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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. Strata Skin Sciences's Operating Income for the three months ended in Mar. 2024 was $-2.89 Mil. Strata Skin Sciences's Interest Expense for the three months ended in Mar. 2024 was $-0.52 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 Strata Skin Sciences's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Strata Skin Sciences'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.
Strata Skin Sciences Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Interest Coverage | Get a 7-Day Free Trial | - | - | - | - | - |
Strata Skin Sciences Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Interest Coverage | Get a 7-Day Free Trial | - | - | - | - | - |
For the Medical Devices subindustry, Strata Skin Sciences'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.
For the Medical Devices & Instruments industry and Healthcare sector, Strata Skin Sciences's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Strata Skin Sciences's Interest Coverage falls into.
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.
Strata Skin Sciences'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, Strata Skin Sciences's Interest Expense was $-1.64 Mil. Its Operating Income was $-6.32 Mil. And its Long-Term Debt & Capital Lease Obligation was $15.28 Mil.
Strata Skin Sciences did not have earnings to cover the interest expense. |
Strata Skin Sciences's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
Here, for the three months ended in Mar. 2024, Strata Skin Sciences's Interest Expense was $-0.52 Mil. Its Operating Income was $-2.89 Mil. And its Long-Term Debt & Capital Lease Obligation was $16.24 Mil.
Strata Skin Sciences 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.
Strata Skin Sciences (NAS:SSKN) 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 .
Thank you for viewing the detailed overview of Strata Skin Sciences's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Shmuel Gov | officer: SVP & General Manager Carlsbad | 5 WALNUT GROVE DRIVE, STE. 140, HORSHAM PA 19044 |
Samuel Rubinstein | director | 5 WALNUT GROVE DR., SUITE 140, HORSHAM PA 19044 |
Wayne Cafran | director | 5 WALNUT GROVE DRIVE, SUITE 140, HORSHAM PA 19044 |
Irit Yaniv | director | 5 WALNUT GROVE DRIVE, SUITE 140, HORSHAM PA 19044 |
22nw Gp, Inc. | 10 percent owner | 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107 |
22nw Fund Gp, Llc | 10 percent owner | 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107 |
Aron R. English | 10 percent owner | 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107 |
22nw, Lp | 10 percent owner | 590 1ST AVE S, UNIT C1, SEATTLE WA 98104 |
22nw Fund, Lp | 10 percent owner | 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107 |
Christopher Lesovitz | officer: Chief Financial Officer | 5 WALNUT GROVE DRIVE, STE. 140, HORSHAM PA 19044 |
Robert Joseph Moccia | director, officer: Chief Executive Officer | 5 WALNUT GROVE DRIVE, SUITE 140, HORSHAM PA 19044 |
William D. Humphries | director | C/O STRATA SKIN SCIENCES, INC., 5 WALNUT GROVE DRIVE SUITE 140, HORSHAM PA 19044 |
Patricia S Walker | director | 5540 EKWILL ST STE D, SANTA BARBARA CA 93111 |
Douglas Strang | director | 5 WALNUT GROVE DRIVE, STE. 140, HORSHAM PA 19044 |
Nachum Shamir | director | 12212 TECHNOLOGY BLVD, AUSTIN TX 78727 |
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