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SEEEN (LSE:SEEN) Interest Coverage : No Debt (1) (As of Jun. 2023)


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What is SEEEN 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. SEEEN's Operating Income for the six months ended in Jun. 2023 was £-1.22 Mil. SEEEN's Interest Expense for the six months ended in Jun. 2023 was £0.00 Mil. SEEEN has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

SEEEN PLC has no debt.

(1) 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.

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

LSE:SEEN' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


LSE:SEEN's Interest Coverage is ranked better than
98.69% of 305 companies
in the Interactive Media industry
Industry Median: 38.43 vs LSE:SEEN: No Debt

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


SEEEN Interest Coverage Historical Data

The historical data trend for SEEEN'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.

SEEEN Interest Coverage Chart

SEEEN Annual Data
Trend Jun18 Jun19 Dec20 Dec21 Dec22
Interest Coverage
No Debt No Debt - - No Debt

SEEEN Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt No Debt No Debt

Competitive Comparison of SEEEN's Interest Coverage

For the Internet Content & Information subindustry, SEEEN'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.


SEEEN's Interest Coverage Distribution in the Interactive Media Industry

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

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



SEEEN 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.

SEEEN'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, SEEEN's Interest Expense was £0.00 Mil. Its Operating Income was £-2.39 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

SEEEN had no debt (1).

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

Here, for the six months ended in Jun. 2023, SEEEN's Interest Expense was £0.00 Mil. Its Operating Income was £-1.22 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.00 Mil.

SEEEN had no debt (1).

* 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.


SEEEN  (LSE:SEEN) 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 .


SEEEN Interest Coverage Related Terms

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


SEEEN (LSE:SEEN) Business Description

Traded in Other Exchanges
N/A
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
SEEEN PLC is a technology and media group providing a social platform for sharing video micro-moments. The company provides the media and technology platform that delivers AI-led Key Video Moments to drive increased views and revenues across all video content. The company is organized into two businesses that are video moments AI technology and a YouTube Creator Service Provider ("CSP") where consumers can use saved moments by adding them to their personal channels.

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