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SiTime (SiTime) Interest Coverage : N/A (As of Dec. 2023)


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What is SiTime 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. SiTime's Operating Income for the three months ended in Dec. 2023 was $-19.7 Mil. SiTime's Interest Expense for the three months ended in Dec. 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. SiTime Corp has enough cash to cover all of its debt. Its financial situation is stable.

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


SITM's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.19
* 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.


SiTime Interest Coverage Historical Data

The historical data trend for SiTime'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.

SiTime Interest Coverage Chart

SiTime Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - - N/A N/A N/A

SiTime Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 SiTime's Interest Coverage

For the Semiconductors subindustry, SiTime'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.


SiTime's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SiTime's Interest Coverage distribution charts can be found below:

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



SiTime 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.

SiTime'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, SiTime's Interest Expense was $0.0 Mil. Its Operating Income was $-99.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.4 Mil.

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

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

Here, for the three months ended in Dec. 2023, SiTime's Interest Expense was $0.0 Mil. Its Operating Income was $-19.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.4 Mil.

GuruFocus does not calculate SiTime'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.


SiTime  (NAS:SITM) 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 .


SiTime Interest Coverage Related Terms

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


SiTime (SiTime) Business Description

Traded in Other Exchanges
N/A
Address
5451 Patrick Henry Drive, Santa Clara, CA, USA, 95054
SiTime Corp is a USA-based provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.
Executives
Fariborz Assaderaghi officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Rajesh Vashist director, officer: Chief Executive Officer C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Vincent P Pangrazio officer: EVP & Chief Legal Officer C/O CAVIUM NETWORKS, INC., 805 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Piyush B Sevalia officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Lionel Bonnot officer: See Remarks 3450 W. WARREN AVENUE, FREMONT CA 94538
Arthur D Chadwick officer: See Remarks 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Katherine Schuelke director 47488 KATO ROAD, FREMONT CA 94538
Torsten Kreindl director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Tom Dang-hsing Yiu director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Akira Takata director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Christine Heckart director C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Megachips Corp /fi 10 percent owner 1-1-1 MIYAHARA, YODOGAWA-KU, OSAKA M0 532-0003

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