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SINA (SINA) Interest Coverage : N/A (As of Jun. 2020)


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What is SINA 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. SINA's Operating Income for the three months ended in Jun. 2020 was $79 Mil. SINA's Interest Expense for the three months ended in Jun. 2020 was $0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


SINA's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 36.06
* 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.


SINA Interest Coverage Historical Data

The historical data trend for SINA'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.

SINA Interest Coverage Chart

SINA Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 8.65 85.27 23.63 10.70

SINA Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 N/A N/A N/A N/A N/A

Competitive Comparison of SINA's Interest Coverage

For the Internet Content & Information subindustry, SINA'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.


SINA's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, SINA's Interest Coverage distribution charts can be found below:

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



SINA 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.

SINA's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, SINA's Interest Expense was $-35 Mil. Its Operating Income was $370 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,718 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2019 )/Interest Expense (A: Dec. 2019 )
=-1*370.279/-34.595
=10.70

SINA's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Here, for the three months ended in Jun. 2020, SINA's Interest Expense was $0 Mil. Its Operating Income was $79 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,773 Mil.

GuruFocus does not calculate SINA's interest coverage with the available data.

* 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.


SINA  (NAS:SINA) 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 .


SINA Interest Coverage Related Terms

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


SINA (SINA) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 10, the West Xibeiwang East Road, No. 8 SINA Plaza, Haidian District, Beijing, CHN, 100193
Sina is a leading online media company in China, established in 1998. In 2009, Sina launched the first Twitter-like social media platform in China, Weibo, which has reached 361 million monthly active users and 159 million daily active users. Sina holds 46% of shares and has 72% voting power in Weibo, and Alibaba holds 31.4% of shares and 14.8% voting power. About 85% of net revenue is from online advertising, with 29.5% from portal advertising and 55.4% from Weibo advertising.
Executives
Hurst Lin director
Yan Wang director
Benjamin S Tsiang officer: Executive Vice President
Pehong Chen director 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Yongji Duan director NO 2 HAIDIAN ROAD C/O PATRICK NG ZHONGGUANCUN F4 00000
Ter Fung Tsao director 2988 CAMPUS DRIVE STE 100 SAN MATEO CA 94403
Yi Chen Zhang director 28/F CITIC TOWER 1 TIM MEI AVENUE HONG KONG K3 00000
Xiaotao Chen director C/O STONE ELECTRONIC TECHNOLOGY 27/F, K. WAH CENTRE, 191 JAVA ROAD NORTH POINT K3
Song-yi Zhang director C/O: 10/F, FUNG HOUSE, 19-20 CONNAUGHT ROAD CENTRAL, HONG KONG K3 -
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Charles Guowei Chao director, officer: CEO & President
Herman Yu officer: Acting Chief Financial Officer C/O SINA, 20F, IDEAL PLAZA NO. 58, NORTH 4TH RING ROAD WEST HAIDIAN DISTRICT, BE F4 100080
Daniel Chiang director
Shanda Interactive Entertainment Ltd 10 percent owner NO. 208 JULI ROAD PUDONG NEW AREA SHANGHAI F4 201203
Skyline Media Ltd 10 percent owner PALM GROVE HOUSE P.O. BOX 438 ROAD TOWN, TORTOLA D8 00000