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Siliconware Precision Industries Co (Siliconware Precision Industries Co) Interest Coverage : N/A (As of Mar. 2018)


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What is Siliconware Precision Industries 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. Siliconware Precision Industries Co's Operating Income for the three months ended in Mar. 2018 was $40 Mil. Siliconware Precision Industries Co's Interest Expense for the three months ended in Mar. 2018 was $0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


SPIL's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 19.975
* 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.


Siliconware Precision Industries Co Interest Coverage Historical Data

The historical data trend for Siliconware Precision Industries 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.

Siliconware Precision Industries Co Interest Coverage Chart

Siliconware Precision Industries Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.99 34.68 23.71 19.61 14.89

Siliconware Precision Industries Co Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 N/A N/A N/A 17.24 N/A

Competitive Comparison of Siliconware Precision Industries Co's Interest Coverage

For the Semiconductors subindustry, Siliconware Precision Industries 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.


Siliconware Precision Industries Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Siliconware Precision Industries Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Siliconware Precision Industries Co's Interest Coverage falls into.



Siliconware Precision Industries 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.

Siliconware Precision Industries Co's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Siliconware Precision Industries Co's Interest Expense was $-20 Mil. Its Operating Income was $295 Mil. And its Long-Term Debt & Capital Lease Obligation was $824 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2017 )/Interest Expense (A: Dec. 2017 )
=-1*295.155/-19.824
=14.89

Siliconware Precision Industries Co's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Here, for the three months ended in Mar. 2018, Siliconware Precision Industries Co's Interest Expense was $0 Mil. Its Operating Income was $40 Mil. And its Long-Term Debt & Capital Lease Obligation was $402 Mil.

GuruFocus does not calculate Siliconware Precision Industries Co's interest coverage with the available data.

* 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.


Siliconware Precision Industries Co  (NAS:SPIL) 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 .


Siliconware Precision Industries Co Interest Coverage Related Terms

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Siliconware Precision Industries Co (Siliconware Precision Industries Co) Business Description

Traded in Other Exchanges
N/A
Address
Siliconware Precision Industries is a leading subcontractor of outsourced assembly and testing services for the semiconductor industry. The company was founded in Taiwan in 1984 and went public in the U.S. through the issuance of ADRs in 2000. Its cost management, disciplined capital spending, and strong balance sheet have set it apart from most of its peers.

Siliconware Precision Industries Co (Siliconware Precision Industries Co) Headlines

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