Sea (MEX:SEN) Interest Coverage: 361.79 (As of Mar. 2026) — 1995% Above Median


MEX:SEN Sea Ltd MEX:SEN
84 GF Score
Price MXN1,584.00
GF Value MXN2,370.57
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Sea Interest Coverage?

Sea MEX:SEN -3.33% 84 Interest Coverage is 361.79 as of Mar. 2026, which is 1995% above its 10-year median of 17.27. GuruFocus rates MEX:SEN with a GF Score™ of 84/100 and a GF Value™ of MXN2,370.57 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 828 Retail - Cyclical companies, Sea ranks better than 86.11% 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. Sea's Operating Income for the three months ended in Mar. 2026 was MXN10,693 Mil. Sea's Interest Expense for the three months ended in Mar. 2026 was MXN-30 Mil. Sea's interest coverage for the quarter that ended in Mar. 2026 was 361.79. 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. Sea Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

MEX:SEN' s Interest Coverage Range Over the Past 10 Years
Min: 8.34   Med: 17.27   Max: 81.09
Current: 81.09


MEX:SEN's Interest Coverage is ranked better than
86.11% of 828 companies
in the Retail - Cyclical industry
Industry Median: 7.915 vs MEX:SEN: 81.09

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


Sea  (MEX:SEN) 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 .


Sea Interest Coverage Related Terms


Sea Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sea'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.

Sea Interest Coverage Chart

Sea 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 8.34 17.27 59.07

Sea Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 50.26 54.35 53.50 84.88 361.79

MEX:SEN vs EBAY, DASH, JD: Interest Coverage Comparison

For the Internet Retail subindustry, Sea'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.


Sea Interest Coverage vs Retail - Cyclical Industry

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

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


MEX:SEN
84GF Score
Sea Ltd MEX:SEN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea 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.

Sea'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, Sea's Interest Expense was MXN-605 Mil. Its Operating Income was MXN35,747 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN29,941 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*35746.824/-605.172
=59.07

Sea's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sea's Interest Expense was MXN-30 Mil. Its Operating Income was MXN10,693 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN34,936 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10693.157/-29.556
=361.79

* 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 361.79 mean?
Sea (MEX:SEN) has a Interest Coverage of 361.79 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sea and its competitors. This is 1995% above median its historical median of 17.27. Over the past decade, Sea's Interest Coverage has ranged from 8.34 to 81.09. According to the industry distribution chart, Sea ranks #115 out of 828 companies in the Retail - Cyclical industry, placing it in the top 13.9%.
Is Sea's Interest Coverage too high?
Sea's current Interest Coverage of 361.79 is 1995% above median its 10-year median of 17.27. Over the past 10 years, this metric has ranged from a low of 8.34 to a high of 81.09. The Retail - Cyclical industry median Interest Coverage is 7.92. Sea's value of 361.79 is 4470.9% above this industry median. Based on the distribution chart, Sea ranks #115 out of 828 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Sea has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea's Interest Coverage compare to EBAY and DASH?
According to the Retail - Cyclical industry distribution chart, Sea ranks #115 out of 828 companies for Interest Coverage. This places Sea in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.92. Sea's value of 361.79 is 4470.9% above this benchmark. Historically, Sea's own Interest Coverage has ranged from 8.34 to 81.09 over the past decade. While the company's 10-year median is 17.27 vs. the industry median of 7.92, Sea 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.92, based on 828 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. Sea's current Interest Coverage of 361.79 is 4470.9% 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 Sea and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea's current Interest Coverage is 361.79, which is 1995% above median its own 10-year median of 17.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea stock overvalued right now?
Based on GuruFocus' analysis, Sea (MEX:SEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN2,370.57, compared to a current price of MXN1,584.00 — trading 33.2% below its estimated fair value. The current Interest Coverage is 361.79, which is 1995% above median its 10-year median of 17.27 and 4470.9% above the Retail - Cyclical industry median of 7.92. Sea's overall GF Score™ is 84/100 with 2 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 Sea (MEX:SEN), the current Interest Coverage is 361.79 as of Mar. 2026. 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 Sea (MEX:SEN) Overvalued in 2026?

Based on GuruFocus' analysis, Sea stock appears to be undervalued. The current stock price of MXN1,584.00 is trading 33.2% below its estimated GF Value™ of MXN2,370.57. GuruFocus considers Sea to be Significantly Undervalued.

Key valuation signals for MEX:SEN:

  • Interest Coverage: 361.79 (1995% above median its 10-year median of 17.27)
  • GF Value™: MXN2,370.57 vs. price of MXN1,584.00 (33.2% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 4470.9% above the Retail - Cyclical median (#115 of 828)

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


Sea Business Description

Address 1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522
Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid consumer-to-consumer and business-to-consumer marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue-generating game. Sea's third business, Monee, provides lending, payment, digital banking, and insurance services. As of March 2025, Forrest Li, the founder, chair, and CEO, owned 59.1% of the voting power. Tencent owned 18.5% of issued shares with no voting power.
84GF Score

Get the complete analysis for MEX:SEN

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

MXN1,584.00
Price
MXN2,370.57
GF Value