GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sysma Holdings Ltd (SGX:5UO) » Definitions » Interest Coverage

Sysma Holdings (SGX:5UO) Interest Coverage : 0 (At Loss) (As of Jan. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Sysma Holdings 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. Sysma Holdings's Operating Income for the six months ended in Jan. 2023 was S$-2.18 Mil. Sysma Holdings's Interest Expense for the six months ended in Jan. 2023 was S$-0.29 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 Sysma Holdings's Interest Coverage or its related term are showing as below:


SGX:5UO's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.28
* 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.


Sysma Holdings Interest Coverage Historical Data

The historical data trend for Sysma Holdings'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.

Sysma Holdings Interest Coverage Chart

Sysma Holdings Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.66 5.28 2.32

Sysma Holdings Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 - 18.40 - 16.33 -

Competitive Comparison of Sysma Holdings's Interest Coverage

For the Engineering & Construction subindustry, Sysma Holdings'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.


Sysma Holdings's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sysma Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sysma Holdings's Interest Coverage falls into.


;
;

Sysma Holdings 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.

Sysma Holdings's Interest Coverage for the fiscal year that ended in Jul. 2022 is calculated as

Here, for the fiscal year that ended in Jul. 2022, Sysma Holdings's Interest Expense was S$-0.44 Mil. Its Operating Income was S$1.02 Mil. And its Long-Term Debt & Capital Lease Obligation was S$14.90 Mil.

Interest Coverage=-1* Operating Income (A: Jul. 2022 )/Interest Expense (A: Jul. 2022 )
=-1*1.016/-0.438
=2.32

Sysma Holdings's Interest Coverage for the quarter that ended in Jan. 2023 is calculated as

Here, for the six months ended in Jan. 2023, Sysma Holdings's Interest Expense was S$-0.29 Mil. Its Operating Income was S$-2.18 Mil. And its Long-Term Debt & Capital Lease Obligation was S$13.39 Mil.

Sysma Holdings 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.


Sysma Holdings  (SGX:5UO) 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 .


Sysma Holdings Interest Coverage Related Terms

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


Sysma Holdings Business Description

Traded in Other Exchanges
N/A
Address
Block 2 Balestier Road, No. 03-669, Balestier Hill Shopping Centre, Singapore, SGP, 320002
Sysma Holdings Ltd is a construction company with diversified interests in real estate. The company constructs residential, commercial, heritage and conservation, institutional, industrial buildings and educational institutions. Its segments consist of Construction which constitutes general builders and construction contractors and general engineering; Property development engaged in the development of residential and commercial projects; and Investment Holding which invests in unquoted equity shares of subsidiaries. The company derives the majority of its revenue from the Building construction segment in Singapore.

Sysma Holdings Headlines

No Headlines