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SFA Semicon Philippines (PHS:SSP) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is SFA Semicon Philippines 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. SFA Semicon Philippines's Operating Income for the three months ended in Mar. 2024 was ₱-141 Mil. SFA Semicon Philippines's Interest Expense for the three months ended in Mar. 2024 was ₱-22 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


PHS:SSP's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 19.46
* 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.


SFA Semicon Philippines Interest Coverage Historical Data

The historical data trend for SFA Semicon Philippines'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.

SFA Semicon Philippines Interest Coverage Chart

SFA Semicon Philippines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.42 4.19 6.12 9.60 -

SFA Semicon Philippines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.67 6.83 - - -

Competitive Comparison of SFA Semicon Philippines's Interest Coverage

For the Semiconductors subindustry, SFA Semicon Philippines'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.


SFA Semicon Philippines's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SFA Semicon Philippines's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SFA Semicon Philippines's Interest Coverage falls into.



SFA Semicon Philippines 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.

SFA Semicon Philippines's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, SFA Semicon Philippines's Interest Expense was ₱-85 Mil. Its Operating Income was ₱-212 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱1,188 Mil.

SFA Semicon Philippines did not have earnings to cover the interest expense.

SFA Semicon Philippines's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, SFA Semicon Philippines's Interest Expense was ₱-22 Mil. Its Operating Income was ₱-141 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱1,330 Mil.

SFA Semicon Philippines did not have earnings to cover the interest expense.

* 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.


SFA Semicon Philippines  (PHS:SSP) 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 .


SFA Semicon Philippines Interest Coverage Related Terms

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


SFA Semicon Philippines (PHS:SSP) Business Description

Traded in Other Exchanges
N/A
Address
Panday Pira Avenue, Corner Creekside Road, Clark Freeport Zone, Pampanga, PHL
SFA Semicon Philippines Corp is a manufacturer of semiconductor and memory devices. It is engaged in the construction, ownership, and operation of the plant for the manufacture, assembly, test, and warehousing of semiconductor and memory devices and applications and related products. The company offers a range of products such as memory chips and modules for digital cameras, personal computers, workstations and servers, micro secure digital cards for smartphones, digital multimedia broadcasting, phone, personal digital assistant, and Blister packing.