden AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Surgical Science Sweden AB (FRA:4P41) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

SUSRF:USA SUS:Sweden

Address

Drakegatan 7A, Gothenburg, SWE, SE-412 50

Website

https://www.surgicalscience.com

Surgical Science Sweden AB is a supplier of virtual reality simulators for medical training. The company's core is its proprietary software and hardware for simulating interactions between instruments and anatomy. It has two operating segments; Educational products include Proprietary brand medical simulator hardware and software for generic training of psycho-motor skills, instrument handling, and training for a large number of procedures and examinations, prior to entering the clinical environment and also support and services, and Industry/OEM includes simulation software for product-specific training of surgeons in robot-assisted surgery and other digitalized medical instruments and also simulators for medical device companies.

Surgical Science Sweden AB Headlines

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