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Asia Tech Image (ROCO:4974) Interest Coverage : 1,422.76 (As of Mar. 2025)


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What is Asia Tech Image 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. Asia Tech Image's Operating Income for the three months ended in Mar. 2025 was NT$135 Mil. Asia Tech Image's Interest Expense for the three months ended in Mar. 2025 was NT$-0 Mil. Asia Tech Image's interest coverage for the quarter that ended in Mar. 2025 was 1,422.76. 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. Asia Tech Image Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Asia Tech Image's Interest Coverage or its related term are showing as below:

ROCO:4974' s Interest Coverage Range Over the Past 10 Years
Min: 31.47   Med: 1393.42   Max: No Debt
Current: 1439.36


ROCO:4974's Interest Coverage is ranked better than
95.25% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs ROCO:4974: 1439.36

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


Asia Tech Image Interest Coverage Historical Data

The historical data trend for Asia Tech Image'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.

Asia Tech Image Interest Coverage Chart

Asia Tech Image Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,514.87 1,601.21 2,138.05 940.93 1,271.96

Asia Tech Image Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 850.60 1,211.71 1,863.94 1,283.87 1,422.76

Competitive Comparison of Asia Tech Image's Interest Coverage

For the Electronic Components subindustry, Asia Tech Image'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.


Asia Tech Image's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Asia Tech Image's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asia Tech Image's Interest Coverage falls into.


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Asia Tech Image 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.

Asia Tech Image'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, Asia Tech Image's Interest Expense was NT$-0 Mil. Its Operating Income was NT$494 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*493.521/-0.388
=1,271.96

Asia Tech Image's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Asia Tech Image's Interest Expense was NT$-0 Mil. Its Operating Income was NT$135 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*135.162/-0.095
=1,422.76

* 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.


Asia Tech Image  (ROCO:4974) 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 .


Asia Tech Image Interest Coverage Related Terms

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


Asia Tech Image Business Description

Traded in Other Exchanges
N/A
Address
Zhongzheng Road, 2nd Floor, No. 880, Zhonghe District, Taipei, TWN
Asia Tech Image Inc is engaged in manufacturing and selling contact image sensor modules the scope of product application is mainly for multi-functional business machines. its product includes CIS modules applied to Inkjet multi-functional printers (MFP), Laser MFP, Scanners, Plain paper copiers, and digital photo frames. It operates in three principal geographical areas including Taiwan, China, and Burma.

Asia Tech Image Headlines

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