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Scientific and Medical Equipment House Co (SAU:4014) Interest Coverage : 3.69 (As of Mar. 2025)


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What is Scientific and Medical Equipment House Co 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. Scientific and Medical Equipment House Co's Operating Income for the three months ended in Mar. 2025 was ﷼13.8 Mil. Scientific and Medical Equipment House Co's Interest Expense for the three months ended in Mar. 2025 was ﷼-3.7 Mil. Scientific and Medical Equipment House Co's interest coverage for the quarter that ended in Mar. 2025 was 3.69. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Scientific and Medical Equipment House Co's Interest Coverage or its related term are showing as below:

SAU:4014' s Interest Coverage Range Over the Past 10 Years
Min: 1.79   Med: 2.43   Max: 5.97
Current: 2.12


SAU:4014's Interest Coverage is ranked worse than
86.83% of 448 companies
in the Medical Devices & Instruments industry
Industry Median: 17.235 vs SAU:4014: 2.12

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


Scientific and Medical Equipment House Co Interest Coverage Historical Data

The historical data trend for Scientific and Medical Equipment House Co'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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Scientific and Medical Equipment House Co Interest Coverage Chart

Scientific and Medical Equipment House Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial - 5.97 1.79 2.81 2.05

Scientific and Medical Equipment House Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.15 2.29 2.90 0.68 3.69

Competitive Comparison of Scientific and Medical Equipment House Co's Interest Coverage

For the Medical Instruments & Supplies subindustry, Scientific and Medical Equipment House Co'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.


Scientific and Medical Equipment House Co's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Scientific and Medical Equipment House Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Scientific and Medical Equipment House Co's Interest Coverage falls into.


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Scientific and Medical Equipment House Co 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.

Scientific and Medical Equipment House Co'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, Scientific and Medical Equipment House Co's Interest Expense was ﷼-28.0 Mil. Its Operating Income was ﷼57.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼15.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*57.588/-28.035
=2.05

Scientific and Medical Equipment House Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Scientific and Medical Equipment House Co's Interest Expense was ﷼-3.7 Mil. Its Operating Income was ﷼13.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼15.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*13.77/-3.731
=3.69

* 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.


Scientific and Medical Equipment House Co  (SAU:4014) 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 .


Scientific and Medical Equipment House Co Interest Coverage Related Terms

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Scientific and Medical Equipment House Co Business Description

Traded in Other Exchanges
N/A
Address
King Fahad service Road, P.O. Box 1584, Al-Mutammarat District, Riyadh, SAU, 12711
Scientific and Medical Equipment House Co is engaged in general contracting of buildings, roads, and bridges, maintaining, cleaning, managing, and operating medical centers, maintenance of scientific and medical equipment, wholesale and retail trade in medical, laboratorial, and scientific equipment and its accessories, import and export services, and catering services among others. The company's reportable segments are; Operation and maintenance, Medical equipment sales and post-sale maintenance services revenue, Construction segment, Meat and food segment, and Medicine and medical supplies. A majority of its revenue is generated from the Operation and maintenance segment which deals with the supply of medical and non-medical staff and medical equipment maintenance services.

Scientific and Medical Equipment House Co Headlines

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