GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » SciPlay Corp (NAS:SCPL) » Definitions » Interest Coverage

SciPlay (SciPlay) Interest Coverage : N/A (As of Jun. 2023)


View and export this data going back to 2019. Start your Free Trial

What is SciPlay 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. SciPlay's Operating Income for the three months ended in Jun. 2023 was $41.0 Mil. SciPlay's Interest Expense for the three months ended in Jun. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

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

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


SCPL's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 37.1
* 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.


SciPlay Interest Coverage Historical Data

The historical data trend for SciPlay'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.

SciPlay Interest Coverage Chart

SciPlay Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial No Debt N/A N/A N/A N/A

SciPlay Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 SciPlay's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, SciPlay'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.


SciPlay's Interest Coverage Distribution in the Interactive Media Industry

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

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



SciPlay 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.

SciPlay's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, SciPlay's Interest Expense was $0.0 Mil. Its Operating Income was $153.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.1 Mil.

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

SciPlay's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, SciPlay's Interest Expense was $0.0 Mil. Its Operating Income was $41.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.9 Mil.

GuruFocus does not calculate SciPlay'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.


SciPlay  (NAS:SCPL) 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 .


SciPlay Interest Coverage Related Terms

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


SciPlay (SciPlay) Business Description

Traded in Other Exchanges
N/A
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
SciPlay Corp develops, markets, and operates a portfolio of social games played on various mobile and web platforms, including Jackpot Party Casino, Quick Hit Slots, Gold Fish Casino, Hot Shot Casino, Bingo Showdown, MONOPOLY Slots, and 88 Fortunes Slots and a solitaire social game targeted toward casual game players, among others. Its games are available in various formats. The company operates in one segment with one business activity, developing and monetizing social games.
Executives
Gerald D. Cohen director C/O SCIPLAY CORP, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Daniel Oquinn officer: Interim CFO C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
James Bombassei officer: EVP, CFO and Secretary C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Antonia Korsanos director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
April Henry director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Charles J. Prober director C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
James Constance P. director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Nicholas Earl director C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Michael Marchetti director C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Thompson William C Jr director 6650 EL CAMINO ROAD, LAS VEGAS NV 89118
Michael Winterscheidt officer: Chief Accounting Officer & Sec C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Barry L Cottle director, officer: Executive Chairman C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
M. Mendel Pinson director C/O SCIPLAY CORP, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Frances F Townsend director C/O BAKER BOTTS LLP, THE WARNER, 1299 PENNSYLVANIA AVE., NW, WASHINGTON DC 20004-2400

SciPlay (SciPlay) Headlines