Schaffner Holding AG (XSWX:SAHN) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2023)

Schaffner Holding AG Interest Coverage Chart

Schaffner Holding AG Annual Data
	Trend	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22
Interest Coverage		Get a 7-Day Free Trial					20.65	11.28	5.82	5.56	98.71

Schaffner Holding AG Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Interest Coverage	Get a 7-Day Free Trial															5.31	N/A	9.72	N/A	No Debt

Competitive Comparison of Schaffner Holding AG's Interest Coverage

For the Electrical Equipment & Parts subindustry, Schaffner 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.

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

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

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

Schaffner 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Schaffner Holding AG's Interest Coverage for the fiscal year that ended in Sep. 2022 is calculated as

Here, for the fiscal year that ended in Sep. 2022, Schaffner Holding AG's Interest Expense was CHF-0.2 Mil. Its Operating Income was CHF15.4 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.3 Mil.

Schaffner Holding AG's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the six months ended in Mar. 2023, Schaffner Holding AG's Interest Expense was CHF0.0 Mil. Its Operating Income was CHF10.7 Mil. And its Long-Term Debt & Capital Lease Obligation was CHF0.0 Mil.

* 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.

Schaffner Holding AG  (XSWX:SAHN) 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 .

Schaffner Holding AG Interest Coverage Related Terms

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Schaffner Holding AG (XSWX:SAHN) Business Description