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SEG (Seaport Entertainment Group) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Seaport Entertainment Group 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. Seaport Entertainment Group's Operating Income for the three months ended in Dec. 2024 was $-25.3 Mil. Seaport Entertainment Group's Interest Expense for the three months ended in Dec. 2024 was $2.1 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 Seaport Entertainment Group's Interest Coverage or its related term are showing as below:


SEG's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.98
* 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.


Seaport Entertainment Group Interest Coverage Historical Data

The historical data trend for Seaport Entertainment Group'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.

Seaport Entertainment Group Interest Coverage Chart

Seaport Entertainment Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Seaport Entertainment Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Seaport Entertainment Group's Interest Coverage

For the Real Estate Services subindustry, Seaport Entertainment Group'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.


Seaport Entertainment Group's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seaport Entertainment Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Seaport Entertainment Group's Interest Coverage falls into.


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Seaport Entertainment Group 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.

Seaport Entertainment Group'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, Seaport Entertainment Group's Interest Expense was $-6.8 Mil. Its Operating Income was $-101.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $149.1 Mil.

Seaport Entertainment Group did not have earnings to cover the interest expense.

Seaport Entertainment Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Seaport Entertainment Group's Interest Expense was $2.1 Mil. Its Operating Income was $-25.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $149.1 Mil.

* 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.


Seaport Entertainment Group  (AMEX:SEG) 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 .


Seaport Entertainment Group Interest Coverage Related Terms

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Seaport Entertainment Group Business Description

Traded in Other Exchanges
Address
199 Water Street, 28th Floor, New York, NY, USA, 10038
Seaport Entertainment Group Inc own, operate and develop a collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Sponsorships, Events, and Entertainment which consists of baseball operations of the Aviators and Las Vegas Ballpark along with sponsorships, events, and other revenue generated at the Seaport in New York.