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Super Group (SGHC) (Super Group (SGHC)) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Super Group (SGHC) 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. Super Group (SGHC)'s Operating Income for the three months ended in Dec. 2023 was $-6 Mil. Super Group (SGHC)'s Interest Expense for the three months ended in Dec. 2023 was $-1 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 Super Group (SGHC)'s Interest Coverage or its related term are showing as below:

SGHC' s Interest Coverage Range Over the Past 10 Years
Min: 11.41   Med: 29.91   Max: 79.98
Current: 27.41


SGHC's Interest Coverage is ranked better than
73.3% of 603 companies
in the Travel & Leisure industry
Industry Median: 5.18 vs SGHC: 27.41

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


Super Group (SGHC) Interest Coverage Historical Data

The historical data trend for Super Group (SGHC)'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.

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Super Group (SGHC) Interest Coverage Chart

Super Group (SGHC) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial - 11.41 32.32 79.98 27.50

Super Group (SGHC) Quarterly Data
Dec19 Jun20 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 - 11.06 86.22 39.92 -

Competitive Comparison of Super Group (SGHC)'s Interest Coverage

For the Gambling subindustry, Super Group (SGHC)'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.


Super Group (SGHC)'s Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Super Group (SGHC)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Super Group (SGHC)'s Interest Coverage falls into.



Super Group (SGHC) 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.

Super Group (SGHC)'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, Super Group (SGHC)'s Interest Expense was $-3 Mil. Its Operating Income was $82 Mil. And its Long-Term Debt & Capital Lease Obligation was $26 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*81.762/-2.973
=27.50

Super Group (SGHC)'s Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Super Group (SGHC)'s Interest Expense was $-1 Mil. Its Operating Income was $-6 Mil. And its Long-Term Debt & Capital Lease Obligation was $26 Mil.

Super Group (SGHC) 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.


Super Group (SGHC)  (NYSE:SGHC) 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 .


Super Group (SGHC) Interest Coverage Related Terms

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


Super Group (SGHC) (Super Group (SGHC)) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway House, Havilland Street, St Peter Port, GGY, GY1 2QE
Super Group (SGHC) Ltd is the holding company for global online sports betting and gaming businesses. The company's reportable segments are Betway and Spin. Majority of revenue is generated from Betway segment. Betway segment is single brand online sportsbook focused business with a global footprint and strategic partnerships with teams and leagues worldwide. Betway additionally recovers sponsorship marketing spend through brand license agreements.