Seach Medical Group (XTAE:SEMG) Interest Coverage : 0 (At Loss) (As of . 20)

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What is Seach Medical Group 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. Seach Medical Group's Operating Income for the three months ended in . 20 was ₪0.00 Mil. Seach Medical Group's Interest Expense for the three months ended in . 20 was ₪0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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

XTAE:SEMG's Interest Coverage is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 12.85
* 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.

Seach Medical Group Interest Coverage Historical Data

The historical data trend for Seach Medical Group'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.

Seach Medical Group Interest Coverage Chart

Seach Medical Group Annual Data

Trend

Interest Coverage

Seach Medical Group Quarterly Data

Interest Coverage

Competitive Comparison of Seach Medical Group's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Seach Medical Group'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.

Seach Medical Group's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Seach Medical Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Seach Medical Group's Interest Coverage falls into.

Seach Medical Group 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.

Seach Medical Group's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Seach Medical Group's Interest Expense was ₪0.00 Mil. Its Operating Income was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Seach Medical Group had no debt ⁽¹⁾.

Seach Medical Group's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Seach Medical Group's Interest Expense was ₪0.00 Mil. Its Operating Income was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₪0.00 Mil.

Seach Medical Group had no debt ⁽¹⁾.

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

Seach Medical Group (XTAE:SEMG) 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 .

Seach Medical Group Interest Coverage Related Terms

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

Seach Medical Group (XTAE:SEMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Seach Medical Group Ltd (XTAE:SEMG) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharf 23, PO Box 1074, Hod Hasharon, ISR, 45110

Website

http://www.seach.co.il

Seach Medical Group Ltd is engaged in growing medical cannabis strains. The medical cannabis, in its various forms, is supplied to patients with a medical marijuana. It offers a variety of strains and products suitable to all clients. The company develop new strains and products that are customized to respond to the needs of patients and doctors. The company operates at both ends of the value chain, on the one hand, propagation and cultivation of cannabis medical, and on the other hand, the distribution and sale of final products to end customers, and at the same time actively exports its products.

Seach Medical Group (XTAE:SEMG) Headlines

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