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Spackman Entertainment Group (SGX:40E) Interest Coverage : N/A (As of Jun. 2024)


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What is Spackman 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. Spackman Entertainment Group's Operating Income for the three months ended in Jun. 2024 was S$0.00 Mil. Spackman Entertainment Group's Interest Expense for the three months ended in Jun. 2024 was S$0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Spackman Entertainment Group's Interest Coverage or its related term are showing as below:


SGX:40E's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.835
* 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.


Spackman Entertainment Group Interest Coverage Historical Data

The historical data trend for Spackman 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.

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Spackman Entertainment Group Interest Coverage Chart

Spackman Entertainment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Spackman Entertainment Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
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 - - N/A N/A N/A

Competitive Comparison of Spackman Entertainment Group's Interest Coverage

For the Entertainment subindustry, Spackman 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.


Spackman Entertainment Group's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Spackman Entertainment Group's Interest Coverage distribution charts can be found below:

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



Spackman 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.

Spackman Entertainment Group'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, Spackman Entertainment Group's Interest Expense was S$-0.15 Mil. Its Operating Income was S$-5.36 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.56 Mil.

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

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

Here, for the three months ended in Jun. 2024, Spackman Entertainment Group's Interest Expense was S$0.00 Mil. Its Operating Income was S$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.50 Mil.

GuruFocus does not calculate Spackman Entertainment Group's interest coverage with the available data.

* 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.


Spackman Entertainment Group  (SGX:40E) 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 .


Spackman Entertainment Group Interest Coverage Related Terms

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Spackman Entertainment Group Business Description

Traded in Other Exchanges
N/A
Address
111 Somerset Road, No. 05-13, Singapore, SGP, 238164
Spackman Entertainment Group Ltd is engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea. In addition to the film business, it also makes investments in entertainment companies and film funds. The business of the company operates in various segments that include the Distribution of Films, Production of Films, Talent management, Restaurant sales, Consulting services, and Photography. The Distribution of Film segment generates maximum revenue for the company. The company caters only to the Korean market.

Spackman Entertainment Group Headlines

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