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Societa Sportiva Lazio SPA (Societa Sportiva Lazio SPA) Interest Coverage : 6.99 (As of Dec. 2023)


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What is Societa Sportiva Lazio SPA 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. Societa Sportiva Lazio SPA's Operating Income for the six months ended in Dec. 2023 was $26.3 Mil. Societa Sportiva Lazio SPA's Interest Expense for the six months ended in Dec. 2023 was $-3.8 Mil. Societa Sportiva Lazio SPA's interest coverage for the quarter that ended in Dec. 2023 was 6.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Societa Sportiva Lazio SPA's Interest Coverage or its related term are showing as below:

SSLZF' s Interest Coverage Range Over the Past 10 Years
Min: 2.82   Med: 5.19   Max: 19.19
Current: 2.82


SSLZF's Interest Coverage is ranked worse than
77.38% of 619 companies
in the Media - Diversified industry
Industry Median: 11.87 vs SSLZF: 2.82

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


Societa Sportiva Lazio SPA Interest Coverage Historical Data

The historical data trend for Societa Sportiva Lazio SPA'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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Societa Sportiva Lazio SPA Interest Coverage Chart

Societa Sportiva Lazio SPA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
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Societa Sportiva Lazio SPA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 6.99

Competitive Comparison of Societa Sportiva Lazio SPA's Interest Coverage

For the Entertainment subindustry, Societa Sportiva Lazio SPA'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.


Societa Sportiva Lazio SPA's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Societa Sportiva Lazio SPA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Societa Sportiva Lazio SPA's Interest Coverage falls into.



Societa Sportiva Lazio SPA 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.

Societa Sportiva Lazio SPA's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Societa Sportiva Lazio SPA's Interest Expense was $-4.5 Mil. Its Operating Income was $-28.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Societa Sportiva Lazio SPA did not have earnings to cover the interest expense.

Societa Sportiva Lazio SPA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Societa Sportiva Lazio SPA's Interest Expense was $-3.8 Mil. Its Operating Income was $26.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*26.327/-3.764
=6.99

* 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.


Societa Sportiva Lazio SPA  (GREY:SSLZF) 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 .


Societa Sportiva Lazio SPA Interest Coverage Related Terms

Thank you for viewing the detailed overview of Societa Sportiva Lazio SPA's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Societa Sportiva Lazio SPA (Societa Sportiva Lazio SPA) Business Description

Traded in Other Exchanges
Address
Via di Santa Cornelia, Rome, ITA, 1000
Societa Sportiva Lazio SPA is a professional soccer club which belongs to the Italian Serie A division. The team is controlled by the food company Cirio S.p.A.

Societa Sportiva Lazio SPA (Societa Sportiva Lazio SPA) Headlines

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