Sands China (FRA:599) Interest Coverage: 5.47 (As of Dec. 2025) — 41% Below Median


FRA:599 Sands China Ltd FRA:599
86 GF Score
Price €13.40
GF Value €23.68
! 4 Warning Signs
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What is Sands China Interest Coverage?

Sands China FRA:599 -3.60% 86 Interest Coverage is 5.47 as of Dec. 2025, which is 41% below its 10-year median of 9.21. GuruFocus rates FRA:599 with a GF Score™ of 86/100 and a GF Value™ of €23.68. The stock has 4 warning signs investors should review. Among 611 Travel & Leisure companies, Sands China ranks worse than 57.77% on this metric.

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. Sands China's Operating Income for the six months ended in Dec. 2025 was €602 Mil. Sands China's Interest Expense for the six months ended in Dec. 2025 was €-110 Mil. Sands China's interest coverage for the quarter that ended in Dec. 2025 was 5.47. The higher the ratio, the stronger the company's financial strength is.

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

FRA:599' s Interest Coverage Range Over the Past 10 Years
Min: 2.51   Med: 9.21   Max: 24.34
Current: 3.98


FRA:599's Interest Coverage is ranked worse than
57.77% of 611 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs FRA:599: 3.98

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


Sands China  (FRA:599) 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 .


Sands China Interest Coverage Related Terms


Sands China Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sands China'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.

Sands China Interest Coverage Chart

Sands China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.51 3.63 3.98

Sands China Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.89 3.13 4.31 3.00 5.47

FRA:599 vs LVS, MGM, WYNN: Interest Coverage Comparison

For the Resorts & Casinos subindustry, Sands China'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.


Sands China Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sands China's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sands China's Interest Coverage falls into.


FRA:599
86GF Score
Sands China Ltd FRA:599
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sands China 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.

Sands China's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Sands China's Interest Expense was €-277 Mil. Its Operating Income was €1,102 Mil. And its Long-Term Debt & Capital Lease Obligation was €5,315 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1101.66/-276.696
=3.98

Sands China's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Sands China's Interest Expense was €-110 Mil. Its Operating Income was €602 Mil. And its Long-Term Debt & Capital Lease Obligation was €5,315 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*602.07/-110.166
=5.47

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 5.47 mean?
Sands China (FRA:599) has a Interest Coverage of 5.47 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sands China and its competitors. This is 41% below median its historical median of 9.21. Over the past decade, Sands China's Interest Coverage has ranged from 2.51 to 24.34. According to the industry distribution chart, Sands China ranks #353 out of 611 companies in the Travel & Leisure industry, placing it in the top 57.8%.
Is Sands China's Interest Coverage too high?
Sands China's current Interest Coverage of 5.47 is 41% below median its 10-year median of 9.21. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 24.34. The Travel & Leisure industry median Interest Coverage is 5.35. Sands China's value of 5.47 is 2.2% above this industry median. Based on the distribution chart, Sands China ranks #353 out of 611 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Sands China has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Sands China's Interest Coverage compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Sands China ranks #353 out of 611 companies for Interest Coverage. This places Sands China in the lower half of its industry. The industry median Interest Coverage is 5.35. Sands China's value of 5.47 is 2.2% above this benchmark. Historically, Sands China's own Interest Coverage has ranged from 2.51 to 24.34 over the past decade. While the company's 10-year median is 9.21 vs. the industry median of 5.35, Sands China has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sands China's current Interest Coverage of 5.47 is 2.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sands China and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sands China's current Interest Coverage is 5.47, which is 41% below median its own 10-year median of 9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sands China stock overvalued right now?
Sands China (FRA:599) has a current Interest Coverage of 5.47. The stock's GF Value™ is €23.68, compared to a current price of €13.40 — trading 43.4% below its estimated fair value. The current Interest Coverage is 5.47, which is 41% below median its 10-year median of 9.21 and 2.2% above the Travel & Leisure industry median of 5.35. Sands China's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sands China (FRA:599), the current Interest Coverage is 5.47 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sands China (FRA:599) Overvalued in 2026?

Based on GuruFocus' analysis, Sands China stock appears to be undervalued. The current stock price of €13.40 is trading 43.4% below its estimated GF Value™ of €23.68.

Key valuation signals for FRA:599:

  • Interest Coverage: 5.47 (41% below median its 10-year median of 9.21)
  • GF Value™: €23.68 vs. price of €13.40 (43.4% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 2.2% above the Travel & Leisure median (#353 of 611)

No single metric tells the full story. See the FRA:599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sands China Business Description

Address Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices - L2, Taipa, MAC
Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 23.5% market share in the Macao gaming sector in terms of gross gaming revenue as of 2025. Las Vegas Sands has a 74.8% stake in Sands China.
86GF Score

Get the complete analysis for FRA:599

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.40
Price
€23.68
GF Value