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Niko Semiconductor Co (ROCO:3317) Interest Coverage : 1,494.90 (As of Mar. 2024)


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What is Niko Semiconductor 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. Niko Semiconductor Co's Operating Income for the three months ended in Mar. 2024 was NT$46 Mil. Niko Semiconductor Co's Interest Expense for the three months ended in Mar. 2024 was NT$-0 Mil. Niko Semiconductor Co's interest coverage for the quarter that ended in Mar. 2024 was 1,494.90. 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. Niko Semiconductor Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

ROCO:3317' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 739.32   Max: 6416.56
Current: 1682.37


ROCO:3317's Interest Coverage is ranked better than
94.28% of 612 companies
in the Semiconductors industry
Industry Median: 20.035 vs ROCO:3317: 1682.37

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


Niko Semiconductor Co Interest Coverage Historical Data

The historical data trend for Niko Semiconductor 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.

Niko Semiconductor Co Interest Coverage Chart

Niko Semiconductor 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 739.32 1,208.72 6,416.56 1,615.46 1,542.57

Niko Semiconductor 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 1,119.02 1,236.57 2,478.83 1,629.36 1,494.90

Competitive Comparison of Niko Semiconductor Co's Interest Coverage

For the Semiconductors subindustry, Niko Semiconductor 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.


Niko Semiconductor Co's Interest Coverage Distribution in the Semiconductors Industry

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

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



Niko Semiconductor 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.

Niko Semiconductor 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, Niko Semiconductor Co's Interest Expense was NT$-0 Mil. Its Operating Income was NT$265 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*265.322/-0.172
=1,542.57

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

Here, for the three months ended in Mar. 2024, Niko Semiconductor Co's Interest Expense was NT$-0 Mil. Its Operating Income was NT$46 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*46.342/-0.031
=1,494.90

* 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.


Niko Semiconductor Co  (ROCO:3317) 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 .


Niko Semiconductor Co Interest Coverage Related Terms

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Niko Semiconductor Co (ROCO:3317) Business Description

Traded in Other Exchanges
N/A
Address
No.368 Gongjian Road, 12th Floor, Xizhi District, New Taipei City, TWN
Niko Semiconductor Co Ltd designs produce and distribute analog integrated circuits. Its main products include POWER MOSFET power components, linear regulator ICs (LDO), switching regulator ICs, and pulse control ICs and are widely used in motherboards, notebook computers, tablet computers, and other pan-PC products and their peripheral power supply devices, as well as LED Lighting, automotive electronics/car charger market, Power Bank and liquid crystal display panels (LCD) and other related industries.

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