SLHPF.PFD (Skylight Health Group) Interest Coverage: 0 (At Loss) (As of Jun. 2022)

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SLHPF.PFD Skylight Health Group Inc SLHPF.PFD
12 GF Score
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What is Skylight Health Group Interest Coverage?

Skylight Health Group SLHPF.PFD 12 Interest Coverage is 0 (At Loss) as of Jun. 2022. GuruFocus rates SLHPF.PFD with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

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. Skylight Health Group's Operating Income for the three months ended in Jun. 2022 was $-5.21 Mil. Skylight Health Group's Interest Expense for the three months ended in Jun. 2022 was $-0.70 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 Skylight Health Group's Interest Coverage or its related term are showing as below:


SLHPF.PFD's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.7
* 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.


Skylight Health Group  (OTCPK:SLHPF.PFD) 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 .


Skylight Health Group Interest Coverage Related Terms


Skylight Health Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Skylight Health 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.

Skylight Health Group Interest Coverage Chart

Skylight Health Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Interest Coverage
No Debt 0.00 0.00 0.00

Skylight Health Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.00 0.00 0.00 0.00 0.00

SLHPF.PFD vs HCA: Interest Coverage Comparison

For the Medical Care Facilities subindustry, Skylight Health 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.


Skylight Health Group Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Skylight Health Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Skylight Health Group's Interest Coverage falls into.


SLHPF.PFD
12GF Score
Skylight Health Group Inc SLHPF.PFD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Skylight Health 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.

Skylight Health Group's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Skylight Health Group's Interest Expense was $-1.02 Mil. Its Operating Income was $-15.98 Mil. And its Long-Term Debt & Capital Lease Obligation was $11.35 Mil.

Skylight Health Group did not have earnings to cover the interest expense.

Skylight Health Group's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Here, for the three months ended in Jun. 2022, Skylight Health Group's Interest Expense was $-0.70 Mil. Its Operating Income was $-5.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $21.98 Mil.

Skylight Health Group 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Skylight Health Group (SLHPF.PFD) has a Interest Coverage of 0 (At Loss) as of Jun. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Skylight Health Group and its competitors.
Is Skylight Health Group's Interest Coverage too high?
Skylight Health Group's current Interest Coverage is 0 (At Loss). Overall, Skylight Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Skylight Health Group's Interest Coverage compare to HCA?
Skylight Health Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Healthcare Providers & Services industry. The industry median Interest Coverage is 7.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.70, based on 454 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Skylight Health Group and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skylight Health Group's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylight Health Group stock overvalued right now?
Skylight Health Group (SLHPF.PFD) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Skylight Health Group's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Skylight Health Group (SLHPF.PFD), the current Interest Coverage is 0 (At Loss) as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylight Health Group Business Description

Address 5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1
Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.
12GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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