TalkMed Group (SGX:5G3) Interest Coverage : 110.55 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is TalkMed 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. TalkMed Group's Operating Income for the six months ended in Dec. 2023 was S$22.00 Mil. TalkMed Group's Interest Expense for the six months ended in Dec. 2023 was S$-0.20 Mil. TalkMed Group's interest coverage for the quarter that ended in Dec. 2023 was 110.55. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TalkMed Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

SGX:5G3' s Interest Coverage Range Over the Past 10 Years
Min: 55.18 Med: 113.31 Max: No Debt
Current: 109.65

SGX:5G3's Interest Coverage is ranked better than
82.76% of 406 companies
in the Healthcare Providers & Services industry
Industry Median: 9 vs SGX:5G3: 109.65

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

TalkMed Group Interest Coverage Historical Data

The historical data trend for TalkMed 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.

TalkMed Group Interest Coverage Chart

TalkMed Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

105.29

55.18

70.14

113.31

109.65

TalkMed Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															88.12	85.27	144.43	108.51	110.55

Competitive Comparison of TalkMed Group's Interest Coverage

For the Medical Care Facilities subindustry, TalkMed 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.

TalkMed Group's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, TalkMed Group's Interest Coverage distribution charts can be found below:

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

TalkMed 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.

TalkMed Group'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, TalkMed Group's Interest Expense was S$-0.36 Mil. Its Operating Income was S$39.04 Mil. And its Long-Term Debt & Capital Lease Obligation was S$4.45 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	39.035	/	-0.356
	=	109.65

TalkMed Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, TalkMed Group's Interest Expense was S$-0.20 Mil. Its Operating Income was S$22.00 Mil. And its Long-Term Debt & Capital Lease Obligation was S$4.45 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	21.999	/	-0.199
	=	110.55

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

TalkMed Group (SGX:5G3) 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 .

TalkMed Group Interest Coverage Related Terms

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

TalkMed Group (SGX:5G3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TalkMed Group Ltd (SGX:5G3) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Mount Elizabeth, Mount Elizabeth Hospital Level 2, Singapore, SGP, 228510

Website

https://www.talkmed.com.sg

TalkMed Group Ltd operates as an investment holding company. It is a provider of medical oncology, stem cell transplants and palliative care services, serving patients in Singapore and the region. Outside Singapore, the Group operates in Vietnam, Hong Kong and the People's Republic of China. The activities of the company are the provision of medical oncology services and palliative care healthcare services in Singapore. It is organized into three reportable operating segments, Oncology Services, Stem Cells Services and Cellular and gene therapy-related products and services. The company has operational footprints across Singapore, Hong Kong and Vietnam of which Singapore contributes the vast majority of total revenue. It generates maximum revenue from the Oncology services segment.

TalkMed Group (SGX:5G3) Headlines

No Headlines