Swisslog Holding AG (XSWX:SLOG) Interest Coverage : 6.62 (As of Dec. 2014)

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What is Swisslog Holding AG 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. Swisslog Holding AG's Operating Income for the six months ended in Dec. 2014 was CHF8.6 Mil. Swisslog Holding AG's Interest Expense for the six months ended in Dec. 2014 was CHF-1.3 Mil. Swisslog Holding AG's interest coverage for the quarter that ended in Dec. 2014 was 6.62. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Swisslog Holding AG's Interest Coverage or its related term are showing as below:

XSWX:SLOG' s Interest Coverage Range Over the Past 10 Years
Min: 0 Med: 0 Max: 5.65
Current: 5.65

XSWX:SLOG's Interest Coverage is not ranked
in the Industrial Products industry.
Industry Median: 13.69 vs XSWX:SLOG: 5.65

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

Swisslog Holding AG Interest Coverage Historical Data

The historical data trend for Swisslog Holding AG'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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Swisslog Holding AG Interest Coverage Chart

Swisslog Holding AG Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Coverage

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11.82

No Debt

24.14

205.00

5.65

Swisslog Holding AG Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Interest Coverage	Get a 7-Day Free Trial							No Debt	18.00	No Debt	4.69	6.62

Competitive Comparison of Swisslog Holding AG's Interest Coverage

For the Specialty Industrial Machinery subindustry, Swisslog Holding AG'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.

Swisslog Holding AG's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Swisslog Holding AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Swisslog Holding AG's Interest Coverage falls into.

Swisslog Holding AG 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.

Swisslog Holding AG's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Swisslog Holding AG's Interest Expense was CHF-2.6 Mil. Its Operating Income was CHF14.7 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2014 )	/	Interest Expense (A: Dec. 2014 )
	=	-1	*	14.7	/	-2.6
	=	5.65

Swisslog Holding AG's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Here, for the six months ended in Dec. 2014, Swisslog Holding AG's Interest Expense was CHF-1.3 Mil. Its Operating Income was CHF8.6 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2014 )	/	Interest Expense (Q: Dec. 2014 )
	=	-1	*	8.6	/	-1.3
	=	6.62

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

Swisslog Holding AG (XSWX:SLOG) 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 .

Swisslog Holding AG Interest Coverage Related Terms

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

Swisslog Holding AG (XSWX:SLOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Swisslog Holding AG (XSWX:SLOG) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Website

http://www.swisslog.com

Swisslog Holding AG was founded in 1898 and is headquartered in Buchs, Switzerland. The Company provides integrated logistics solutions. The company operates through two segments, Healthcare Solutions and Warehouse & Distribution Solutions. The Healthcare Solutions segment provides logistics automation solutions for the movement and processing of materials and medications within and throughout healthcare facilities. It offers automated materials transport systems that transport medication, specimen, and basic supplies in hospitals; and automated drug management systems, which offer medication management for hospital pharmacies. This segment also provides various services, such as consulting, design, manufacturing, installation, and training, as well as customer support, including hotline, maintenance, and modernization services. The Warehouse & Distribution Solutions segment delivers industry-specific solutions for automated warehouses and distribution centers. The segment also provides consulting services, software solutions, logistic equipment, general contracting, implementation, and lifetime support services.

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