Gamania Digital Entertainment Co (ROCO:6180) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is Gamania Digital Entertainment 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. Gamania Digital Entertainment Co's Operating Income for the three months ended in Dec. 2023 was NT$-114 Mil. Gamania Digital Entertainment Co's Interest Expense for the three months ended in Dec. 2023 was NT$-2 Mil. did not have earnings to cover the interest expense. 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. Gamania Digital Entertainment Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

ROCO:6180' s Interest Coverage Range Over the Past 10 Years
Min: 68.03 Med: 96.09 Max: 320.56
Current: 114.66

ROCO:6180's Interest Coverage is ranked better than
66.14% of 316 companies
in the Interactive Media industry
Industry Median: 34.915 vs ROCO:6180: 114.66

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

Gamania Digital Entertainment Co Interest Coverage Historical Data

The historical data trend for Gamania Digital Entertainment 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.

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Gamania Digital Entertainment Co Interest Coverage Chart

Gamania Digital Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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68.03

96.09

262.49

320.56

114.66

Gamania Digital Entertainment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															25.51	425.91	38.55	151.60	-

Competitive Comparison of Gamania Digital Entertainment Co's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Gamania Digital Entertainment 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.

Gamania Digital Entertainment Co's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gamania Digital Entertainment Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gamania Digital Entertainment Co's Interest Coverage falls into.

Gamania Digital Entertainment 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.

Gamania Digital Entertainment 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, Gamania Digital Entertainment Co's Interest Expense was NT$-6 Mil. Its Operating Income was NT$651 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$56 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	650.827	/	-5.676
	=	114.66

Gamania Digital Entertainment Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Gamania Digital Entertainment Co's Interest Expense was NT$-2 Mil. Its Operating Income was NT$-114 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$56 Mil.

Gamania Digital Entertainment Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Gamania Digital Entertainment Co (ROCO:6180) 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 .

Gamania Digital Entertainment Co Interest Coverage Related Terms

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

Gamania Digital Entertainment Co (ROCO:6180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gamania Digital Entertainment Co Ltd (ROCO:6180) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.111, Ruihu Street, Neihu District, Taipei, TWN, 11494

Website

https://www.gamania.com

Gamania Digital Entertainment Co Ltd is engaged in developing software for online games, multi-platform digital content, animation, and all forms of digital entertainment. The company's digital entertainment platform beanfun offers a great variety of game genres. The majority of the revenue is generated from online and mobile games. The company operates in Taiwan, Asia, and other countries, out of which Taiwan accounts for the majority of the revenue.

Gamania Digital Entertainment Co (ROCO:6180) Headlines

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