SVIN (Scheid Vineyards) Interest Coverage: 0 (At Loss) (As of Aug. 2023)


SVIN Scheid Vineyards Inc SVIN
12 GF Score
Price $0.88
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What is Scheid Vineyards Interest Coverage?

Scheid Vineyards SVIN 12 Interest Coverage is 0 (At Loss) as of Aug. 2023. GuruFocus rates SVIN with a GF Score™ of 12/100.

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. Scheid Vineyards's Operating Income for the six months ended in Aug. 2023 was $-3.79 Mil. Scheid Vineyards's Interest Expense for the six months ended in Aug. 2023 was $-3.01 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 Scheid Vineyards's Interest Coverage or its related term are showing as below:


SVIN's Interest Coverage is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 8.63
* 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.


Scheid Vineyards  (OTCPK:SVIN) 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 .


Scheid Vineyards Interest Coverage Related Terms


Scheid Vineyards Interest Coverage Historical Data

* Premium members only.

The historical data trend for Scheid Vineyards'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.

Scheid Vineyards Interest Coverage Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.79 0.00 0.00 0.00

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 0.00 0.00 0.00 0.00 0.00

SVIN vs LQR, EAST, SRSG: Interest Coverage Comparison

For the Beverages - Wineries & Distilleries subindustry, Scheid Vineyards'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.


Scheid Vineyards Interest Coverage vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Scheid Vineyards's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Scheid Vineyards's Interest Coverage falls into.


SVIN
12GF Score
Scheid Vineyards Inc SVIN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Scheid Vineyards 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.

Scheid Vineyards's Interest Coverage for the fiscal year that ended in Feb. 2020 is calculated as

Here, for the fiscal year that ended in Feb. 2020, Scheid Vineyards's Interest Expense was $-4.79 Mil. Its Operating Income was $-12.08 Mil. And its Long-Term Debt & Capital Lease Obligation was $84.30 Mil.

Scheid Vineyards did not have earnings to cover the interest expense.

Scheid Vineyards's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Here, for the six months ended in Aug. 2023, Scheid Vineyards's Interest Expense was $-3.01 Mil. Its Operating Income was $-3.79 Mil. And its Long-Term Debt & Capital Lease Obligation was $88.62 Mil.

Scheid Vineyards 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?
Scheid Vineyards (SVIN) has a Interest Coverage of 0 (At Loss) as of Aug. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Scheid Vineyards and its competitors.
Is Scheid Vineyards' Interest Coverage too high?
Scheid Vineyards' current Interest Coverage is 0 (At Loss). Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' Interest Coverage compare to LQR and EAST?
Scheid Vineyards' Interest Coverage of 0 (At Loss) can be compared against companies in the Beverages - Alcoholic industry. The industry median Interest Coverage is 8.63. 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 Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.63, based on 159 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 Scheid Vineyards and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scheid Vineyards'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 Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Scheid Vineyards' overall GF Score™ is 12/100. 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 Scheid Vineyards (SVIN), the current Interest Coverage is 0 (At Loss) as of Aug. 2023. 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.

Scheid Vineyards Business Description

Address 305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
12GF Score

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$0.88
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