Sys-Dat SpA (MIL:SYS) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2025)

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What is Sys-Dat SpA 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. Sys-Dat SpA's Operating Income for the three months ended in Mar. 2025 was €2.09 Mil. Sys-Dat SpA's Interest Expense for the three months ended in Mar. 2025 was €0.00 Mil. Sys-Dat SpA has no debt. 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. Sys-Dat SpA 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 Sys-Dat SpA's Interest Coverage or its related term are showing as below:

MIL:SYS' s Interest Coverage Range Over the Past 10 Years
Min: 31.46 Med: 43.49 Max: 52.93
Current: 52.93

MIL:SYS's Interest Coverage is ranked better than
60.17% of 1672 companies
in the Software industry
Industry Median: 26.095 vs MIL:SYS: 52.93

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

Sys-Dat SpA Interest Coverage Historical Data

The historical data trend for Sys-Dat SpA'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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Sys-Dat SpA Interest Coverage Chart

Sys-Dat SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

N/A

45.39

41.58

31.46

46.48

Sys-Dat SpA Quarterly Data
	Dec20	Dec21	Dec22	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial				31.04	14.79	No Debt	N/A	No Debt

Competitive Comparison of Sys-Dat SpA's Interest Coverage

For the Information Technology Services subindustry, Sys-Dat SpA'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.

Sys-Dat SpA's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Sys-Dat SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sys-Dat SpA's Interest Coverage falls into.

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Sys-Dat SpA 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.

Sys-Dat SpA'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, Sys-Dat SpA's Interest Expense was €-0.18 Mil. Its Operating Income was €8.41 Mil. And its Long-Term Debt & Capital Lease Obligation was €5.13 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	8.412	/	-0.181
	=	46.48

Sys-Dat SpA's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Sys-Dat SpA's Interest Expense was €0.00 Mil. Its Operating Income was €2.09 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Sys-Dat SpA had no debt ⁽¹⁾.

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

Sys-Dat SpA (MIL:SYS) 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 .

Sys-Dat SpA Interest Coverage Related Terms

Thank you for viewing the detailed overview of Sys-Dat SpA's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Sys-Dat SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sys-Dat SpA (MIL:SYS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

9WH:Germany

Address

Via Muzio Attendolo called Sforza, 7/9, Milan, ITA, 20141

Website

https://www.sys-datgroup.com

Sys-Dat SpA is an IT solution company in Italy. The Group offers IT solutions for its clients such as fashion & luxury, manufacturing, ceramics, food & beverage, healthcare, logistics, publishing, banking, and professional services (law firms), retail, and distribution. Geographically, the company generates the majority of its revenue from Italy. The solutions provided by the company consist of Business Intelligence, Servizi Cloud, CRM, Retail & Sales Digital Suite, Controllo energetico, Digital Marketing, EDI, Gestione HR, and GDPR & Privacy.

Sys-Dat SpA Headlines

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Sys-Dat SpA (MIL:SYS) Interest Coverage : No Debt (1) (As of Mar. 2025)