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Newmax Technology Co (ROCO:3630) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Newmax Technology 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. Newmax Technology Co's Operating Income for the three months ended in Mar. 2025 was NT$-132 Mil. Newmax Technology Co's Interest Expense for the three months ended in Mar. 2025 was NT$-15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


ROCO:3630's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.09
* 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.


Newmax Technology Co Interest Coverage Historical Data

The historical data trend for Newmax Technology 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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Newmax Technology Co Interest Coverage Chart

Newmax Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Newmax Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Newmax Technology Co's Interest Coverage

For the Electronic Components subindustry, Newmax Technology 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.


Newmax Technology Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Newmax Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Newmax Technology Co's Interest Coverage falls into.


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Newmax Technology 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.

Newmax Technology 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, Newmax Technology Co's Interest Expense was NT$-65 Mil. Its Operating Income was NT$-567 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,607 Mil.

Newmax Technology Co did not have earnings to cover the interest expense.

Newmax Technology Co's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Newmax Technology Co's Interest Expense was NT$-15 Mil. Its Operating Income was NT$-132 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,542 Mil.

Newmax Technology Co did not have earnings to cover the interest expense.

* 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.


Newmax Technology Co  (ROCO:3630) 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 .


Newmax Technology Co Interest Coverage Related Terms

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Newmax Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No 269, Sec 1, Houke Road, Houli District, Tai-Chung, TWN, 421
Newmax Technology Co Ltd is a company mainly engaged in the research, design, development, manufacture, and marketing of optics application products. The company manufactures optics mirrors and plastic lenses and sells them to optical equipment manufacturers and computer peripheral digital imaging manufacturers. The company offers photographic/optical equipment, electronic parts/components, and electrical machinery/supplies. The company generates the majority of its revenue from China.

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