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Byon Co (XKRX:032980) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Byon 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. Byon Co's Operating Income for the three months ended in Mar. 2024 was ₩-975 Mil. Byon Co's Interest Expense for the three months ended in Mar. 2024 was ₩-189 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 Byon Co's Interest Coverage or its related term are showing as below:


XKRX:032980's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.11
* 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.


Byon Co Interest Coverage Historical Data

The historical data trend for Byon 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.

Byon Co Interest Coverage Chart

Byon Co Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Byon Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Byon Co's Interest Coverage

For the Conglomerates subindustry, Byon 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.


Byon Co's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Byon Co's Interest Coverage distribution charts can be found below:

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



Byon 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.

Byon 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, Byon Co's Interest Expense was ₩-480 Mil. Its Operating Income was ₩-6,177 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩1,127 Mil.

Byon Co did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Byon Co's Interest Expense was ₩-189 Mil. Its Operating Income was ₩-975 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩9,103 Mil.

Byon Co 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.


Byon Co  (XKRX:032980) 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 .


Byon Co Interest Coverage Related Terms

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Byon Co (XKRX:032980) Business Description

Traded in Other Exchanges
N/A
Address
KJ Tower, Bongeunsa-ro 207, 13th Floor, Gangnam-gu, Seoul, KOR
Byon Co Ltd is a South Korea based company engages in the development of cell therapy using stem cell technology and commercialization of myocardial cells. It also manufactures and supplies health food raw materials and processed products, cosmetics, cosmetic containers, and cosmetic auxiliary materials.

Byon Co (XKRX:032980) Headlines

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