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Silicon Power Computermmunication (ROCO:4973) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Silicon Power Computermmunication 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. Silicon Power Computermmunication's Operating Income for the three months ended in Sep. 2024 was NT$-2 Mil. Silicon Power Computermmunication's Interest Expense for the three months ended in Sep. 2024 was NT$-2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:4973' s Interest Coverage Range Over the Past 10 Years
Min: 1.68   Med: 11.07   Max: 63.54
Current: 15.53


ROCO:4973's Interest Coverage is ranked better than
52.09% of 1582 companies
in the Hardware industry
Industry Median: 13.475 vs ROCO:4973: 15.53

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


Silicon Power Computermmunication Interest Coverage Historical Data

The historical data trend for Silicon Power Computermmunication'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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Silicon Power Computermmunication Interest Coverage Chart

Silicon Power Computermmunication 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 39.10 13.18 7.17 4.52 15.91

Silicon Power Computermmunication Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.48 26.37 36.37 - -

Competitive Comparison of Silicon Power Computermmunication's Interest Coverage

For the Computer Hardware subindustry, Silicon Power Computermmunication'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.


Silicon Power Computermmunication's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silicon Power Computermmunication's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Silicon Power Computermmunication's Interest Coverage falls into.



Silicon Power Computermmunication 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.

Silicon Power Computermmunication'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, Silicon Power Computermmunication's Interest Expense was NT$-9 Mil. Its Operating Income was NT$142 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$14 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*142.163/-8.933
=15.91

Silicon Power Computermmunication's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Silicon Power Computermmunication's Interest Expense was NT$-2 Mil. Its Operating Income was NT$-2 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6 Mil.

Silicon Power Computermmunication 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.


Silicon Power Computermmunication  (ROCO:4973) 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 .


Silicon Power Computermmunication Interest Coverage Related Terms

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


Silicon Power Computermmunication Business Description

Traded in Other Exchanges
N/A
Address
No.106, Zhouzi Street, 7th Floor, Neihu District, Taipei, TWN, 114
Silicon Power Computer & Communication Inc is primarily engaged in the manufacturing and trading of data storage, processing equipment, and electronic components. Its products include flash memory cards, USB flash drives, portable hard drives, solid-state drives, DRAM modules, and industrial-grade products.

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