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Korea Electric Power Industrial Development Co (XKRX:130660) Interest Coverage : 15.73 (As of Mar. 2024)


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What is Korea Electric Power Industrial Development 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. Korea Electric Power Industrial Development Co's Operating Income for the three months ended in Mar. 2024 was ₩7,729 Mil. Korea Electric Power Industrial Development Co's Interest Expense for the three months ended in Mar. 2024 was ₩-491 Mil. Korea Electric Power Industrial Development Co's interest coverage for the quarter that ended in Mar. 2024 was 15.73. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Korea Electric Power Industrial Development Co's Interest Coverage or its related term are showing as below:

XKRX:130660' s Interest Coverage Range Over the Past 10 Years
Min: 11.03   Med: 33.98   Max: 112.56
Current: 26.71


XKRX:130660's Interest Coverage is ranked better than
85.04% of 448 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs XKRX:130660: 26.71

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


Korea Electric Power Industrial Development Co Interest Coverage Historical Data

The historical data trend for Korea Electric Power Industrial Development 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.

Korea Electric Power Industrial Development Co Interest Coverage Chart

Korea Electric Power Industrial Development 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 32.42 26.22 24.77 34.19 39.58

Korea Electric Power Industrial Development 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 30.70 94.58 87.22 - 15.73

Competitive Comparison of Korea Electric Power Industrial Development Co's Interest Coverage

For the Utilities - Regulated Electric subindustry, Korea Electric Power Industrial Development 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.


Korea Electric Power Industrial Development Co's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Korea Electric Power Industrial Development Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Korea Electric Power Industrial Development Co's Interest Coverage falls into.



Korea Electric Power Industrial Development 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.

Korea Electric Power Industrial Development 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, Korea Electric Power Industrial Development Co's Interest Expense was ₩-460 Mil. Its Operating Income was ₩18,192 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩27,383 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*18192.477/-459.634
=39.58

Korea Electric Power Industrial Development Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Korea Electric Power Industrial Development Co's Interest Expense was ₩-491 Mil. Its Operating Income was ₩7,729 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩25,994 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*7728.816/-491.484
=15.73

* 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.


Korea Electric Power Industrial Development Co  (XKRX:130660) 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 .


Korea Electric Power Industrial Development Co Interest Coverage Related Terms

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Korea Electric Power Industrial Development Co (XKRX:130660) Business Description

Traded in Other Exchanges
N/A
Address
115 Seosomun-ro, Jung-gu, 6th floor, Hansan building, Seoul, KOR, 100-110
Korea Electric Power Industrial Development Co Ltd is engaged in reading and recording electricity meters on a regular basis, delivering electricity bills, operation and maintenance of power plants, and leasing multi-purpose buildings. It is also engaged in the maintenance, operation, and lease of electric power facilities, vehicles, and equipment.

Korea Electric Power Industrial Development Co (XKRX:130660) Headlines

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