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Whanin Pharm Co (XKRX:016580) Interest Coverage : 1,555.14 (As of Mar. 2024)


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What is Whanin Pharm Co 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. Whanin Pharm Co's Operating Income for the three months ended in Mar. 2024 was ₩8,318 Mil. Whanin Pharm Co's Interest Expense for the three months ended in Mar. 2024 was ₩-5 Mil. Whanin Pharm Co's interest coverage for the quarter that ended in Mar. 2024 was 1,555.14. 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. Whanin Pharm Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKRX:016580' s Interest Coverage Range Over the Past 10 Years
Min: 574.65   Med: 5665.84   Max: No Debt
Current: 1446.93


XKRX:016580's Interest Coverage is ranked better than
92.19% of 679 companies
in the Drug Manufacturers industry
Industry Median: 13.08 vs XKRX:016580: 1446.93

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


Whanin Pharm Co Interest Coverage Historical Data

The historical data trend for Whanin Pharm Co'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.

Whanin Pharm Co Interest Coverage Chart

Whanin Pharm Co 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 1,290.43 904.58 606.68 574.65 1,331.67

Whanin Pharm Co 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 1,134.82 1,346.02 1,652.14 1,268.87 1,555.14

Competitive Comparison of Whanin Pharm Co's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Whanin Pharm Co'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.


Whanin Pharm Co's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Whanin Pharm Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Whanin Pharm Co's Interest Coverage falls into.



Whanin Pharm Co 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.

Whanin Pharm Co'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, Whanin Pharm Co's Interest Expense was ₩-23 Mil. Its Operating Income was ₩30,170 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩307 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*30170.288/-22.656
=1,331.67

Whanin Pharm Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Whanin Pharm Co's Interest Expense was ₩-5 Mil. Its Operating Income was ₩8,318 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩281 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*8318.47/-5.349
=1,555.14

* 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.


Whanin Pharm Co  (XKRX:016580) 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 .


Whanin Pharm Co Interest Coverage Related Terms

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Whanin Pharm Co (XKRX:016580) Business Description

Traded in Other Exchanges
N/A
Address
84-1 Munjeong-dong, Songpa-gu, Seoul, KOR, 138-200
Whanin Pharm Co Ltd is a pharmaceutical company. The company develops, manufactures, markets, and sells the therapeutic products. It offers antibiotics, cardiovascular drugs, CNS stimulants, gastrointestinal drugs, multivitamins and other products. The company's products include Antiasthmatics; Antidepressants; Antipsychotics; Anxiolytics and hypnotics; and Antiepileptics.

Whanin Pharm Co (XKRX:016580) Headlines

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