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Century Wind Power Co (ROCO:2072) Interest Coverage : 8.75 (As of Dec. 2024)


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What is Century Wind Power 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. Century Wind Power Co's Operating Income for the six months ended in Dec. 2024 was NT$789 Mil. Century Wind Power Co's Interest Expense for the six months ended in Dec. 2024 was NT$-90 Mil. Century Wind Power Co's interest coverage for the quarter that ended in Dec. 2024 was 8.75. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:2072' s Interest Coverage Range Over the Past 10 Years
Min: 6.82   Med: 19.6   Max: 35.38
Current: 10.82


ROCO:2072's Interest Coverage is ranked better than
58.57% of 1325 companies
in the Construction industry
Industry Median: 7.24 vs ROCO:2072: 10.82

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


Century Wind Power Co Interest Coverage Historical Data

The historical data trend for Century Wind Power 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.

Century Wind Power Co Interest Coverage Chart

Century Wind Power Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 28.38 35.38 - 6.82 10.82

Century Wind Power Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 14.89 13.07 8.75

Competitive Comparison of Century Wind Power Co's Interest Coverage

For the Engineering & Construction subindustry, Century Wind Power 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.


Century Wind Power Co's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Century Wind Power Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Century Wind Power Co's Interest Coverage falls into.


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Century Wind Power 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.

Century Wind Power Co's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Century Wind Power Co's Interest Expense was NT$-173 Mil. Its Operating Income was NT$1,869 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,805 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1869.261/-172.835
=10.82

Century Wind Power Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Century Wind Power Co's Interest Expense was NT$-90 Mil. Its Operating Income was NT$789 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,805 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*789.413/-90.21
=8.75

* 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.


Century Wind Power Co  (ROCO:2072) 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 .


Century Wind Power Co Interest Coverage Related Terms

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


Century Wind Power Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Road, No. 388-5, Section 3, Bali District, New Taipei, TWN, 249001
Century Wind Power Co Ltd is engaged in projects of power generation, transmission, distribution, mechanical equipment manufacturing, and installation services.

Century Wind Power Co Headlines

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