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International Integrated Systems (ROCO:6614) Interest Coverage : 23.86 (As of Dec. 2024)


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What is International Integrated Systems 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. International Integrated Systems's Operating Income for the six months ended in Dec. 2024 was NT$109 Mil. International Integrated Systems's Interest Expense for the six months ended in Dec. 2024 was NT$-5 Mil. International Integrated Systems's interest coverage for the quarter that ended in Dec. 2024 was 23.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for International Integrated Systems's Interest Coverage or its related term are showing as below:

ROCO:6614' s Interest Coverage Range Over the Past 10 Years
Min: 11.81   Med: 39.92   Max: 144.71
Current: 11.81


ROCO:6614's Interest Coverage is ranked worse than
62.31% of 1677 companies
in the Software industry
Industry Median: 26.09 vs ROCO:6614: 11.81

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


International Integrated Systems Interest Coverage Historical Data

The historical data trend for International Integrated Systems'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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International Integrated Systems Interest Coverage Chart

International Integrated Systems Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
144.71 61.22 18.61 11.81

International Integrated Systems Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial N/A 22.41 17.03 2.15 23.86

Competitive Comparison of International Integrated Systems's Interest Coverage

For the Information Technology Services subindustry, International Integrated Systems'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.


International Integrated Systems's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, International Integrated Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where International Integrated Systems's Interest Coverage falls into.


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International Integrated Systems 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.

International Integrated Systems'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, International Integrated Systems's Interest Expense was NT$-10 Mil. Its Operating Income was NT$121 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$135 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*120.909/-10.238
=11.81

International Integrated Systems's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, International Integrated Systems's Interest Expense was NT$-5 Mil. Its Operating Income was NT$109 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$135 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*108.721/-4.557
=23.86

* 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.


International Integrated Systems  (ROCO:6614) 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 .


International Integrated Systems Interest Coverage Related Terms

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


International Integrated Systems Business Description

Traded in Other Exchanges
N/A
Address
Xianmin Boulevard, 6th Floor, N0. 7, Sec. 2, Banqiao District, New Taipei City, TWN, 22041
International Integrated Systems Inc is an information and communication technology company. The company is engaged in system implementation and software development. The services provided by the company are Applications Development, Outsourcing and Globalization Services, Security Management and Consulting Services, Systems Integration and IT Maintenance Services, Business Solution Distribution, and others.

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