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. Service International's
Operating Income
for the
three
months ended in Sep. 2024 was $209 Mil. Service International's Interest Expense for the
three
months ended in Sep. 2024 was $-66 Mil.
Service International's interest coverage for the quarter that ended in Sep. 2024 was 3.17.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Service International's Interest Coverage or its related term are showing as below:
SCI'
s Interest Coverage Range Over the Past 10 Years
Min: 2.76 Med: 3.4 Max: 7.74
Current: 3.49
SCI's Interest Coverage is ranked worse than 79.49% of 78
companies
in the Personal Services industry
Industry Median: 11.715
vs SCI: 3.49
Service International Interest Coverage Historical Data
The historical data trend for Service International'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.
Competitive Comparison of Service International's Interest Coverage
For the Personal Services subindustry, Service International'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.
Service International's Interest Coverage Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Service International's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Service International's Interest Coverage falls into.
Service International 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:
* 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.
Service International (NYSE:SCI) 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 .
Service International Interest Coverage Related Terms
Thank you for viewing the detailed overview of Service International's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates an amount of the company's total income. Geographically, the company derives majority share of revenue from the United States.
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