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Amiccom Electronics (ROCO:5272) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Amiccom Electronics 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. Amiccom Electronics's Operating Income for the three months ended in Mar. 2024 was NT$-16.2 Mil. Amiccom Electronics's Interest Expense for the three months ended in Mar. 2024 was NT$-0.5 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 Amiccom Electronics's Interest Coverage or its related term are showing as below:


ROCO:5272's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 19.46
* 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.


Amiccom Electronics Interest Coverage Historical Data

The historical data trend for Amiccom Electronics'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.

Amiccom Electronics Interest Coverage Chart

Amiccom Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 25.27 9.45 -

Amiccom Electronics 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 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 - - - - -

Competitive Comparison of Amiccom Electronics's Interest Coverage

For the Semiconductor Equipment & Materials subindustry, Amiccom Electronics'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.


Amiccom Electronics's Interest Coverage Distribution in the Semiconductors Industry

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

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



Amiccom Electronics 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.

Amiccom Electronics'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, Amiccom Electronics's Interest Expense was NT$-2.3 Mil. Its Operating Income was NT$-56.6 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$99.8 Mil.

Amiccom Electronics did not have earnings to cover the interest expense.

Amiccom Electronics's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Amiccom Electronics's Interest Expense was NT$-0.5 Mil. Its Operating Income was NT$-16.2 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$99.6 Mil.

Amiccom Electronics 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.


Amiccom Electronics  (ROCO:5272) 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 .


Amiccom Electronics Interest Coverage Related Terms

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


Amiccom Electronics (ROCO:5272) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Taiyuan Street, 10th Floor, Hsinchu County, Zhubei City, Hsinchu, TWN, 30265
Amiccom Electronics Corp is a Taiwan-based RF integrated circuits (ICs) vendor. The company focuses on chip design and marketing that is extended by six product lines of 2.4GHz RF data communication, Sub1GHz RF data communication, 5.8GHz RF data communication, Wireless audio system, Standard communication (Zigbee/RF4CE and BLE), and Satellite communication. Its core businesses are 2.4GHz TRx, sub-GHz TRx, PHS TRx, GPS Receiver IC, and Switch Matrix IC for LNB.

Amiccom Electronics (ROCO:5272) Headlines

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