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Stillfront Group AB (Stillfront Group AB) Interest Coverage : 1.23 (As of Mar. 2024)


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What is Stillfront Group AB 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. Stillfront Group AB's Operating Income for the three months ended in Mar. 2024 was $13.0 Mil. Stillfront Group AB's Interest Expense for the three months ended in Mar. 2024 was $-10.6 Mil. Stillfront Group AB's interest coverage for the quarter that ended in Mar. 2024 was 1.23. The higher the ratio, the stronger the company's financial strength is.

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

STLFF' s Interest Coverage Range Over the Past 10 Years
Min: 1.26   Med: 6.84   Max: No Debt
Current: 1.26


STLFF's Interest Coverage is ranked worse than
93.95% of 314 companies
in the Interactive Media industry
Industry Median: 36.58 vs STLFF: 1.26

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


Stillfront Group AB Interest Coverage Historical Data

The historical data trend for Stillfront Group AB'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.

Stillfront Group AB Interest Coverage Chart

Stillfront Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.84 5.95 6.45 2.38 1.49

Stillfront Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.45 2.68 1.44 0.34 1.23

Competitive Comparison of Stillfront Group AB's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Stillfront Group AB'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.


Stillfront Group AB's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Stillfront Group AB's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Stillfront Group AB's Interest Coverage falls into.



Stillfront Group AB 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.

Stillfront Group AB'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, Stillfront Group AB's Interest Expense was $-48.8 Mil. Its Operating Income was $72.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $472.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*72.922/-48.842
=1.49

Stillfront Group AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Stillfront Group AB's Interest Expense was $-10.6 Mil. Its Operating Income was $13.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $411.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*12.967/-10.565
=1.23

* 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.


Stillfront Group AB  (OTCPK:STLFF) 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 .


Stillfront Group AB Interest Coverage Related Terms

Thank you for viewing the detailed overview of Stillfront Group AB's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Stillfront Group AB (Stillfront Group AB) Business Description

Traded in Other Exchanges
Address
Kungsgatan 38, Stockholm, SWE, SE-111 35
Stillfront Group AB is a Swedish game development company focusing on the free-to-play segment. The company has a diversified portfolio of games and focuses on games with long lifecycles and loyal users. Stillfront group consists of game studios in different countries and the company's main markets are the US, Europe, and the MENA region. The studios owned by the group include Goodgame Studios, Storm8, and Babil Games.

Stillfront Group AB (Stillfront Group AB) Headlines

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