SDC - Investimentos SGPS (XLIS:SDCP.PFD) Interest Coverage : 24.62 (As of Dec. 2020)

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What is SDC - Investimentos SGPS 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. SDC - Investimentos SGPS's Operating Income for the six months ended in Dec. 2020 was €16.45 Mil. SDC - Investimentos SGPS's Interest Expense for the six months ended in Dec. 2020 was €-0.67 Mil. SDC - Investimentos SGPS's interest coverage for the quarter that ended in Dec. 2020 was 24.62. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for SDC - Investimentos SGPS's Interest Coverage or its related term are showing as below:

XLIS:SDCP.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 0.11 Med: 5.6 Max: 24.62
Current: 24.62

XLIS:SDCP.PFD's Interest Coverage is not ranked
in the Construction industry.
Industry Median: 7.06 vs XLIS:SDCP.PFD: 24.62

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

SDC - Investimentos SGPS Interest Coverage Historical Data

The historical data trend for SDC - Investimentos SGPS'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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SDC - Investimentos SGPS Interest Coverage Chart

SDC - Investimentos SGPS Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Coverage

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10.13

24.62

SDC - Investimentos SGPS Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Interest Coverage	Get a 7-Day Free Trial														-	-	-	10.13	24.62

Competitive Comparison of SDC - Investimentos SGPS's Interest Coverage

For the Engineering & Construction subindustry, SDC - Investimentos SGPS'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.

SDC - Investimentos SGPS's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, SDC - Investimentos SGPS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SDC - Investimentos SGPS's Interest Coverage falls into.

SDC - Investimentos SGPS 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.

SDC - Investimentos SGPS's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, SDC - Investimentos SGPS's Interest Expense was €-0.67 Mil. Its Operating Income was €16.45 Mil. And its Long-Term Debt & Capital Lease Obligation was €24.77 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2020 )	/	Interest Expense (A: Dec. 2020 )
	=	-1	*	16.449	/	-0.668
	=	24.62

SDC - Investimentos SGPS's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the six months ended in Dec. 2020, SDC - Investimentos SGPS's Interest Expense was €-0.67 Mil. Its Operating Income was €16.45 Mil. And its Long-Term Debt & Capital Lease Obligation was €24.77 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2020 )	/	Interest Expense (Q: Dec. 2020 )
	=	-1	*	16.449	/	-0.668
	=	24.62

The higher the ratio, the stronger the company's Financial Strength is.

SDC - Investimentos SGPS (XLIS:SDCP.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 .

SDC - Investimentos SGPS Interest Coverage Related Terms

Thank you for viewing the detailed overview of SDC - Investimentos SGPS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

SDC - Investimentos SGPS (XLIS:SDCP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SDC - Investimentos SGPS SA (XLIS:SDCP.PFD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida de Berna No. 30 - 2 B, Lisboa, PRT, 1050-042

Website

http://www.soaresdacosta.pt

SDC - Investimentos SGPS SA is engaged in the civil construction and public works sector. The company focuses on three area namely Civil construction includes housing, office, hotel, and tourism buildings, restoration and remodeling of buildings. Infrastructures include education, culture and sports facilities, industrial facilities, health and care centers, airports, roads, motorways, viaducts and bridges, tunnels, railway, hydraulic, environmental infrastructures and other urban infrastructures. Technical installations include electricity, telecommunications, technical management, heating, ventilation, air conditioning, hydraulics, water treatment, design, manufacture, and assembly of metal structures. Its serves in Portugal, Angola, Mozambique, United States, Brazil, and Romania.

SDC - Investimentos SGPS (XLIS:SDCP.PFD) Headlines

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