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Forcelead Technology (ROCO:6996) Interest Coverage : 302.64 (As of Mar. 2025)


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What is Forcelead Technology 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. Forcelead Technology's Operating Income for the three months ended in Mar. 2025 was NT$108 Mil. Forcelead Technology's Interest Expense for the three months ended in Mar. 2025 was NT$-0 Mil. Forcelead Technology's interest coverage for the quarter that ended in Mar. 2025 was 302.64. 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. Forcelead Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

ROCO:6996' s Interest Coverage Range Over the Past 10 Years
Min: 169   Med: 375.76   Max: 5157.65
Current: 324.12


ROCO:6996's Interest Coverage is ranked better than
89.82% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs ROCO:6996: 324.12

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


Forcelead Technology Interest Coverage Historical Data

The historical data trend for Forcelead Technology'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.

Forcelead Technology Interest Coverage Chart

Forcelead Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
169.00 5,157.65 2,069.99 375.76 323.80

Forcelead Technology Quarterly Data
Dec20 Dec21 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 306.71 336.82 420.36 236.18 302.64

Competitive Comparison of Forcelead Technology's Interest Coverage

For the Electronic Components subindustry, Forcelead Technology'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.


Forcelead Technology's Interest Coverage Distribution in the Hardware Industry

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

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


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Forcelead Technology 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.

Forcelead Technology'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, Forcelead Technology's Interest Expense was NT$-2 Mil. Its Operating Income was NT$644 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$19 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*644.361/-1.99
=323.80

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

Here, for the three months ended in Mar. 2025, Forcelead Technology's Interest Expense was NT$-0 Mil. Its Operating Income was NT$108 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$17 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*108.346/-0.358
=302.64

* 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.


Forcelead Technology  (ROCO:6996) 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 .


Forcelead Technology Interest Coverage Related Terms

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


Forcelead Technology Business Description

Traded in Other Exchanges
N/A
Address
6F-9, No. 5, Taiyuan 1st Street, Hsinchu County, Zhubei, TWN, 302
Forcelead Technology Corp is an professional integrated chip design company mainly dedicated to the research and development and sales of display driver chips and touch integrated driver chips. Its products are mainly targeted in the automotive field, including display driver chips for instrument panels, center consoles, heads-up displays, electronic rearview mirrors, circular knobs, etc. The products have been mass-produced in major international automobile manufacturers in Asia, Europe, and America.

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